ICE canola futures mixed to start day

WINNIPEG – The ICE Futures canola market had a mixed tone on Thursday morning with a variety of factors pulling prices in opposite directions. Parts of the Prairies were expected to see sunny skies and temperatures in the high-20 and low-30 degrees Celsius for most of the day, only to give way to thunderstorms in

North American Grain/Oilseed Review: Canola down with follow-through selling

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, seeing some follow-through selling pressure after Tuesday’s declines. Losses in outside markets, including Chicago soyoil and European rapeseed, contributed to the weaker tone in canola with relatively favourable North American crop weather also weighing on values. However,


ICE canola continues lower at midday Wednesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 3 – (MarketsFarm) – ICE Futures canola contracts remained pointed lower at midday Wednesday, seeing a continuation of Tuesday’s selloff. Losses in Chicago Board of Trade soybeans and soyoil accounted for some spillover selling pressure in the Canadian oilseed, although a broker pointed out that canola was outpacing the

ICE canola lower despite rising veg oils

WINNIPEG – The ICE Futures canola market continued its downward slide on Wednesday, although not at the same level as the day before when United States House Speaker Nancy Pelosi visited Taiwan to China’s dismay. While extreme weather hit parts of Alberta and Manitoba on Tuesday, most of the Prairies were expected to see high



ICE canola sharply lower at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 2 – (MarketsFarm) – ICE Futures canola contracts were sharply lower at midday Tuesday as activity resumed following the August long weekend. Canadian markets were closed Monday while United States grain markets traded their usual hours. The soy complex fell sharply Monday and remained pointed lower on Tuesday, with


ICE canola plunges after long weekend

WINNIPEG – The ICE Futures canola market took a plunge Tuesday morning, following suit with Monday’s negative movement in the Chicago soy complex and other veg oils when Canadian markets was closed. Coming out of the August long weekend, canola prices lost approximately $45 per tonne. Despite above-average temperatures in Alberta, decent weather conditions in

North American Grain and Oilseed Review: Canola continues to surge with soy complex

U.S. soybeans, wheat go in opposite directions

By Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) pushed higher on Friday, due to spillover from sharp upticks in Chicago soybeans and soymeal. Hot and dry conditions in the United States continued to drive up soy values. Temperatures have been pushing above 30 degrees Celsius in Alberta


Few cattle come to auction, but in good shape

Few cattle come to auction, but in good shape

Feed grain prices have declined over the last month

Midsummer is a particularly slow time for Manitoba’s cattle auctions and the week ended July 21 was no exception. Of the province’s eight auction sites only one, Grunthal Livestock Auction Mart, had a sale. The auctions in Ashern, Gladstone, Killarney and Ste. Rose du Lac are closed for the summer.  Heartland Livestock Services remained on

ICE Canola Midday: Oilseed climbs higher with soy complex

Hot, dry weather driving up prices

By Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) pushed higher at midday Thursday due to spillover from sharp gains in the Chicago soy complex. An analyst said regardless of anything else going on in the canola market, the strength from the soy complex would still push the