Canola down slightly, wheat mixed

The ICE Futures canola contacts closed slightly weaker Wednesday, as contracts continued to lag on the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all stronger. The soy complex found support from positive news out of the China and United States trade talks. The talks wrapped up today after three […] Read more

Canola drops with soy

The ICE Futures canola contacts finished the day weaker, realigning itself with the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all weaker, however they weren’t down as much they were on Thursday. Despite more positive news from China, analysts are thinking the soybean market has peaked for now. The […] Read more

Canola not following soy’s strength

The ICE Futures canola platform closed mixed, failing to find strength from the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all finished the day stronger. Reuters reported during the trading session that China made its first major United States soybean purchase in more than six months today. Chinese state-owned companies […] Read more


Canola drops, wheat mixed

The ICE Futures canola platform closed weaker, retreating from yesterday’s rally. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all finished the day stronger. Soybeans found support from reports that China and the United States talked over the phone about trade. U.S. President Donald Trump also tweeted saying there had been “very productive […] Read more

Weak dollar supports canola

The ICE Futures canola platform finished the day stronger, supported by a weak Canadian dollar. Trading was choppy in the last few minutes before market close. The Canadian dollar fell below the 75 U.S. cents mark Monday, as tensions continue to rise over the arrest of Huawei Chief Financial Officer Meng Wanzhou last week. China […] Read more


Oilseeds hold breath ahead of G20

The ICE Futures canola platform finished the day mixed, as oilseed traders were cautious ahead of the G20 meeting between United States President Donald Trump and Chinese President Xi Jinping. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all were stronger at market close. Oilseed contracts were jittery throughout the day as traders […] Read more

Soy upside boots canola

The ICE Futures canola platform were stronger at market close, finding spillover support from the soybean market. Chicago Board of Trade soybean, oil and meal contracts were all higher too, with soyoil up more than half a cent per pound. Oilseed traders are still awaiting the results of the meeting between United States President Donald […] Read more

Oils rebound after Monday’s drop

The ICE Futures canola platform were stronger at market close, rebounding after Monday’s losses. Chicago Board of Trade soybean, oil and meal contracts all finished the day in green too, regaining after yesterday’s sharp declines. While canola regained some of its losses, the technical bias is still pointed lower overall. Oilseed traders are still awaiting […] Read more


Plunging soy undermines canola

 The ICE Futures canola platform finished the day weaker, dragged down by a plunge in the soy complex. Chicago Board of Trade soybean, oil and meal contracts dropped significantly during the day. Uncertainty over China and United States trade relations and forecasts for record Brazilian soy production dragged contracts down. Traders are awaiting the outcome […] Read more

Prairie fababean market spikes with global production issues

Fababean prices in Western Canada have seen a boost lately due to global production problems, however according to a buyer this is a temporary situation. “Over the last 45 days we’ve saw this market spike, we’ll call it a buck a bushel that we’ve seen that increase from where we would typically would expect this […] Read more