ICE Canada Morning Comment: Canola looking for traction

Mixed picture in comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – Intercontinental Exchange canola futures were mostly lower in choppy trading on Wednesday morning, with losses in most comparable oils. Chicago soybeans and soyoil moved to the downside, while soymeal was higher. European rapeseed gave up some ground, but Malaysian palm oil made small gains. Declines in

North American Grain/Oilseed Review: Canola recovers higher

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 3 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, recovering off nearby lows as activity resumed after Monday’s closure for the National Day for Truth and Reconciliation. While the Chicago soy complex posted small losses on Tuesday, soyoil futures were up sharply yesterday when the


ICE canola rises midday Tuesday in catch-up trade

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 3 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, playing catch-up with Chicago soyoil and soybeans which were stronger Monday when the Canadian market was closed for the National Day for Truth and Reconciliation. However, the soy complex was softer on Tuesday which tempered

ICE Canada Morning Comment: Canola pushing higher as trading resumes

Little support from comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – Intercontinental Exchange canola futures were higher on Tuesday morning, as trading attempted to catch up with yesterday’s movements. On Monday, the canola market was closed to mark the National Day for Truth and Reconciliation. In trading so far today, there was a lack of support for


Green lentils. (Savany/iStock/Getty Images)

Expert’s Radar: Competition and retribution in view

Questions on export demand await wane of harvest pressures

Harvest operations are in their final stages across Western Canada, with all of that newly harvested grain looking for a home. Seasonal trends in grain markets weigh on most crops at this time of year as the supply/demand balance is flush with new supplies, but the long-range price direction will soon refocus on demand. Exports




ICE Canada Morning Comment: Canola market closed Monday

Rain for most of the Prairies

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – Intercontinental Exchange canola futures were closed Monday to mark the National Day for Truth and Reconciliation. As daytime highs across the Prairies return to normal, most of the region is forecast to receive rain today. Parts of the eastern Prairies is to see rain for the


photo: pavelrodimov/istock/getty images

Organic grain price discovery hub launches

Platform will provide vital stats, buyer directory to a data-starved sector

The often data-starved Prairie organic sector has launched a new price-discovery and marketing tool for farmers. “Organic grain producers in Canada have few resources to help them navigate the local and international marketplace,” said Marie-Eve Levert, director of business development for the new Organic Grain Hub, in a Sept. 21 news release. “There is a