Markets

By Glen Hallick, MarketsFarm WINNIPEG, July 6 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were dramatically weaker at midday Tuesday, with contracts plummeting to their daily limit. A Winnipeg-based trader said there was some rain across the Prairies yesterday that brought some much needed moisture. “Was it broad enough showers to stabilize yields?”

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 6 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s losses as activity resumed in the Chicago Board of Trade soy complex. Soybeans and soyoil were down sharply following the Independence Day long weekend, as forecasts calling for relatively favourable Midwestern weather

By Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Monday, finishing a little short of their daily limit. A trader stated today’s declines had more to do with an opportunity for profit-taking, as the United States markets are closed. Those markets will resume trading Tuesday morning at

By Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – Profit-taking was behind sharp declines in canola futures on the Intercontinental Exchange (ICE) at midday Monday, according to a Winnipeg-based trader. He suggested it could be someone who’s trying to depress the market or it could be commercial movement. While the weather wasn’t a major driving