Futures markets

WINNIPEG – The ICE Futures canola market had another strong start to the day on Thursday, with spillover from crude and veg oils, along with support from rising temperatures in the Prairies. Most of Alberta and parts of Saskatchewan were issued heat warnings on Thursday morning with temperatures expected to exceed 30 degrees Celsius. The

By Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) saw more gains on Wednesday, getting support from increases in comparable oils. Good upticks in global crude oil prices spilled over into vegetable oils. That spurred sharp upswings in the Chicago soy complex and European rapeseed, along with much

By Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were adding more increases at midday Wednesday on top of yesterday’s upticks. Although canola and other commodities have been pushing lower for the last number of weeks, an analyst noted there will always be time in which price will

WINNIPEG – The ICE Futures canola market was slightly higher on Wednesday, receiving some spillover from rising veg oil prices. Some areas in the Prairies are expected to hit temperatures exceeding 30 degrees Celsius in the coming days, which could stress canola crops. Crude oil was a pinch higher, as tightening supply and recession fears

By Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) closed stronger on Tuesday benefitting from gains in other vegetable oils. There were good upticks in the Chicago soy complex and in European rapeseed. Small declines in the off session of Malaysian palm oil attempted to temper further increases

By Glen Hallick, MarketsFarm WINNIPEG, July 26 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were pushing higher at midday Tuesday, gleaning support from stronger comparable oils. The Chicago soy complex was on the rise following the latest crop progress report from the United States Department of Agriculture that lowered crop ratings for soybeans.

WINNIPEG – The ICE Futures canola market is trading higher on Tuesday, with support from higher crude oil and veg oil prices. Meanwhile, the Prairies are expected to see temperatures reach the low 30 degrees Celsius in a few days, which could put heat stress on canola crops. However, rains will accompany the heat. Crude

By Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) closed lower on Monday as the Prairies benefit from good summer weather. As daytime temperatures climb during the week from the low 20 degrees Celsius to the low 30’s, rain will also make its way across the region. Good

WINNIPEG – SOYBEAN futures at the Chicago Board of Trade (CBOT) were stronger on Monday, due to the prospect of steady crop conditions. The United States Department of Agriculture (USDA) is scheduled to release its weekly crop progress report later this afternoon. Soybean conditions are projected to edge up one point due to rain over