North American Grain and Oilseed Review: Choppy trading generates lower prices

CBOT soybeans down, corn up, wheat mixed

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, in choppy trading. A trader commented there were a variety of factors that influenced the market today, including uncertainty over canola yields on the Prairies, uncertainty regarding crops in the United States, severe dryness in Brazil, […] Read more

ICE Canola Midday: Prices lower in choppy trading

Trader says there are a variety of factors

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower at midday Monday, but regained some ground from larger losses earlier in the session. “There’s a variety of stuff going on causing the markets to be pretty choppy,” a Winnipeg-based trader commented. That included uncertainty about Prairie canola […] Read more


ICE canola turns lower Monday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The ICE Futures canola market was mostly weaker Monday morning, retreating from overnight gains as a downturn in the Chicago Board of Trade soy complex spilled over to weigh on values. Seasonal harvest pressure added to the softer tone in canola, as speculators continued to take […] Read more

North American Grain/Oilseed Review

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, after four conservatives days of losses. Canola found support from a stronger tone in comparable vegetable oils. Nearby Chicago soyoil contracts were up by about half of a cent after week of considerable losses. The loonie […] Read more


ICE Canola Midday: Prices show strength midday Friday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, after considerable losses throughout the week. Strength in comparable vegetable oils propped up prices, with nearby contracts posting half-cent gains at midday. European rapeseed was also stronger, while Malaysian palm oil showed losses. Harvest activity across the […] Read more

ICE Canada Morning Comment: Canola gains some traction

Support from soyoil, rapeseed

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 25 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly higher on Friday morning, after a week of losses. Support was coming from increases in Chicago soyoil and European rapeseed. However, those gains were tempered by losses in Malaysian palm oil. The Canadian dollar was relatively steady at […] Read more


ICE Canola Midday: Prices weaker midday Thursday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – ICE Futures canola contracts were sharply lower at midday Thursday, walking back previous gains made last week. Weakness in comparable vegetable oils spurred losses for canola, as nearby soyoil contracts were down by about half of penny in early morning trade after losing about two cents […] Read more

ICE Canada Morning Comment: Weak edible oils continue to drag down canola

Good weather provides harvest pressure

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Thursday morning, due to weakness in edible oils, particularly Chicago soyoil. Good weather across the Prairies has spurred on the harvest, adding pressure to the market. Saskatchewan Agriculture is scheduled to release its weekly crop report this […] Read more


North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, Sept. 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Wednesday, carrying on trends from earlier in the week. Harvest activity is said to be behind some of the pressure on canola prices. In Manitoba, about 78 per cent of the canola crop is harvested. Canola was […] Read more

ICE Canola Midday: Prices lower midday Wednesday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, continuing pricing trends from earlier in the week. Weakness in comparable vegetable oils spurred losses for canola, as nearby soyoil contracts were down by nearly a penny in early morning trade, after losing about two thirds of […] Read more