Futures markets

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

WINNIPEG – The ICE Futures canola market was slightly lower for the most part Friday morning, continuing a downturn that has lasted over the past four days. Weather-related pressure was a feature as normal temperatures along with some rain are forecast for parts of the Prairies over the weekend. Crude oil prices were on either

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, as bearish technical signals, losses in outside markets and relatively favourable crop weather all weighed on values. Recent rains were generally seen as beneficial for crop development, although hail damage and excessive moisture in some areas were

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 21 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Thursday, slipping lower for the third straight session as relatively favourable Prairie crop conditions and losses in outside markets weighed on values. Recent rains were generally seen as beneficial for crop development, although hail damage and excessive

WINNIPEG – The ICE Futures canola market remained in a downturn Thursday morning, as it had been over the past three days. A lack of inclement weather forecast for the Prairies on Thursday was putting pressure on canola prices. Despite the possibility of thunderstorms in southern Manitoba on Friday, normal temperatures and sunny skies are

WINNIPEG – The ICE Futures canola market was weaker on Wednesday, seeing a continuation of Tuesday’s slide. Relatively favourable Prairie crop conditions weighed on values, with the lack of significant production concerns said to be keeping end users on the sidelines or only buying on a scale-down basis. Manitoba’s canola crop was rated 60 per