By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The ICE Futures canola market was mixed on Thursday, with new contract highs in the front months for the third-straight session and a softer tone in the more deferred positions. Aggressive commercial demand in the cash market was behind some of the strength in the nearby […] Read more
ICE canola hits new highs in front months
ICE canola futures: Prices mixed Thursday morning
By Marlo Glass, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed in early morning trade, amid choppy trading activity. Losses in comparable vegetable oils kept pressure on canola values. Nearby Chicago soyoil contracts were down by about a tenth of a cent, taking back some of the considerable gains […] Read more
North American Grain/Oilseed Review: Canola still pointed higher
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, hitting fresh contract highs as a rally in Chicago Board of Trade soyoil provided spillover support. Speculators adding to long positions were behind some of the buying interest, with end users also showing good demand. While canola […] Read more
ICE canola rallies with soyoil
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The ICE Futures canola market was at new contract highs for the second session in a row at midday Wednesday, as a rally in the Chicago Board of Trade soy complex provided spillover support. Speculators adding to their large long positions accounted for much of the […] Read more
ICE canola futures: Prices stronger Wednesday morning
By Marlo Glass, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were broadly higher on Wednesday morning, hitting seven-year contract highs. Gains in comparable vegetable oils were supportive of canola values. Nearby Chicago soyoil contracts were up by about three quarters of a cent, and Malaysian palm oil and European rapeseed […] Read more
North American Grain/Oilseed Review: Oilseeds hit multi-year highs
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was mostly higher Tuesday, hitting fresh multi-year highs in the front months as solid end user demand and bullish technical signals provided support. Chicago Board of Trade soybeans and soyoil also hit multi-year highs, providing spillover support for canola. With canola […] Read more
ICE canola hitting fresh contract highs
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, hitting fresh contract highs as solid end user demand and bullish technical signals provided support. Chicago Board of Trade soybeans were trading at their strongest levels in more than four years at midday, providing additional spillover […] Read more
ICE canola futures: Prices stronger Tuesday morning
By Marlo Glass, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday morning. Gains in Chicago soyoil contracts propped up canola values in early morning trade, along with a stronger tone for Malaysian palm oil and European rapeseed. Nearby Chicago soyoil contracts were up by about a quarter […] Read more
North American Grain/Oilseed Review: Canola weakens with profit-taking
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was mixed on Monday, with losses in the most active front months and gains in some of the more deferred positions. Speculative selling was a feature, as investors booked profits on the recent gains. A firmer tone in the Canadian dollar […] Read more
ICE canola weakens with profit-taking
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Monday, as the market continued to consolidate just below the highs hit last week. Speculative selling was a feature, as investors booked profits on the recent gains. A firmer tone in the Canadian dollar and […] Read more