Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 4 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, seeing a correction after posting sharp losses earlier in the week. Gains in outside markets including European rapeseed and the Chicago soy complex provided some spillover support, although Malaysian palm oil was holding steady on the

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

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,

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

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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, taking some direction from the Chicago Board of Trade soy complex as activity resumed after the August long weekend. The Chicago soy complex fell sharply on Monday when Canadian markets were closed and remained pointed lower on

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

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

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