By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 24 (MarketsFarm) – The ICE Futures canola market was posting small losses in most months Friday morning, in thin trade as investors squared positions ahead of the weekend. A softer tone in the Chicago Board of Trade soy complex put some spillover pressure on canola, while the Canadian dollar […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Thursday, maintaining yesterday’s pricing trends. Open interest in front month contracts were featured in trading activity, along with short covering ahead of the month’s end. Strength in Chicago soy was a positive influence on canola prices. Market […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, April 23 – ICE Futures canola contracts were higher at midday Thursday, continuing pricing trends set yesterday. One Winnipeg-based trader said open interest in the May canola contract was considerably higher due to the looming expiry date, which provided a boost to canola prices. Strength in Chicago soy due to […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The ICE Futures canola market was posting solid gains Thursday morning, as it continued to correct off of the nearby lows hit earlier in the week. Gains in the Chicago Board of Trade soy complex contributed to the early strength in canola. European rapeseed and Malaysian […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Wednesday, recuperating some of the week’s losses. Strength in Chicago soy was a positive influence on canola prices. One trader said weather issues such as flooding in different parts of the Prairies aren’t a concern to market […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, April 22 – ICE Futures canola contracts were lower at midday Wednesday, bouncing back from losses during two consecutive trading sessions. One Winnipeg-based trader said bearish outside influences resulted in canola being oversold in previous sessions, but prices are now regaining ground. Short coverings were also a supportive factor. Strength […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 22 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a modest recovery after uncovering chart support to the downside on Wednesday. The most active July contract touched a session low of C$455 per tonne on Tuesday, before uncovering support to end well off that low. […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Tuesday, following pricing trends set in yesterday’s session. A lower tone for Malayian palm oil, European rapeseed, and Chicago soy was a bearish influence on vegetable oils around the world, including canola. Some producers have return to […] Read more

WINNIPEG – The ICE Futures canola market was weaker Tuesday morning, as declines in most outside markets weighed on values. Chicago Board of Trade soybeans fell to fresh contract lows, while soyoil, Malaysian palm oil, and European rapeseed futures were also weaker. Continued weakness in crude oil and the global equities added to the bearish […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Monday, dragged down by firmness in the Canadian dollar and a lower tone for Chicago soybeans. One trader noted there aren’t any spring weather concerns just yet, but we may have challenges in a few weeks. The […] Read more