Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Monday, as good weather dominates the Canadian Prairies. Rain has been forecast for the central parts of Alberta and Saskatchewan today, with the system moving towards Manitoba. Temperatures will rise from the low 20 degrees

WINNIPEG – The ICE Futures canola market was a little bit lower to start off the week, searching for direction. The Prairies were mostly sunny over the weekend with normal temperatures, causing slight weather-related pressure onto prices. However, some areas of Alberta and Saskatchewan were in need of some substantial precipitation, but an upcoming system

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, seeing a modest correction to end the week amid ideas the recent losses were starting to look overdone. Gains in Chicago soyoil and European rapeseed futures provided spillover support, although Malaysian palm oil was weaker on the

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 22 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, finding some support to end the week after falling to six-month lows on Thursday. Gains in Chicago soyoil and European rapeseed futures provided spillover support, although Malaysian palm oil was weaker on the day. While some