By Marlo Glass, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, bolstered by increased spreading interest and gains in comparable vegetable oils. One Winnipeg-based trader said spreading activity had shifted to the January-March contract, with most of the trading concentrated to those months. Chicago soyoil was stronger at […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Monday morning, gleaning support from a stronger Chicago soy complex. There was additional support from higher Malaysian palm oil values, while European rapeseed was slightly higher. Chart resistance for canola was holding to the upside. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, posting the highest settlement price for the front-month contract since 2013. Bullish chart signals, gains in the Chicago soy complex, and a slightly softer tone in the Canadian dollar all contributed to the advances in canola. Solid […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, taking some direction from the Chicago Board of Trade soy complex. Bullish chart signals and a slightly softer tone in the Canadian dollar were also supportive, according to participants. Weekly export data from the Canadian Grain […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly higher on Friday morning, amid light trading activity. Weakness in Chicago soyoil kept a lid on canola prices, as nearby contracts were down by about of a cent in early morning trade. Declines in the Canadian dollar were […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, retreating from early gains as the North American agricultural markets reacted to the latest supply/demand estimates from the United States Department of Agriculture. The USDA lowered its projection for U.S. soybean ending stocks to 175 million bushels, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, seeing follow-through buying after Wednesday’s gains as investors adjust positions ahead of the United States Department of Agriculture’s monthly supply/demand report. The USDA releases updated usage and ending stocks data at 11:00 CST, and expectations for […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday morning, as markets prepare for the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). Gains in Chicago soyoil was supportive of canola prices. Nearby contracts were up by about three […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, recovering from overnight declines as gains in the Chicago Board of Trade soy complex provided spillover support. Flash fund selling sent the nearby January contract sharply lower in overnight trade, but that selling proved short-lived and the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The ICE Futures canola market was posting small gains in most months at midday Wednesday, seeing some consolidation after large overnight price swings. The most active January contract dropped by C$12 per tonne at one point in overnight trade, but was back trading near unchanged at […] Read more