Canola prices higher in rangebound movement

There isn’t much to be overly concerned about now regarding canola futures on the intercontinental exchange. Despite declines, the Canadian oilseed remained a fair bit higher than a week ago. This is pleasant news, given how canola has tumbled downward in recent months. In short, canola can be seen as rangebound. There is a deficit[...]




Prices strong despite fewer cattle on offer

Cattle prices have slipped a little but remain strong, according to Kirk Kiesman of Ashern Auction Mart. He said the number and quality of cattle at auction have both fallen in the last few weeks. “The market was still pretty good overall. The run is definitely getting smaller as most of the cattle in Manitoba[...]


High cattle prices to be around for a while

As spring approaches, prices for cattle at Manitoba’s auctions are expected to remain strong, according to Rick Wright of the Heartland Order Buying Company and Tyler Fulton, second vice-president of the Manitoba Beef Producers. A storm system that crossed Manitoba March 2-3 wreaked havoc with some auctions. The Killarney Auction Mart rescheduled its March 4[...]







Several factors weigh on canola prices

After continuing to take a barrage of heavy hits during the week of Dec. 1 to 7, canola futures on the Intercontinental Exchange are now faced with a fork in the road. They can either resume the downward spiral, busting through support level after support level, or they could see successive increases that could bring[...]