By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were turning higher at midday on Monday, as tight old crop supplies and dryness on the Prairies were supportive. Earlier profit-taking saw losses in a number of active months. There is a very strong likelihood of more canola acres going into […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, with gains in the front months and losses in the new crop contracts. Early gains in the Chicago Board of Trade soy complex provided some spillover support for canola. However, Malaysian palm oil and European rapeseed futures […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The ICE Futures canola market was lower in the most active contracts at Friday’s close, seeing a modest correction to end the week after posting contract highs in recent sessions. The underlying fundamentals of tight old crop supplies and solid end-user demand remained supportive, but canola […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, seeing a profit-taking correction ahead of the weekend after setting fresh contract highs in recent sessions. The underlying fundamentals of tight old crop supplies and solid end-user demand remained supportive, but canola was thought to be […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, as the market corrected after several days of gains. Part of that included traders who have been looking to roll out of their May contracts before they expire. There were losses in Chicago soybeans and soymeal, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, hitting fresh contract highs as tightening old crop supplies and a rally in the Chicago Board of Trade soy complex provided support. End users scrambling to secure coverage of dwindling old crop stocks accounted for some of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, hitting fresh contract highs once again. Tightening supplies remained the key driver in the market, with a rally in Chicago Board of Trade soybeans and soyoil also supportive. “Crushers are trying to buy more old crop […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Thursday morning, in what has become a “demand-pull market.” There was pressure on the immediate May contract as traders looked to roll out before it expires. Tight canola supplies in Canada continued to underpin old crop values, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as the ongoing rally showed no signs of slowing down. Tight old crop supplies, uncertainty over new crop weather, and a rally in Chicago Board of Trade soyoil all contributed to the firmer tone in canola. The […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 21 (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, but well off its earlier highs as gains in the Canadian dollar tempered the advances. Tight old crop supplies, uncertainty over new crop weather, and a rally in Chicago Board of Trade soyoil all contributed to […] Read more