By Marlo Glass, MarketsFarm WINNIPEG, June 5 – ICE Futures canola contracts were slightly higher at midday Friday, continuing gains from prior trading sessions. Strength in Chicago’s soy complex was supportive of canola values. Nearby soyoil contracts were higher by about a third of a cent at midday. Prolonged strength in the Canadian dollar kept […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 5 (MarketsFarm) – The ICE Futures canola market was mixed Friday morning, retreating from overnight gains. Advances in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, with bullish technical signals also keeping speculators on the buy side. However, strength in the Canadian dollar weighed […] Read more

By Marlo Glass, MarketFarm WINNIPEG, June 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, carrying on strength from earlier in the week. A slight dip in the Canadian dollar was supportive of canola values. The loonie was under 74 United States cents at midday for the first time in two […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 4 – ICE Futures canola contracts were higher at midday Thursday, continuing gains from prior trading sessions. Slight weakness in the Canadian dollar was supportive of canola values, as the loonie dropped below 74 United States cents for the first time in two days. Canola also got a boost […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Thursday morning, taking some direction from Chicago Board of Trade soybeans. Early weakness in the Canadian dollar was also supportive, although the currency has shown considerable strength over the past week. Excessive moisture in parts of […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 3 – ICE Futures canola contracts were higher at midday Wednesday, continuing gains from earlier in the week. One Winnipeg-based trader said traders were buying canola and selling soyoil, which accounted for some of canola’s considerable strength while soyoil flagged slightly. Nearby soyoil contracts were down by a tenth […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s recovery off of nearby lows. Chart-based speculative buying was a feature, with gains in the Chicago Board of Trade soy complex and a slightly weaker tone in the Canadian dollar contributing to […] Read more

WINNIPEG, June 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday, regaining some of the ground lost in prior trading sessions. The spread between the July and November contracts is narrowing due to positioning as the expiry date for the July contract draws near. Continued strength in the Canadian dollar kept […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, June 2 – ICE Futures canola contracts were higher at midday Tuesday, bouncing back after losses incurred the day prior. The spread between the price of the July and November contracts is narrowing due to short positioning ahead of July’s expiration. Strength in Chicago soy oil was also supportive of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Tuesday morning, as conflicting outside influences pulled on values. Gains in the Chicago Board of Trade soy complex provided spillover support on the one side, while Malaysian palm oil and European rapeseed futures were also firmer in overnight […] Read more