By Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Tuesday, as traders continued to roll out of the July contract into the nearby November contract. There was additional support from gains in Chicago soyoil and European rapeseed. However losses in Malaysian palm oil weighed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – ICE Futures canola contracts were higher at midday Tuesday as rolling out of the July contract continued. “They’re getting rid of the Julys and moving into in November,” said a Winnipeg-based trader. He noted that weather conditions were supportive as well, as the Prairies are mostly […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Tuesday, amid light trading volumes. Gains in the Chicago soy complex were supportive of canola values, while strength in the Canadian dollar limited the upside. The loonie was higher by about a third of a cent during […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Monday, with traders rolling out of the July contract likely the reason. A Winnipeg-based trader noted that it’s common for there to be big swings in the spreads during June. He also said that prices […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – ICE Futures canola contracts were higher at midday Monday, with what appeared to be rolling out of the July contract. “Spreads are moving around all through the month of June here. Must be rolling [out of July], but it’s hard to tell what’s driving these spreads,” […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged on Monday morning, due to conflicting influences from outside factors. Weakness in Chicago soyoil contributed to the softer tone for canola, while slight losses in the Canadian dollar provided some support. Planting activity is […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, as speculative short-covering helped values test nearby chart resistance. The most-active November contract settled at the psychological C$473 per tonne level, closing above the 20-day moving average for the first time in three weeks. Weather uncertainty in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Friday, with a firmer tone in the nearby contracts and losses in the more deferred positions. Positioning ahead of the weekend was a feature as canola consolidates just below major resistance of C$470 per tonne in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Friday morning, as prices step back from recent highs. Support was coming from small gains in Chicago soyoil along with European rapeseed and Malaysian palm oil. The Canadian Grain Commission reported producer deliveries of canola for the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 11 (MarketsFarm) – The ICE Futures canola market was steady to higher in the most active months at Thursday’s close, although the market settled well off of its session highs after running into chart resistance. Sharp weakness in the Canadian dollar, which lost roughly a cent relative to its […] Read more