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North American Grain/Oilseed Review: Canola lower after choppy day

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Nov. 12 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at Tuesday’s close, after trading to both sides of unchanged in choppy activity. Losses in Chicago Board of Trade soyoil and a firm tone in the Canadian dollar caused crush margins to fall, which kept domestic processors on the […] Read more

ICE canola posting small gains at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – ICE Futures canola contracts were posting small gains Tuesday morning, although activity was thin and choppy with little supportive news to drive the move higher. “Canola is doing its own thing,” said a Winnipeg-based trader. He linked the gains to short-covering by small speculators and a […] Read more


Global Markets: Violence escalates in Hong Kong

WINNIPEG, Nov. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Violence in Hong Kong escalated over the past few days, with police shooting live rounds and hitting at least one activist. Anti-government protestors also retaliated by setting a pro-Beijing supporter on fire, according to reports. […] Read more

ICE canola futures: Like the loonie, bids steady Tuesday morning

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady Tuesday morning, after trading resumes following Remembrance Day. Canola was getting support from stronger palm oil and European rapeseed prices. However, the Prairie harvest has wrapped up in several regions or was very close to being finished, which […] Read more


North American Grain/Oilseed Review

WINNIPEG, Nov. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Friday, bouncing back from previous lows following the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE reported projected ending stocks— including Malaysian palm oil, European rapeseed, and canola—to be the lowest level in […] Read more

Fall cattle run picks up steam

After a slow and muddy start, auction barns have filled up

Cattle auction yards were busy across Manitoba during the last week of October, with the fall run in full swing. “We’re busy, I think every barn is full (across the province),” said Robin Hill, of Heartland Livestock Services in Virden. “The volumes in Western Canada really cranked up over the past week, and now everybody […] Read more



Canola prices stable to higher at midday Friday

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was steady to stronger on Friday morning, ahead of the World Agriculture Supply Demand Estimate (WASDE) from the United States Department of Agriculture (USDA) which will be released at 11 a.m. CST. Trade expectations are split in regards to the WASDE’s […] Read more

ICE canola steady in thin trade Friday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 8 (MarketsFarm) – The ICE Futures canola market was holding near unchanged Friday morning, in thin and choppy as participants await the latest United States of Department Agriculture production and supply/demand reports out later in the day. The USDA releases its monthly reports at 11:00 CST, with any surprises […] Read more


North American Grain/Oilseed Review

WINNIPEG, Nov. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Thursday, retreating from previous highs due to lack of follow-through buying. One trader noted that markets were range-bound, lacking a strong sense of direction. The announcement that China will resume importing Canadian pork and beef sparked some optimism regarding a trade […] Read more

Canola prices steady midday Thursday

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 7 (MarketsFarm) – The ICE Futures canola market was steady to stronger on Thursday morning, backing off from previous highs due to lack of follow-through buying. One Winnipeg-based trader remarked that markets were range-bound and lacking a strong sense of direction. “[Markets] look like they want to do one […] Read more