ICE Canola Midday: Prices pushing downward

Turning lower despite ample spillover support

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were moving lower at midday Tuesday, despite ample spillover from comparable oils. The Chicago soy complex was on the upswing and there were more moderate increases in the off session of Malaysian palm oil, as well as European rapeseed.

ICE canola drops with veg oils

WINNIPEG – The ICE Futures canola market was lower on Tuesday morning mainly due to a drop in veg oil prices. Cooler temperatures were expected for much of the southern half of the Prairies over the next few days, but they are expected to increase later in the week. Meanwhile, rain and thunderstorms are forecast


North American Grain and Oilseed Review: Canola spikes to start the week

Good gains all around at CBOT

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed stronger on Monday, due to good upticks in the Chicago soy complex and European rapeseed. The off session of Malaysian palm oil was relatively steady, which provided little direction to canola. There were small losses in global crude oil prices,

ICE Canola Midday: Prices swinging higher

Gains despite weaker soyoil, crude oil

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were on the rise at midday Monday, despite pressure from declines in key comparable oils. Global crude oil prices were backtracking, which weighed on vegetable oils. In turn that was generating losses in Chicago soyoil and in the off


ICE canola mixed to start week

WINNIPEG – The ICE Futures canola market was mixed Monday morning, aided by declines in crude oil prices and rising veg oils. Heat warnings were lifted today in southern Alberta as temperatures across the Prairie provinces will decline as the week progresses. A system from southern Alberta will bring precipitation across the region on Tuesday

North American Grain and Oilseed Review: Canola’s forward contracts make small gains

U.S. soybeans, wheat make corrections

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Friday, with increases in the front months and losses in the deferred positions. Support came from strong upticks in Chicago soyoil and more moderate gains in the off session of Malaysian palm oil. Losses in Chicago soybeans and


Yearling prices continue to rise

Yearling prices continue to rise

Manitoba cattle are westbound, eastbound and southbound

After a rare week off for all eight Manitoba cattle auction sites, three returned with sales during the week ended Aug. 11. Heartland Livestock Services’ sites at Brandon and Virden conducted sales on Aug. 9 and 10, respectively, while Grunthal Livestock Auction Mart also held a sale Aug. 9. In total, 583 cattle went through the rings.



ICE Canola Midday: Nearby contracts inch upward

Veg oils mixed, crude slightly higher

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mixed at midday Friday, with gains in the front months and losses in the deferred positions. There were declines in Chicago soybeans and soymeal, as well as European rapeseed. Meanwhile, upticks in Chicago soyoil and the off session

ICE canola weaker, but off overnight lows

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, but well off its overnight lows as a recovery in Chicago soyoil provided some support. The November contract traded below C$800 per tonne for the second session in a row in overnight trade, taking some direction from