WINNIPEG, Feb. 13 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, taking back some gains made during yesterday’s trading session. Weakness in soyoil on the Chicago Board of Trade put pressure on canola values. European rapeseed and Malaysian palm oil were also on the defensive at the start of trade. The Canadian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Wednesday, as there are few farmers selling at this time, according to an analyst. Also, canola benefitted from gains in Chicago soyoil and European rapeseed, but these were tempered by losses in Malaysian palm oil. A trader […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – ICE Futures canola contracts were trading higher Wednesday, on gains in the Chicago soy complex and a jump in European rapeseed prices. “It’s the [edible] oils that took it up, but it’s come off a bit from earlier highs,” commented a Winnipeg-based trader about canola. He […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 12 (MarketsFarm) – The ICE Futures canola market was higher on Wednesday, regaining some losses from earlier in the week. A stronger tone for soyoil on the Chicago Board of Trade was supportive of canola values. The soy complex was supported by the World Agriculture Supply Demand Estimates (WASDE) […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished steady to lower on Tuesday, as the February supply and demand report from the United States Department of Agriculture (USDA) weighed on values. In the report, the USDA lowered its January estimate for the U.S. soybean carryover by nearly […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 11 (MarketsFarm) – The ICE Futures canola market was lower on Tuesday, ahead of the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). A lower tone for soyoil on the Chicago Board of Trade kept a lid on canola values. The WASDE is […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower Monday, following declines in Chicago soyoil. Protests in Vancouver could result in slowing rail traffic and exports, according to a trader. The demonstrators have been supporting the Wet’suwet’en’ Nation in their fight against the Coastal GasLink pipeline crossing […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – ICE Futures canola contracts were largely steady at midday Monday, after recovering from losses earlier in the session. “We fought our way back to the plus side. We were down pretty good in the early trade,” commented a Winnipeg-based trader, adding that support has been coming […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Feb. 10 (MarketsFarm) – The ICE Futures canola market was lower on Monday, pressured by weakness in prices for comparable vegetable oils. A lower tone for soyoil on the Chicago Board of Trade kept a lid on canola values this morning. South America’s crop conditions have improved, and the region […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The ICE Futures canola market settled narrowly mixed at Friday’s closing bell after posting losses for most of the session. Spillover from declines in Chicago Board of Trade soyoil and ample supplies in the commercial pipeline weighed on prices throughout the day, according to participants. However, […] Read more