By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The ICE Futures canola market was bouncing around both sides of unchanged Wednesday morning in choppy activity after hitting fresh contract highs overnight. The most active front months were lower in early activity, while the new crop contracts held onto gains as the spreads saw some […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola prices hit new contract highs on Tuesday, due to spillover from sharp gains in the United States markets. The U.S. Department of Agriculture’s latest supply and demand report cut ending stocks for soybeans, corn and wheat, which had a bullish effect […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly on the rise at midday Tuesday, with the front months hitting new contract highs. A Winnipeg-based trader said there was heavy trade in options this morning ahead of a number reports today from the United States Department of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG–The ICE Futures canola market was mixed Tuesday morning, with gains in the nearby contracts and losses in the more deferred positions. The United States Department of Agriculture releases its monthly supply/demand report at 11 CST, and positioning ahead of the data kept some caution in the market in early activity. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, reaching new highs as traders moved out of Chicago soybeans and soyoil to buy into the canola spreads. Despite the sharp increases in canola prices over the last few months, a trader said the oilseed remains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly higher at midday Monday, despite sharp declines in Chicago soyoil. “Traders are selling soybeans and soyoil and buying canola spreads,” said a Winnipeg-based trader, noting that “canola was ridiculously cheap.” Despite the sharp increases in canola futures over […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG–The ICE Futures canola market was mixed Monday morning, retreating from overnight gains as profit-taking and farmer selling came forward at the highs. Overnight gains in Chicago Board of Trade soybeans had provided some spillover support and canola managed to set fresh contract highs. However, soybeans turned lower and canola backed […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, setting fresh contract highs for the fifth-straight session as bullish chart signals and fundamentals remained supportive. Solid demand from both exporters and domestic crushers, as they work to secure coverage in the face of a tightening […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 8 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were on the rise Friday morning, hitting new contract highs as prices benefit from gains in other edible oils. The Chicago soy complex was stronger, with additional support from higher European rapeseed. Meanwhile, Malaysian palm oil was slightly lower. A […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – The ICE Futures canola market recovered from early profit-taking losses to hit new contract highs in the front months on Thursday. However, the more deferred positions were still lower at the close. Losses in Chicago Board of Trade soybeans put some spillover pressure on the canola […] Read more