By Marlo Glass, MarketsFarm WINNIPEG, June 22 – ICE Futures canola contracts were on either side of unchanged at midday Monday, with strength in nearby months due to end-of-month-positioning as the July contract nears its expiry date. Weakness in Chicago’s soy complex pressured canola values. Nearby soyoil contracts were higher by about a tenth of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 22 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Monday morning in thin and choppy trade. Losses in the Chicago Board of Trade soy complex and a steady tone in the Canadian dollar put some pressure on values. Chart resistance also held to the upside, with the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, with increases for the new crop year stronger than the nearby July contract. Canola benefitted from gains in Chicago soyoil, Malaysian palm oil and European rapeseed. Also, a trader suggested there could be rolling out of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 19 (MarketsFarm) – ICE Futures canola contracts were higher at midday Friday, as “veg oils were driving the bus,” commented a Winnipeg-based trader. He explained there were strong gains in Malaysian palm in the overnights and Chicago soyoil was getting a bounce from China’s announcement it would pick up […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, seeing a continuation of its recent upward trend as gains in Chicago Board of Trade soyoil and soybeans provided some support. Renewed optimism over Chinese purchases of soybeans from the United States, following trade talks between the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed on Thursday, with July down and gains for the new crop months. Support came from a lower Canadian dollar. The loonie was at 73.51 U.S. cents mid-afternoon, compared to Wednesday’s close of 73.77. A trader said the rolling […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 18 (MarketsFarm) – ICE Futures canola contracts were steady to higher for the new crop months at midday Thursday, while the July contract was down in choppy activity. “[Traders] moved that July spread considerably over the last little while. There are traders on both sides of the spread, so […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mostly stronger on Thursday. Gains in comparable vegetable oils supported canola prices. The Chicago soy complex got a boost from rumours of continued export demand from China. Relative weakness in the Canadian dollar also supported canola values. The loonie […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Wednesday, following choppy activity that saw only small gains in the months for the coming crop year. Open interest in the July contract was rapidly falling over the past week. Manitoba Agriculture said in its […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – ICE Futures canola contracts were steady to lower at midday Wednesday in “quiet, back and forth action that’s likely to continue,” according to a Winnipeg-based trader. “The July/November spread is trading even money. The open interest in July continues to come down rapidly,” he said, noting […] Read more