By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, falling in sympathy with most outside equity and commodity markets as investors reacted to news that United States President Donald Trump and his wife Melania have tested positive for COVID-19. Trump tweeted the news early Friday morning, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, giving back almost half of yesterday’s sharp increases. Significant weakness in Chicago soyoil pulled down canola prices. Losses in Malaysian palm oil also weighed on values, while gains in European rapeseed provided support. Saskatchewan Agriculture report […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower at midday Thursday, following yesterday’s spike in prices. A Winnipeg-based trader said the biggest factor was the significant decline in Chicago soyoil, which the December contract lost about two-thirds of a U.S. cent. Malaysian palm oil was lower […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – The ICE Futures canola market was posting small losses in the most active contracts Thursday morning, seeing a correction after Wednesday’s rally. Early declines in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar also weighed on values, causing crush margins to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Wednesday following large gains on the Chicago Board of Trade (CBOT). The United States Department of Agriculture (USDA) released its grain stocks and small grains reports today, with both showing significant declines in the major grains. In […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were either side of steady at midday Wednesday, due to movements in Chicago soyoil. “Soyoil was down hard yesterday and started hard down again today, and it came back. When soyoil comes back the crushers put on more crush and […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, testing nearby chart support as activity in outside markets weighed on values. Chicago Board of Trade soyoil futures were lower in early activity, with Malaysian palm oil also down overnight. Seasonal harvest pressure contributed to the losses, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Tuesday, due to weakness in Chicago soyoil and European rapeseed. Harvest progress across the Prairies also weighed on values. Rainfall across the region this week is expected to result in minor delays. Manitoba is scheduled to release […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts remained lower at midday Tuesday, being pulled down by weakness in edible oils, according to a Winnipeg-based trader. “We kind of rolled over a little bit with the oilseeds. In the [Chicago] soybean complex, beanoil is down hard and [Malaysian] […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, seeing some follow-through selling after Monday’s losses as investors continued to liquidate recently placed long positions. Early declines in Chicago Board of Trade soybeans and soyoil accounted for some spillover selling pressure in canola, with the losses […] Read more