By Marlo Glass, MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The ICE Futures canola market was slightly higher to start the week, taking direction from a stronger tone for Malaysian palm oil and European rapeseed. United States markets are closed for Martin Luther King Jr. Day, so there is no activity on the Chicago Board of […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Jan. 17 (MarketsFarm) – ICE Futures canola contracts were stronger on Friday, taking back much of the losses posted earlier in the week amid ideas those declines were overdone. A turn higher in Chicago Board of Trade soyoil and soybeans provided underlying support. A weaker tone in the Canadian dollar […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – ICE Futures canola contracts were posting solid gains at midday Friday, seeing a continued recovery after the losses posted earlier in the week. A turn higher in Chicago Board of Trade soyoil provided underlying support for canola, while a weaker tone in the Canadian dollar contributed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to higher Friday morning, a slowdown in fund and farmer selling as well as the recent frigid weather has helped to underpin bids. Although the technical bias for canola has been to the downside, it’s holding above support […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Jan. 16 (MarketsFarm) – ICE Futures canola contracts held steady on Thursday, seeing some consolidation after recent declines. After falling by roughly C$10 per tonne over the past week, canola was due for a correction and some bargain-hunting likely came forward to provide support. A lack of farmer selling contributed […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – ICE Futures canola contracts were bouncing around both sides of unchanged in choppy activity on Thursday, seeing some consolidation after dropping sharply the previous session. While Chicago Board of Trade soybeans and soyoil remained pointed lower, canola found some independent support on ideas that it was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower Thursday morning, as European rapeseed, Malaysian palm oil and Chicago soyoil prices continue their downward trend. The commodity markets didn’t get any traction from yesterday’s signing of the United States/China phase one trade agreement. Most prices […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Jan. 15 (MarketsFarm) – ICE Futures canola contracts were down sharply on Wednesday, as declines in Chicago Board of Trade soybeans and soyoil weighed on prices. China and the United States signed phase one of their trade deal in Washington on Wednesday. China agreed to buy more U.S. agricultural commodities, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, as losses in Chicago Board of Trade soyoil and Malaysian palm oil weighed on values. Palm oil has fallen for the past three days amid heightened diplomatic tensions between India and Malaysia which have seen India restrict […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly lower Wednesday morning, as prices for European rapeseed, Malaysian palm oil and Chicago soyoil retreated. Although canola remains relatively cheap compared to other vegetable oils, it has run into resistance on the prices charts. The United States and […] Read more