Mike Jubinville is away today. Intercontinental Exchange canola futures tacked on modest gains Wednesday morning, adding to Tuesday’s sharp increases. Support for canola came from upticks in the Chicago soy complex, while slight declines in MATIF rapeseed and Malaysian palm oil limited the upswing. Higher crude oil prices underpinned the vegetable oils. Canadian Prime Minister […] Read more
AM Market Reports
AM Market Report
AM Market Report – January 13, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures started Monday higher, but finished slightly weaker on a bearish round of USDA report releases yesterday. But canola futures are bouncing back strongly this morning…trading $8 to $12/tonne higher…led by the front month March contract. CBOT corn futures are posting 3 to […] Read more
AM Market Report – January 12, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain markets are trending higher to start the new week heading into today s USDA report barrage, one the agency s largest data releases of the year. ICE canola futures are rallying $6 to $7/tonne higher this morning. Last week ended Friday, nearby Mar canola […] Read more
Prairie Weather
Mild weather pushed across the Prairies on the weekend with northern areas of Alberta and Saskatchewan receiving rain/snow this morning. The rest of the Prairies are expected to be dry through the day. A high pressure system has pushed into the Prairies and will remain in place for most of the week. This will result […] Read more
AM Market Report – January 8, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are up again this morning for what has been an encouraging start to 2026…trading another $4 to $5/tonne higher through the overnight session. Short-covering associated with spec fund commodity position rebalancing has at least played some role supporting this oversold market, along […] Read more
AM Market Report – January 7, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading $5 to $6/tonne higher to start this morning…getting some support from the CBOT soy complex rally and a report this morning that Prime Minister Mark Carney will visit China next week on a diplomatic repair mission (see story below). Chicago […] Read more
AM Market Report – January 6, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are charging $8/tonne higher to start this morning, adding to Monday s $5 to $6/tonne gains on the front month old crop contracts. Short-covering and bargain hunting coming out of the holiday season lows has given the canola market rebound lift. Chicago […] Read more
AM Market Report – January 5, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Happy New Year from MarketsFarm… Corrective, short-covering bounces in grain markets are being featured this morning after recent selling pressure. Grain and oilseed markets ended 2025 on a downbeat note as traders see generally favorable weather conditions in South America. ICE canola futures are trading […] Read more
Prairie Weather
There are a couple of small weather systems that are bringing precipitation to northeastern Alberta and south-central Saskatchewan this morning. A small disturbance will track through the eastern Prairies today bringing light snowfall to the region. Northern areas are expected to receive precipitation over the next five days. The remainder of the Prairies will be mostly […] Read more
AM Market Report – December 24, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Look for quieter trading action in the grain futures today, as many traders will be hitting the exit doors early to get a jump on the Christmas holiday. This is your final issue of our MarketsFarm AM Market Report for 2025. We will be taking […] Read more
