By Glen Hallick, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, hitting new contract highs in a bull market. A Winnipeg-based trader said support was coming from Chicago soyoil thanks to a strong weekly export sales report. The United States Department of Agriculture (USDA) reported 88,000 tonnes […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, trading just below the fresh contract highs hit on Thursday. Gains in Chicago Board of Trade soybeans and soyoil provided some spillover support. Weekly Canadian canola exports of 285,900 tonnes were down from the previous week, according […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Thursday as canola attempted to close the gap with product values. A trader said the gap was $26 this week alone and $40 over the last two weeks. The separation was increased by Tuesday’s supply and demand […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, as trading resumed after Remembrance Day in Canada with a little bit of profit-taking, according to a Winnipeg-based trader. He said the market was correcting from big gains made in soybeans and corn at the Chicago […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 12 (MarketsFarm) – The ICE Futures canola market was mixed Thursday morning, with gains in the front months and losses in the more deferred positions as activity resumed following Remembrance Day. Soyoil and soybeans at the Chicago Board of Trade hit fresh highs on Wednesday when the canola market […] Read more

WINNIPEG, Nov. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were sharply higher on Tuesday, hitting three-year highs. Canola was bolstered by strong gains in Chicago Board of Trade (CBOT) soybeans. Lowered production numbers for Chicago soybeans pulled nearby contracts higher by over 35 cents, while December soyoil contracts were up by about half […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, supported by a dip in the Canadian dollar. The loonie hit two-year highs on Monday, but has since drawn back due to strength in the United States Dollar Index. Nearby soyoil contracts were slightly lower in early […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, finding some spillover support from gains in the Chicago Board of Trade soy complex. A slightly weaker tone in the Canadian dollar to start the day, as the currency backed away from the two-year highs hit on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Monday after trading lower for most of the session. Support came from gains in the Chicago soy complex along with increases in the front months of European rapeseed. Meanwhile, Malaysian palm oil was steady to higher. A […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, most likely due to profit-taking according to a Winnipeg-based trader. He pointed out that Chicago soyoil and soymeal had been higher earlier in today’s session, but have pulled back. “It looks like some spec long liquidation […] Read more