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Canola weakens with soybeans at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, taking some direction from Chicago Board of Trade soybeans. “Everything is working against canola today,” said a trader pointing to the bearish influence of soybeans, which were down 10 U.S. cents per bushel at midday, and the […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) The Canadian dollar was slightly weaker Tuesday morning, as Monday’s dovish business outlook survey from the Bank of Canada continued to pressure the currency. At 8:56 CDT Tuesday morning the Canadian dollar was at US$0.7478 or C$1.3319 which compares with Monday’s North American close of US$0.7488 or C$1.3354. Canadian […] Read more


ICE canola futures: Most of trade focusing on spreads

By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – ICE Futures canola contracts were making gains in early trade Tuesday morning, with rolling May contracts into July a major feature. The May canola contract was up 40 cents to C$456.10 per tonne, and the July contract up 10 cents to C$463.80 per tonne. The possibility […] Read more

North American Grain/Oilseed Review: Canola weakens at final bell

By Phil Franz-Warkentin, MarketsFarm Winnipeg, April 15 (MarketsFarm) – ICE Futures canola contracts settled with small losses in the most active months on Monday, after posting gains for most of the session. Canola held within a narrow range, lacking any clear direction as participants await some fresh market moving data, according to a trader. Gains […] Read more


Spirited lamb bidding as Easter approaches

The looming holiday is on the minds of sheep and goat buyers

Even the strong cool winds that reminded us winter had not yet left didn’t deter buyers or sellers at the latest Winnipeg Livestock Auction sheep and goat sale April 3. More than 250 animals went through the ring and goats were strongly featured in the sale. Buyers seeking goat kids found an excellent choice and […] Read more


Canola narrowly holding small gains at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Monday, although the bias was slightly higher in the most active months. “We’re stuck going nowhere,” said a canola trader on the range-bound activity. Gains in Chicago Board of Trade soybeans and a weaker tone in the […] Read more


ICE canola futures: Little direction in bids to start week

By Glen Hallick, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – ICE Futures canola contracts were steady in early trade Monday morning, with little to provide direction either way. The May canola contract was up 70 cents to C$457.00 per tonne and the July contract gained 40 cents to C$465.00 per tonne. Traders’ attention has been focused […] Read more

North American Grain/Oilseed Review: Canola finishes the week steady

By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – ICE Futures canola contracts finished steady on Friday. A major feature of trading today was rolling out of the May contracts into July. Ongoing tensions between Canada and China continued to weigh on values, and the technical bias is to the downside. Prairie spring road bans […] Read more


Cattle supplies declining, buyer demand increasing

Manitoba auction markets report fewer head of cattle for sale

The number of cattle headed to Manitoba’s weekly auctions is expected to decline, according to Harold Unrau, manager at Grunthal Livestock Auction Mart. “There’s hardly any butchers left on the farms because they sold them all earlier,” Unrau said. “The feeder cattle are going to slow down too, as not many are left out in […] Read more


ICE canola midday: Spread spurs bounce in prices

By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – ICE Futures canola contracts were up at midday Friday, as rolling May contracts into July was a very significant feature, according to a Winnipeg-based trader. The May and July contracts gained C$2.00, with May at C$458.20 per tonne and July at C$466.30 per tonne The trader […] Read more