Canola mixed on effects of several issues

Winnipeg – ICE Futures canola contracts settled mixed on Tuesday, with gains in the most active contracts as early selling pressure subsided by the close. Losses in the Chicago Board of Trade soy complex accounted some spillover selling pressure throughout the day in canola, with the Canadian dollar holding steady after its recent rally. A […] Read more

Canola makes gains, despite CDN dollar

Canola remains under pressure, despite support from a slightly more optimistic soybean market in the United States. On Chicago beans were up 2.75 cents, getting to more than US$9.24 per bushel. Canola for January was up C$3 per tonne, to $481.40 on ICE as the day wound to a trading close. A Canadian dollar that […] Read more

Canola down on an up-markets day

The Canadian dollar continued higher today, further softening canola trades, with that crop being down between $3.70 and $3.30 per tonne on the day. It finished for January at $478.40 today on ICE. Elevator prices for cash canola ranged from $458 to $462. Wheat fared better, up slightly for hard red spring, finding prices of […] Read more


CBOT soybeans waiting on China news

Winnipeg – Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the United States government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying the rumour at this point,” […] Read more

Stronger dollar, soy puts opposing pressures on canola

The ICE Futures canola contacts closed narrowly mixed, after having spent the trading session finding support from a strengthening soy complex and pressure from a stronger Canadian dollar. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all stronger at market close. Traders shifted their attention throughout the day from United States’ equity […] Read more


Markets improve modestly for the beginning of 2019

Soy prices spent most of the first trading day of the year stronger, until the market seemed to realize that there were no USDA reports to back anything up, and then it seemed to struggle to put a pin in the day. The American shutdown of government has shuttered most of the USDA services that […] Read more

Markets start 2019 higher

Soy prices spent most of the first trading day for 2019 much stronger, until it seemed the market realized that there were no USDA reports to back anything up, and then it seemed to struggle to put a pin in the day. The American shutdown of government has shuttered most of the USDA services that […] Read more

Strong soy boost canola contracts

The ICE Futures canola contacts rallied throughout the day Wednesday to close stronger, following the lead of the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts finished the day stronger. The soybean market has been rallying as of late on expectations of Chinese soybean purchases, only to lose ground near market […] Read more


Brazil soy seen threatened in early 2019 by below-average rains

SAO PAULO – The first days of 2019 will be marked by below-normal rainfall in Brazil’s main soybean producing areas, with farmers bracing for losses as December’s dry conditions and high temperatures continue to ruin fields. According to Refinitiv Eikon’s Agriculture Weather Dashboard data, rains will be below the historical average through Jan. 10 in […] Read more

Alberta feed grains firm heading into New Year

The seasonality of the feed grain sector is contributing to a firmer tone in Alberta barley and feed wheat bids heading into the New Year. “We’ve seen bids in our office on feed barley jump up a decent amount,” said Nelson Neumann, a grain trader with Agfinity in Alberta. He linked the strength to a […] Read more