By Marlo Glass, MarketFarm WINNIPEG, May 14 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were on either side of unchanged on Thursday, following pricing trends from the previous trading session. Chicago’s soy complex rebounded from considerable losses the day before, which contributed to some strength in canola prices. Relative weakness in the Canadian dollar […] Read more
North American Grain/Oilseed Review
ICE Canola Midday: Prices slightly higher at midday
By Marlo Glass, MarketsFarm WINNIPEG, May 14 – ICE Futures canola contracts were stronger at midday Thursday, taking direction from comparable vegetable oils and the Canadian dollar. Strength in the Chicago soy complex after considerable losses yesterday supported canola prices. Nearby soyoil contracts were up by about a third of a cent at midday. Relative […] Read more
ICE canola firm in quiet early trade
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 14 (MarketsFarm) – The ICE Futures canola market was holding onto small gains in most months Thursday morning, although activity was thin and choppy. Overnight gains in Malaysian palm oil and European rapeseed futures provided some support, while Chicago Board of Trade soyoil futures were steady in early activity. […] Read more
North American Grain/Oilseed Review
By Marlo Glass, MarketFarm WINNIPEG, May 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were on either side of unchanged on Wednesday, as planting activity gets under way across the Canadian Prairies. In Manitoba, all crops are approximately nine per cent planted. Canola crop planting progress ranges from just beginning to 15 per cent […] Read more
ICE Canola Midday: Prices mixed at midday
By Marlo Glass, MarketsFarm WINNIPEG, May 13 – ICE Futures canola contracts were on either side of unchanged at midday Wednesday, in choppy trading activity. One Winnipeg-based trader said canola prices were steady in comparison to other vegetable oils. Weakness in the Chicago soy complex dragged down canola prices. Nearby soyoil contracts were down by […] Read more
ICE canola steady in early trade
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Wednesday morning, lacking any clear direction. A firmer tone in Chicago Board of Trade soyoil futures provided some spillover support for canola in overnight activity. However, soyoil drifted below unchanged, while soybeans were also weaker in early activity. […] Read more
North American Grain/Oilseed Review
By Marlo Glass, MarketFarm WINNIPEG, May 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were steady to higher on Tuesday, following the World Agriculture Supply Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). One Winnipeg-based trader said the WASDE wasn’t likely to shake canola markets too drastically. Demand for canola […] Read more
ICE Canola Midday: Prices stronger ahead of WASDE
By Marlo Glass, MarketsFarm WINNIPEG, May 12 – ICE Futures canola contracts were slightly higher at midday Tuesday ahead of the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). One Winnipeg-based trader said the WASDE isn’t likely to shake canola markets too drastically, and canola prices will likely stay […] Read more
ICE canola up ahead of USDA report
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Tuesday morning, although activity was thin and choppy as participants were awaiting the latest supply/demand numbers from the United States Department of Agriculture. The USDA releases its monthly report at 11:00 CDT, with the first estimates […] Read more
North American Grain/Oilseed Review
By Marlo Glass, MarketFarm WINNIPEG, May 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Monday, following a weekend of cold weather and some instances of snow. While temperatures weren’t cold enough to damage canola crops, snow in parts of southwestern Manitoba and southeastern Saskatchewan have prevented producers from getting last year’s […] Read more