By Marlo Glass, MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – ICE Futures canola contracts were slightly higher at midday Wednesday. Activity in the November – January spread was a feature in trading, as speculative buyers positioned ahead of the November contract’s expiry. Strength in comparable vegetable oils propped up prices, with nearby contracts posting quarter-cent gains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Wednesday morning, due to increases in Chicago soyoil. A strike by oilseed plant workers in Argentina has pushed up soyoil prices. There was little direction coming from other edible oils, as Malaysian palm was steady and European […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, seeing some adjustment relative to the Chicago Board of Trade soy complex. Soybeans and soyoil both posted sharp losses on Monday, when Canadian markets were closed for Thanksgiving. While soybeans corrected higher on Tuesday, the soy market […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 13 (CNS Canada) – ICE Futures canola contracts were posting large losses at midday Tuesday, as the Canadian oilseed adjusted itself relative to the Chicago Board of Trade soy complex. While soybeans and soyoil were both posting gains on Tuesday, the U.S. futures had posted sharp […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Tuesday morning, as the Canadian dollar remained above 76 United States cents. The loonie was firm at 76.17 U.S. cents, compared to Friday’s close of 76.13. There was support from Chicago soyoil, European rapeseed and Malaysian palm […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, with fund buying a feature as bullish technical signals had speculators adding to their large net long positions. A rally in the Chicago Board of Trade soy complex provided the catalyst for the gains in canola, as […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – The ICE Futures canola market was posting solid gains at midday Friday, taking some direction from the Chicago Board of Trade soy complex as traders adjusted positions ahead of the latest supply/demand estimates from the United States Department of Agriculture. Chicago Board of Trade soyoil was […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday morning. Nearby Chicago soyoil contracts were up by over half of a cent in early morning trade, contributing to the higher tone for canola. Strength in the Canadian dollar capped further gains for canola, as it […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 8 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, with speculative profit-taking and fund long-liquidation a feature. A firmer tone in the Canadian dollar, which was up by about a third of a cent relative to its United States counterpart, also weighed on values. Early gains […] Read more

WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market was posting small losses in the most active months at midday Thursday, with chart-based positioning a feature as values consolidate under nearby resistance. “There’s a little bit of profit-taking and long liquidation in the November (contract) today,” said a Winnipeg-based trader. He added that a […] Read more