By Glen Hallick, MarketsFarm WINNIPEG, Dec 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly lower on Wednesday, due to profit-taking and the liquidation of the soon-to-expire January contract. With the holidays fast approaching, volatility has entered the market. With Thursday being Christmas Eve, the markets will close early at noon Central. ICE […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed at midday Wednesday, as traders are liquidating their soon to expire January contracts. A Winnipeg-based trader noted that the January contract hit a new high of C$647.30 per tonne in the overnight session, but has since pulled back […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – The ICE Futures canola market was trading at fresh contract highs once again Wednesday morning, showing no signs of slowing the uptrend ahead of the holidays. Speculators adding to their large net long positions were a feature, with tightening supplies and the need to ration demand […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday, with the nearby contracts hitting new highs for a sixth consecutive session. However, gains were at a much slower pace than on Monday. Ongoing market concerns about the demand for canola outstripping the supply has led […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were on the rise at midday Tuesday, in another round of prices reaching new highs. Despite little support from the Chicago soyoil complex, the continuing demand for canola was providing support, according to a Winnipeg-based trader. “Exports are running high […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The ICE Futures canola market remained pointed higher Tuesday morning, setting fresh contract highs for the sixth-straight session as speculators added to long positions. In addition to the bullish chart signals, tightening supplies and the need to ration demand going forward also remained supportive. Gains in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, reaching new highs due to weather concerns in South America and price rationing domestically. Weekend rain in Brazil and Argentina is believed to have alleviated dry conditions only in Brazil for the time being. Argentina is […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher at midday Monday, having busted through the psychological barrier of C$620 per tonne earlier in the session. A Winnipeg-based trader explained that much of the ‘weather market’ upward push is due to dry conditions in South America. “The […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, hitting fresh contract highs to start the week as bullish technical signals kept speculators adding to their large net long positions. Concerns over tightening supplies and the resulting need to ration demand going forward added to the […] Read more

WINNIPEG, Dec. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts closed stronger on Friday, hitting multi-year highs following reports of high canola exports and domestic usage. Canola deliveries for the week ended Dec. 13 totalled 541,200 tonnes, which is an increase of 13.6 per cent from the previous week. Canola exports were 308,600 tonnes, […] Read more