ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)

ICE weekly outlook: Seasonals to weigh on canola

CNS Canada — ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on values. “Seasonally speaking, we’re in the neighborhood where canola makes the turn down,” said Mike Jubinville of ProFarmer Canada, noting canola typically sees some softness




Editorial: End of an era

[UPDATED: May 17, 2018] This week a chapter in the agriculture history of Manitoba quietly closed. Winnipeg has loudly proclaimed itself the heart of Canada’s grain trade since the early days of commercial agriculture on the Prairies. Nothing represented that more than the trading of grain-based derivatives, an important economic activity in the downtown core





(Dave Bedard photo)

ICE to move canola trade to U.S. exchange

The business of trading and clearing canola futures is poised to leave Winnipeg for New York City this summer. Atlanta-based Intercontinental Exchange (ICE), the operator of canola exchange ICE Futures Canada, announced Tuesday it will be “transitioning” the trading and clearing of canola contracts to New York-based ICE Futures U.S. and ICE Clear U.S. ICE



(Dave Bedard photo)

ICE weekly outlook: Canola awaits acreage report

CNS Canada — This week’s acreage estimates from Statistics Canada could bring an end to canola’s recent chart surge upward — or could give futures the impetus to move even higher. The dominant July contract closed Wednesday at $535 per tonne, a gain of $8 from the previous Wednesday’s close. Prairie farmers on Friday will

Canola futures see support despite bearish carry-out

Canola futures see support despite bearish carry-out

July canola slips on strength in the Canadian dollar

Canola futures took a step back during the week ended April 13, weighed down by strength in the Canadian dollar. Traders began exiting the ICE Futures Canada May contract and securing more favourable positions. While the July contract fell $11.30 on the week, to $526 a tonne, it still showed independent strength given the bearish