Canola bounces around in consolidative trade

  Winnipeg (CNS Canada) – The ICE Futures Canada canola market ended mixed in narrow trading on Thursday, as values pushed and pulled in technical trade after losses earlier in the week. Weakness in the Canadian dollar and advances in the U.S. soy complex lent support to the market. Cold temperatures across Western Canada are […] Read more

Canola backs away from lofty heights

WINNIPEG (CNS) – It was a busy week for canola contracts on the ICE Futures Complex as the most-active July contract rocked and rolled between C$530 to C$540 per tonne before ultimate settling at the C$528 mark on April 11. The last time the dominant canola contract was above the C$535 mark was in November […] Read more

Canola sinks with vegetable oil

Winnipeg (CNS Canada) – The ICE Futures Canada canola market drifted lower on Wednesday, dragged down by losses in vegetable oil and some technical selling. Recent strength in the Canadian dollar also weighed on values as it made canola less enticing to international buyers. The dominant July contract fell below the C$530 per tonne mark. […] Read more


Canola softens with currency issues

WINNIPEG (CNS) – The ICE Futures Canada canola market finished lower on the day, weighed down by strength in the Canadian dollar. Thoughts the market was overbought also dragged down prices. In its latest supply and demand report that was released today, the USDA forecast a record soybean crop in Brazil of 115 million tonnes. […] Read more

Canola suffers small losses in choppy day

Winnipeg (CNS Canada) – The ICE Futures Canada canola complex chopped around in a tight range for much of the day, before settling with small losses. The market initially rose with speculative trading before profit-taking came in shortly before the close. Gains in the U.S. soy complex were largely offset by strength in the Canadian […] Read more


Chinese trade dispute with U.S. could open window for CDN peas

WINNIPEG (CNS) – As trade tariffs between China and the U.S. mount, so too does the potential for other countries to swoop in and plug the gap in whatever market may need filling. While soybeans are one of the few agricultural items that have been included in the tit-for-tat trade battle by the Chinese, it […] Read more

Chinese tariffs raise tough questions for pork industry

WINNIPEG, April 6 (CNS) – Representatives from the two largest pork exporting states in the United States were in Winnipeg April 5 to take in the Manitoba Pork Council’s general meeting. The delegates, who hailed from Iowa and Minnesota, talked about the various challenges facing their industry. In 2017, over a quarter of the U.S. […] Read more

Soybeans wade through turbulent trade waters

WINNIPEG (CNS) – Soybean futures on the Chicago Board of Trade suffered sharp losses on Wednesday, April 4, after China said it would slap a 25 per cent tariff on soybean imports in retaliation for U.S. sanctions that had been placed on it. The dominant May contract plummeted 55 cents to US$9.83 a bushel, before […] Read more


Prairie spot corn prices strengthen amid logistics challenges

WINNIPEG (CNS) – Corn prices across the Prairies have broken out of their long-held range, which should put cash in producers’ pockets, but it may not be enough to significantly increase seeding plans this spring. For much of 2017 and the early portion of 2018, corn prices in Western Canada were hanging around the C$4.00 […] Read more

Canola rises in wake of USDA report

Winnipeg (CNS Canada) – The ICE Futures Canada canola complex finished higher on Thursday, pushed up by a USDA report that surprisingly lowered the amount of soybeans that are expected to be planted in the United States. The market was also chopping around a bit as traders looked for safe positions to park their money […] Read more