By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, seeing a modest correction after hitting fresh contract highs earlier in the week. Canola was said to be looking overbought from a chart standpoint, accounting for some of the profit-taking on Thursday. Losses in the Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday morning due to sharp declines in the Chicago soy complex. European rapeseed was lower as well, while there were small gains in Malaysian palm oil. Concerns in the market about tightening canola supplies have continued to […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The ICE Futures canola market settled at fresh contract highs on Wednesday, with the largest advances in the old crop contracts amid concerns over tightening supplies. The most active March contract settled above the psychological C$650 per tonne level, which was supportive from a chart standpoint. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, hitting fresh contract highs once again as speculators continued to add to their large net long positions. The most active March contract was trading well above the former resistance level of C$650 per tonne, which should […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday, mirroring gains in the Chicago soy complex. The Chicago soy complex has shown considerable strength in recent days due to dry South American growing conditions. Nearby soyoil contracts were up by about three quarters of a […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, with new highs in the old crop contracts as a rally in the Chicago Board of Trade soy complex provided direction. The most active March contract briefly traded above the psychological C$650 per tonne level, but ran […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – The ICE Futures canola market was up sharply at midday Tuesday, hitting fresh contract high as the futures tracked gains in the Chicago Board of Trade soy complex. The March contract was trading just below the psychological C$650 per tonne level at midday, as speculators were […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday morning, gaining ground after ending the day on a mixed tone yesterday. Gains in the Chicago soy complex provided spillover strength to canola. Nearby soyoil contracts were up by about a penny in early morning activity. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 4 (MarketsFarm) – The ICE Futures canola market was mixed on Monday, with losses in the front months and gains in the more deferred positions. Canola hit fresh contract highs in overnight activity, trading as high as C$646.70 per tonne in the most active March contract. Gains in Chicago […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 4 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Monday, but was well off its overnight highs as profit-taking came forward to weigh on values. Canola hit fresh contract highs in overnight activity, trading as high as C$646.70 per tonne in the most […] Read more