By Marlo Glass, MarketsFarm WINNIPEG, May 6 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly higher on Wednesday morning, despite weakness in comparable vegetable oils. Losses in Chicago soyoil tempered gains for canola. Nearby contracts were down by about a third of a cent. Malaysian palm oil futures were near 10-month lows in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly higher on Tuesday, getting support from Chicago soyoil and European rapeseed. Planting and harvesting has continued across the Prairies, with more of the harvest completed in Alberta and Saskatchewan, according to a trader. Also, he said trading will […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 5 (MarketsFarm) – ICE Futures canola contracts were slightly higher on Tuesday, getting support from Chicago soyoil. In turn, soyoil was up as “energy prices are ripping it higher today,” said a Winnipeg-based trader. There was also support from stronger European rapeseed, but Malaysian palm oil was lower. The […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, May 5 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Tuesday morning amid light trading activity. Strength in Chicago soyoil contributed to gains for canola. Nearby contracts were up by about a third of a cent due to positive export data. A stronger tone for the Canadian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday due to weakness in the soy complex at the Chicago Board of Trade. Although canola was down, a trader said it remained sturdier than other commodities. European rapeseed also weighed on canola values, while support came […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – ICE Futures canola contracts were lower on Monday as a drop in the Chicago Board of Trade soy complex weighed on values. Allegations by the Trump administration that China is to blame for the COVID-19 pandemic and President Donald Trump suggesting he could impose new tariffs […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Monday morning, due to a lower tone for comparable vegetable oils. Weakness in Chicago soyoil contributed to losses for canola. Nearby contracts were down by over half of a cent. Relative strength to the Canadian dollar prevented […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – The ICE Futures canola market was higher on Friday, as weakness in the Canadian dollar provided support. The currency was down sharply relative to its United States counterpart, which helped crush margins improve and makes exports more attractive to international buyers. A slowdown in farmer selling, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged at midday Friday, as conflicting outside influences pulled on the market ahead of the weekend. Losses in Chicago Board of Trade soybeans and soyoil put some pressure on values. Large supplies in the commercial […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher on Friday morning amid sparse volumes. Support was coming from gains in European rapeseed and Malaysian palm oil, but weaker Chicago soyoil weighed on values. The eastern Prairies could see upwards to 20 millimeters of rain on Friday. […] Read more