By Marlo Glass, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – ICE Futures canola contracts were slightly weaker at midday Tuesday, amid light trading activity. Strength in the Canadian dollar weighed on further gains for canola. The dollar was just under 76 United States cents at midday, due to comparable weakness in other major currencies. Chicago soyoil […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Tuesday morning, due to gains in edible oils. Chicago soyoil was up by about a third of a United States cent. There were also gains in European rapeseed and Malaysian palm oil. The Canadian dollar was higher […] Read more

By Marlo Glass, MarketFarm WINNIPEG, Aug. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts started the week on a higher note, boosted by expectations of lower canola yields in some regions in Alberta due to wet growing conditions. Strength in comparable vegetable oils also supported canola prices. Malaysian palm oil gained strength from reports […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday. One Winnipeg-based trader said excess moisture in Alberta’s Peace and Northwest region has lowered the province’s yield estimates for canola, which has provided some support to values. Chicago soyoil was stronger at midday due to steady buying […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher on Monday morning, getting support from the soy complex at the Chicago Board of Trade. October soyoil alone was up by about three-tenths of a cent this morning. There was also support coming from European rapeseed, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The ICE Futures canola market settled with small losses on Friday, taking some direction from Chicago Board of Trade soyoil. Speculative long liquidation contributed to the declines in canola, as fund traders continued to book profits on recent gains in the market. The looming harvest also […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, taking some direction from the softer Chicago Board of Trade soy complex. Speculative long liquidation contributed to the losses in canola, as fund traders continued to book profits on recent gains in the market. The looming […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Friday due to a lack of supportive influences. Slight losses in Chicago soyoil kept pressure on canola prices. Nearby soyoil contracts were down by a tenth of a cent in early morning trade. Continued strength to the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The ICE Futures canola market settled with small gains on Thursday, although activity was thin and choppy. A sharp move higher in Chicago Board of Trade soybeans and soymeal provided some support, but soyoil was down on the day and canola lagged beans to the upside. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The ICE Futures canola market was holding near unchanged at midday Thursday, lacking any clear direction. Chicago Board of Trade soybean and soymeal futures were stronger at midday, which provided some spillover support. However, soyoil was weaker. Speculators were on the sell side, liquidating some of […] Read more