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Canola futures mixed at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were mixed at midday Wednesday, with losses in the front months and a firmer tone in the more deferred positions as the old/new crop spreads saw some adjustment. Losses in Chicago Board of Trade soybeans put some spillover […] Read more

ICE canola futures down Wednesday on heel of sell-off

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were down Wednesday morning following Tuesday’s sell-off. Canola futures were losing about C$2 per tonne, with the March contract down to C$470.80 per tonne. The United States stocks markets were again sluggish; starting Wednesday morning on cautious optimism […] Read more


ICE canola midday: Rolling canola spreads from March to May

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 19 (CNS Canada) – At midday Tuesday the ICE canola futures were a mixed bag, with the bias towards the downside according to a Winnipeg-based trader. The soybean complex on the Chicago Board of Trade was slightly lower, which was supportive. As was the Australian canola […] Read more

ICE canola futures making small gains

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 16 (CNS Canada) – ICE Futures canola contracts were slightly stronger Tuesday morning following Monday’s holiday. After being down in overnight trading, canola futures were making small gains, with the March contract above C$476 per tonne. The markets were somewhat sluggish Tuesday morning as the initial […] Read more


North American Grain/Oilseed Review: Canola weakens with speculative selling

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 15 (CNS Canada) – ICE Futures canola contracts were weaker on Friday, finishing right above major chart support as speculators added to their net short positions. The nearby March contract settled at C$475.80, which was right above major support around C$475.00 per tonne. Large supplies and […] Read more

Weather strikes again at Manitoba livestock auctions

Values for mid-weight cattle are ‘hanging by a thread’

Bad weather continued to adversely affect some of Manitoba’s cattle auctions during the early part of the week ended Feb. 8. Strong winds whipped up snow and drove down temperatures, with wind chills sinking into the -40 C range. “I’m just looking forward to spring,” quipped Allan Munroe of Killarney Auction Mart. Regularly scheduled for […] Read more



Canola futures continue to drop at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, nearing major chart support in the process. Speculative selling was a feature, as fund traders added to short positions and end users were content to buy on a scale-down basis. The front-month March […] Read more

ICE canola futures start Friday on downside

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures canola contracts were slightly weaker so far Friday morning with bearish technical signals weighing on prices. Soyoil futures on the Chicago Board of Trade were posting small losses, putting pressure on canola. However, soybeans were up providing some support for […] Read more


North American Grain/Oilseed Review: Canola weakens with soybeans

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 14 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, as losses in Chicago Board of Trade soybeans spilled over to weigh on values. Poor export demand and bearish technical signals contributed to the declines in canola, with the nearby March contract settling below […] Read more

Red spring wheat loses ground on Prairies

Minneapolis, Kansas City and Chicago March wheat futures were down on the week

Wheat bids in Western Canada were largely down for the week ended Feb. 8 as losses in U.S. futures countered the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by about $2, according to price quotes from a cross-section of delivery points […] Read more