By Marlo Glass, MarketsFarm WINNIPEG, Dec. 23 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, as prices appeared to be in a consolidation pattern. Further losses for canola were tempered by a stronger tone for soybeans on the Chicago Board of Trade. Soybeans were supported by speculation of drought conditions affecting crops […] Read more
ICE canola starts the week lower
North American Grain/Oilseed Review
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Friday, amid light and choppy trade activity. Earlier in the week, canola values received a boost from strong trading activity and profit-taking ahead of the holidays. However, that activity has largely tapered off. Strong domestic crush margins […] Read more
Canola prices steady at midday Friday
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – The ICE Futures canola market was steady to slightly lower at midday Friday, amidst thin and choppy trade activity. Earlier in the week, canola values received a boost from strong trade activity and profit-taking ahead of the holidays. However, that activity has largely tapered off. Strong […] Read more
ICE canola firm early Friday
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – The ICE Futures canola market was holding onto small gains in most months Friday morning, although activity was choppy as participants were squaring positions ahead of the holidays. Canola remains cheap compared to other oilseeds, with wide crush margins keeping domestic processors on the buy side. […] Read more
North American Grain/Oilseed Review
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Thursday, bouncing back from losses incurred yesterday. Canola values were bolstered by strong trade activity and profit-taking ahead of the holidays. Canola has been supported by end of year short coverings, as there are only about half […] Read more
Canola prices stronger at midday Thursday
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) – The ICE Futures canola market was stronger at midday on Thursday, bouncing back from losses in the previous day. Canola values were bolstered by strong trade activity and profit-taking ahead of the holidays. Canola has been supported by end of year short covering, as there are […] Read more
ICE canola turns higher Thursday morning
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) – The ICE Futures canola market traded to both sides of unchanged in overnight activity, but was pointing decidedly higher as the North American day session got underway. While early losses in Chicago Board of Trade soybeans put some pressure on values, gains in soyoil and other […] Read more
North American Grain/Oilseed Review
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished weaker on Wednesday, taking back gains made earlier in the week. Weakness in the soy complex on the Chicago Board of Trade weighed on canola values. Soybean prices were lower after posting gains for four consecutive days. Vegetable oil […] Read more
Canola prices hold strength at midday Wednesday
By Marlo Glass, MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – The ICE Futures canola market was stronger at midday on Wednesday, bouncing back from lower prices in overnight trade. Canola values were bolstered by strong trade activity and profit-taking ahead of the holidays. Grain markets have been pushing higher throughout the month, and are expected to […] Read more
ICE canola futures: Canola pulls back Wednesday morning
By Glen Hallick, MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower Wednesday morning, as prices retreated for Malaysian palm oil and on the Chicago soy complex. Also weighing on values was the Canadian dollar as it moved slightly higher this morning to 76.18 U.S. cents after closing Tuesday at […] Read more