By Marlo Glass, MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts ended lower on Wednesday, giving back gains made during the previous day’s trading session. A lower tone for Malaysian palm oil in overnight trade sparked considerable selling activity on the canola market. Weakness in soy oil also failed to give […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, giving back some gains incurred yesterday. A lower tone for Malaysian palm oil in overnight trade sparked considerable selling activity on the canola market, which has put downward pressure on prices. As the end of the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, taking some direction from declines in the Chicago Board of Trade soy complex. United States oilseed processors crushed a record 176.94 million bushels of soybeans in January, taking soyoil stocks to their highest level in 12 years, […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts ended higher on Tuesday, recovering after last week’s losses. Canola’s considerable weakness was due to market concerns of protestors and rail blockades disrupting shipping activity. The canola market has since recovered some of those losses. Relative weakness for soyoil on […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, recovering from losses incurred late last week. One Winnipeg-based trader said canola was “overly weak” on Friday in reaction to concerns of protestors and rail blockades disrupting shipping activity. “But today it is recovering a bit […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 18 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, taking back some of Friday’s losses with chart-based positioning a feature. Early weakness in the Canadian dollar, which was down roughly a fifth of a cent relative to its U.S. counterpart, contributed to the early gains in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Friday, due to heavy spread activity and weaker vegetable oil prices. A Winnipeg-based trader said there will be issues down the road should blockades of rail traffic across the country continue. Since last week, the blockades have […] Read more

ICE canola midday: Prices down on weaker vegetable oils By Glen Hallick, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – ICE Futures canola contracts were lower on Friday, as Chicago soyoil was flat while European rapeseed and Malaysian palm oil were down. A Winnipeg-based trader said the spreads have been very active this week as traders moved […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The ICE Futures canola market was steady to mostly lower on Friday. Strength in soyoil on the Chicago Board of Trade was supportive of canola values. Canadian National Railway (CN Rail) has shut down large sections of railway networks across the country due to blockades in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished either side of steady on Thursday, lacking direction after bouncing back from losses earlier in the session. Declines in Chicago soyoil weighed on values, but gains in European rapeseed provided support. Canadian Indigenous Services Minister Marc Miller and British […] Read more