North American Grains/Oilseed Review: Canola drops with US soy, technicals

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, Mar 24 – The ICE Futures Canada canola market finished weaker on Friday, as declines in the US soy complex pointed the way lower. Technical selling was a main feature behind canola’s drop over yesterday’s session and today, according to a trader in Winnipeg. […] Read more

Easter influence seen on prices

Demand for the looming holiday drove some early purchases

A total of 250 sheep and goats were on the auction block at the Mar. 15 sheep and goat sale at Winnipeg Livestock Auction. Many of the buyers appeared motivated by the upcoming Easter holiday and anticipated demand, making for some early purchases. The presence of worms in some groups of lambs — earlier than […] Read more



ICE Canola Dips as Losses in Soy Cancel out Technical Bounce

By Dave Sims, Commodity News Service Canada WINNIPEG, March 24 – Canola contracts on the ICE Futures Canada platform were lower at 10:45 CDT on Friday, weighed down by losses in the US soy complex. The market had been higher in early activity but was unable to hold up against the downward pull of the […] Read more

ICE canola mixed in volatile trade

By Jade Markus, Commodity News Service Canada WINNIPEG, March 24 – ICE Canada canola were mixed in choppy trade Friday morning. Losses in the US soy complex added spill-over pressure to canola. Chicago Board of Trade soybeans, soy meal, and soy oil dropped in early activity with reports of strong farmer selling from Brazil, as […] Read more


North American Grains/Oilseed Review: Canola, soybeans plummet below major support

North American Grains/Oilseed Review: Canola plummets below major support By Dave Sims, Commodity News Service Canada Winnipeg, Mar 23 – The ICE Futures Canada canola market suffered steep losses on Thursday, amid a barrage of bearish chart signals and technical selling. Large soybean supplies from South America were pressuring the canola market in early trading. […] Read more

Prairies’ cash wheat values finish week mixed

MGEX May wheat was up on the week, while CBOT and K.C. May wheat slipped

Spring wheat bids in Western Canada were mixed during the week ended March 17, with gains in some classes and losses in others as markets reacted to activity in the U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up $1-$2 per tonne across the Prairie provinces, according to […] Read more




Local cattle values rise on Chicago cattle futures

The loonie gained strength but remained low overall

Prices for cattle at auction marts across Manitoba picked up on the week, as advances in the futures lent support. At the same time, cattle prices in the U.S. have seen an even bigger jump, leading to increased demand from the country. After being closed the previous week, Heartland Virden had a 3,207-head sale on […] Read more



ICE Canola Mixed as Funds Make Technical Moves

By Dave Sims, Commodity News Service Canada WINNIPEG, March 23 – Canola contracts on the ICE Futures Canada platform were mixed at 10:50 CDT on Thursday, with the front-end contracts weighed down by fund selling and losses in US soybeans, while the more deferred contracts were taking strength from gains in soyoil. Large soybean supplies […] Read more

ICE Canola Down Early, Testing Support

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, March 23 (CNS Canada) – ICE Canada canola contracts were lower Thursday morning, testing major chart support as bearish technical signals kept speculators on the sell side. The most active May contract briefly fell below the C$500 per tonne level in early activity, but managed to recover […] Read more