ICE canola falling lower at midday Tuesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 6 – (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, as activity resumed following the Labour Day long weekend. Sharp losses in outside markets, including Chicago soyoil and European rapeseed, contributed to the selling in canola. Seasonal harvest pressure was another bearish influence, with weather

ICE Canada Morning Comment: Canola falling back

Weakness in soy complex, rapeseed

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, as trading resumed following the Labour Day long weekend. Declines in Chicago soy complex and European rapeseed weighed on canola values. While there are small gains in the off session of Malaysian palm oil, there were


North American Grain and Oilseed Review: Canola rises ahead of long weekend

CBOT sees a lot of positive movement

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) closed higher on Thursday, although they dipped lower prior to the end of the session. Support for the Canadian oilseed came from sharp upticks in the Chicago soy complex plus increases in European rapeseed. Modest losses in Malaysian palm

ICE Canola Midday: Prices turnaround, climbing higher

Spillover from increases in comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were moderately on the rise at midday Friday. Spillover was coming from a turnaround in Chicago soybeans and soyoil, with good gains being made, but soymeal was slightly lower. Strong upticks in European rapeseed provided additional support, while losses


ICE canola approaches long weekend with mixed tone

WINNIPEG – The ICE Futures canola market was mixed on Friday as crude oil jumped and veg oils were also mixed. No precipitation was forecast for the Prairies during the Labour Day weekend as sweltering temperatures continue for Alberta and Saskatchewan over the next few days. In Manitoba, temperatures will come down into the mid-20

Prices strong going into fall months

Prices strong going into fall months

Manitoba markets resume full speed in the next couple of weeks

The week ended Aug. 25 marked the beginning of the unofficial end of summer for cattle auction sites in Manitoba. Grunthal Livestock Auction Mart, as well as the two Heartland Livestock Services facilities at Brandon and Virden, hosted regular sales during the week, with 753 cattle moving through the rings. On Aug. 30, Gladstone Auction Mart



North American Grain and Oilseed Review: Sell-off pulls down canola further

Sharp downturn across CBOT

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were weaker on Thursday, as the sell-off in the market continued. Pressure on the Canadian oilseed also came from sharp losses in Chicago soybeans and soyoil, as well as European rapeseed. More modest losses in Malaysian palm oil added


ICE Canola Midday: Sell-off continues, weakening prices

More pressure from lower veg, crude oils

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) continued to fall back sharply at midday Thursday. An analyst commented the sell-off that began yesterday is carrying on today. Additional pressure on canola was coming from sharp declines in the Chicago soy complex, although soymeal was a little

ICE canola starts September in the red

WINNIPEG – The ICE Futures canola market was lower to begin the month of September, mostly due to further declines in crude oil prices and weather pressures. Alberta will see a brief reprieve from hot temperatures today, staying below 30 degrees Celsius. However, the rest of the Prairies will be under sweltering heat and temperatures