ICE Canada Morning Comment: Canola searching for direction

Rain forecast for Prairies today, Friday

By Glen Hallick, MarketsFarm WINNIPEG, May 21 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower on Thursday morning amid light volumes. Chicago soyoil was slightly higher, while European rapeseed and Malaysian palm oil were lower. Rain has continued in parts of Alberta as the system moves into Saskatchewan. Another system bringing […] Read more

North American Grain/Oilseed Review: Canola firm at the close

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The ICE Futures canola market settled steady to higher on Wednesday, taking some direction from the Chicago Board of Trade soy complex. Solid demand from both exporters and domestic crushers added to the firmer tone. A lack of significant farmer selling, as producers focus on spring […] Read more


ICE canola edges up at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Wednesday, taking some direction from the Chicago Board of Trade soy complex. Solid demand from both exporters and domestic crushers added to the firmer tone, with a lack of significant farmer selling as producers […] Read more

ICE canola futures: Small gains in morning trade

Manitoba planting reaches 42 per cent

By Glen Hallick, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher on Wednesday morning, as support from other edible oils was countered by planting progress. Gains in European rapeseed and Malaysian palm oil provided support, but there was little direction from steady Chicago soyoil values. A stretch […] Read more


North American Grain/Oilseed Review: Canola ends steady to higher

North American Grain/Oilseed Review: Canola ends steady to higher By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The ICE Futures canola market was steady to higher at Tuesday’s close, as the market ‘played catch-up’ with the Chicago Board of Trade soy complex. Soybeans and soyoil both posted solid gains on Monday when the canola […] Read more

ICE canola narrowly mixed at midday Tuesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Tuesday, as investors adjusted positions after the Victoria Day holiday. Losses in the Chicago Board of Trade soy complex put some spillover pressure on the canola on Tuesday, but soybeans and soyoil were stronger Monday when […] Read more


ICE canola futures: Prices mixed to start week

Harvesting, planting continue on Prairies

By Glen Hallick, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mixed on Tuesday morning as trading resumed after the Canadian markets were closed yesterday for Victoria Day. Canola was getting a little bit of support from Chicago soyoil and Malaysian palm oil, while European rapeseed was lower. Warmer temperatures […] Read more

North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, May 15 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, as traders positioned ahead of the long weekend. Markets will be closed on Monday for Victoria Day. Warm weather forecast for the long weekend will help producers with planting and harvesting activity, which will keep a […] Read more


ICE Canola Midday: Prices steady at midday

By Marlo Glass, MarketsFarm WINNIPEG, May 15 – ICE Futures canola contracts were on either side of unchanged at midday Friday, amid light trading activity. Minor strength in the Chicago soy complex after considerable losses earlier in the week. Nearby soyoil contracts were up by about a sixth of a cent at midday. Relative weakness […] Read more

ICE canola futures: Canola pushes up ahead of long weekend

Cdn. markets closed Monday for long weekend

By Glen Hallick, MarketsFarm WINNIPEG, May 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Friday morning due to gains in the Chicago soy complex. Good progress should be made in the fields across the Prairies this Victoria Day long weekend and into next week. Temperatures are forecast to push into the […] Read more