By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, with gains in the most active nearby months as optimism over a COVID-19 vaccine provided support. Chicago Board of Trade soyoil climbed to some of its best levels in three years in overnight trade. European rapeseed and […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, with long-liquidation ahead of the weekend a feature. After nearing major chart resistance in early activity, the initial buying gave way to speculative profit-taking, according to participants. Recent strength in the Canadian dollar contributed to the downturn […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – The ICE Futures canola market was posting small losses in most months at midday Friday, seeing some consolidation ahead of the weekend after posting sharp gains in recent days. The January contract briefly touched a session high of C$552.60 in early trade, which was only 30 […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady on Friday morning as higher edible oil values were countered by a strong Canadian dollar. There were gains of varying degrees in Chicago soyoil, European rapeseed and Malaysian palm oil. Meanwhile, the Canadian dollar was holding firm at […] Read more

WINNIPEG, Nov. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Thursday, along with increases in vegetable oils. Nearby Chicago soyoil contracts were up by over a penny per pound on the day, spurred by high global demand for soyoil. Increases in Malaysian palm oil and European rapeseed were also supportive. Advances […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, along with world vegetable oil prices. Nearby soyoil contracts were up by over a penny in early morning trade, with gains in Malaysian palm oil also a supportive factor. One Winnipeg-based trader cited an uptick in farmer […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday morning getting spillover support from a stronger Chicago soy complex. There was additional support from increases in European rapeseed and Malaysian palm oil. A higher Canadian dollar was tempering further gains in canola. The loonie was […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Wednesday, recovering from losses earlier in the week. Advances in comparable vegetable oils were supportive of canola, as nearby Chicago soyoil contracts were up by over half of a cent on the day. Reports of record-setting soybean […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday. One Winnipeg-based trader cited the unseasonably warm weather in the Canadian Prairies as taking producers’ focus away from selling canola, providing some support to canola prices. Advances in comparable vegetable oils also gave canola prices a boost, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday morning, as the Canadian dollar slipped below 76 United States cents. The loonie was at 75.85 U.S. cents, compared to Tuesday’s close of 76.07. There was support from gains in European rapeseed and Malaysian palm oil, […] Read more