By Phil Franz-Warkentin, MarketsFarm Winnipeg, Jan. 14 (MarketsFarm) – ICE Futures canola contracts were lower on Tuesday, backing away from chart resistance as traders were watching for some fresh market moving news. Early losses in Chicago Board of Trade soyoil and soybeans pressured values, but soyoil recovered to end higher while soybeans settled near unchanged. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – ICE Futures canola contracts were trading to both sides of unchanged at midday Tuesday, with the bias turning lower in thin and choppy activity. Early losses in Chicago Board of Trade soyoil put some pressure on the market, but soyoil recovered and canola also found support, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mixed Tuesday morning, looking for direction, as there were lower prices for European rapeseed, Malaysian palm oil and Chicago soyoil. There was an error in the Canadian Grain Commission’s (CGC) data regarding domestic disappearance, according to Glacier Farm Media. […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Jan. 13 (MarketsFarm) – ICE Futures canola contracts were mixed on Monday, with losses in the most active front months and gains in the more deferred positions. Losses in Chicago Board of Trade soyoil and ample supplies in the commercial pipeline contributed to the declines, according to participants. However, canola […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – ICE Futures canola contracts were narrowly mixed at midday Monday, with the bias to the downside in the most active contracts. Losses in Chicago Board of Trade soyoil and soybeans put some spillover pressure on values, but canola was lagging the soy market to the downside. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker Monday morning, as European rapeseed and the Chicago soy complex were lower. Spillover from the selling of other vegetable oils weighed on values. Also, canola ran into resistance on the price charts. The South American soybean crop provided […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished the week slightly stronger, due to neutral reports from the United States Department of Agriculture (USDA). One trader said he was surprised markets didn’t “go sky-high” following the World Agriculture Supply Demand Estimates (WASDE). Taking its cue from Chicago […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The ICE Futures canola market was stronger at midday on Friday, ahead of the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE is expected to show soybean ending stocks to be lower than initially reported at 424 million […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – The ICE Futures canola market was holding onto small gains Friday morning in choppy trade, as participants await updated supply/demand data from the United States Department of Agriculture. The USDA releases its monthly report at 11:00 CST, and any surprises in the data should set the […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished mostly higher on Wednesday, following pricing trends set earlier in the week. One Winnipeg-based trader said canola is supported by strong crush margins. Although China’s Vice Premier will be in Washington next week to sign phase one of the […] Read more