By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market settled narrowly mixed on Wednesday, with the most active November contract unchanged at the final bell. While gains in Chicago Board of Trade soybeans and other outside markets remained supportive, soyoil drifted lower and canola appeared to run into chart resistance. […] Read more
North American Grain/Oilseed Review: Canola ends narrowly mixed
ICE canola strengthens at midday
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Wednesday, taking some direction from the Chicago Board of Trade soy complex. A slowdown in farmer selling, with harvest operations wrapping up across the Prairies, added to the firmer tone, according to a broker. […] Read more
ICE canola futures: Prices higher Wednesday morning
By Marlo Glass, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Wednesday morning, gleaning spillover support from comparable vegetable oils. Nearby Chicago soyoil contracts were up by over a quarter of a cent in early morning trade, contributing to the higher tone for canola. Malaysian palm oil was […] Read more
North American Grain/Oilseed Review: Canola hits two-week highs
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, hitting its highest levels in two weeks as gains in outside vegetable oil markets provided support. Malaysian palm oil and Chicago Board of Trade soyoil futures both posted solid advances. CBOT soybeans hit fresh contract highs on […] Read more
ICE canola rallies with outside markets
By Phil Franz-Warkentin, MarketsFarm WINNIPEG (MarketsFarm) – The ICE Futures canola market was up sharply at midday Tuesday, as gains in outside vegetable oil markets provided spillover support. Malaysian palm oil futures posted sharp gains overnight, while Chicago Board of Trade soyoil was also up at midday. Good export demand for United States soybeans also […] Read more
ICE canola futures: Prices higher Tuesday morning
By Marlo Glass, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday morning, gleaning spillover support from comparable vegetable oils. Nearby Chicago soyoil contracts were up by over a third of a cent in early morning trade, contributing to the higher tone for canola. Malaysian palm oil and […] Read more
North American Grain/Oilseed Review: Canola rises with soy and crude oil
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, as a rally in Chicago Board of Trade soyoil and outside energy markets provided support. Crude oil was up sharply on Monday amid news that United States President Donald Trump’s condition was improving after being hospitalized due […] Read more
ICE canola firm with soyoil at midday
WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, as a rally in Chicago Board of Trade soyoil provided some spillover support. A slowdown in seasonal off-the-combine farmer selling added to the relative strength in canola, as the canola harvest nears completion across most of the Prairies. From a […] Read more
ICE canola futures: Prices higher Monday morning
By Marlo Glass, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Monday morning, in light trading activity. Nearby Chicago soyoil contracts were up by about a third of a cent in early morning trade, contributing to the higher tone for canola. Malaysian palm oil and European rapeseed were […] Read more
North American Grain and Oilseed Review: Canola slips, following soyoil
Most CBOT prices down
By Glen Hallick, MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to lower on Friday, in choppy trading. News that the United States President and First Lady were diagnosed with COVID-19 initially rocked the markets, but steadiness worked its way back by session’s end. One exception being a steep […] Read more