By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 6 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, as gains in Chicago Board of Trade soyoil provided some support. Advances in the macro financial and energy markets spilled into the agricultural markets, contributing to the strength in canola, according to a trader. He said […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 6 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were higher Monday morning, getting spillover from stronger Chicago soyoil. However, soymeal incurred large declines while soybeans were steady to lower. There was also downward pressure from Malaysian palm oil, but gains in European rapeseed provided support. The COVID-19 pandemic […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 3 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Friday, amid light trading volumes. Cold temperatures and spring snowstorms in eastern Saskatchewan and western Manitoba have slowed farmer selling, which is partially to blame for the quiet market activity. A lower tone for Chicago soy was […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, April 3 – ICE Futures canola contracts were lower at midday Friday amid light trading volumes. Cold temperatures and spring snowstorms in eastern Saskatchewan and western Manitoba have slowed farmer selling, which is partially to blame for the quiet market activity. A negative tone for soybeans on the Chicago Board […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Thursday, following pricing trends set in the previous trading session. Chicago soyoil regained some of the considerable ground lost yesterday, providing some support to canola values. Spreading activity also kept prices afloat, as traders sold oil and […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, April 2 – ICE Futures canola contracts were mixed at midday Thursday with nearby contracts biased to the downside. Soyoil on the Chicago Board of Trade regained some of the considerable losses incurred yesterday, which gave canola prices a bit of support. One Winnipeg-based trader said spreading activity was also […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 2 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged Thursday morning, lacking any clear direction in thin and choppy activity. The Chicago Board of Trade soy complex was also mixed, with a softer tone in soybeans and small gains in soyoil. Uncertainty in […] Read more

By Marlo Glass, MarketFarm WINNIPEG, April 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Wednesday. Considerable weakness in Chicago soyoil was characterized as an “overwhelmingly negative factor” for canola prices. At market close, soyoil was down by over a penny. In comparison, canola prices held fairly steady. A weaker tone to […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Apr. 1 – ICE Futures canola contracts were lower at midday Wednesday, due to “considerable pressure” from comparable vegetable oils. Soyoil on the Chicago Board of Trade was down by over a penny at midday, which one Winnipeg-based trader called “an overwhelming negative factor.” By comparison, canola prices were holding […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – The ICE Futures canola market was posting losses in the most active months Wednesday morning, retreating from overnight gains as declines in Chicago Board of Trade soyoil weighed on values. Soyoil was down by more than half-a-cent per pound, while Malaysian palm oil and European rapeseed […] Read more