By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, rallying in sympathy with outside vegetable oil markets. Malaysian palm oil was firmer in overnight activity while Chicago Board of Trade soyoil was at its highest levels in two years. European rapeseed futures also hit fresh contract […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Monday, following pricing trends set last week. The Canadian dollar was stronger to start the week. At 76.2 U.S. cents, the dollar kept a lid on gains for canola. Canola values were supported by higher prices for […] Read more

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The ICE Futures canola market was stronger at midday on Monday, supported by higher prices for Malaysian palm oil and soybeans on the Chicago Board of Trade. One Winnipeg-based trader said historically, gains in canola lag behind that of the soybean market, as traders go short […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, seeing some follow-through buying interest after Friday’s gains. Advances in outside vegetable oil markets, including Malaysian palm oil and Chicago soyoil, provided some spillover support for the Canadian oilseed. Canola looks cheap from an end user standpoint, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished higher on Friday, getting limited support from the Chicago soy complex. While the United States/China Phase One trade deal provided a measure of support prices at to the Chicago Board of Trade, it was difficult to sustain a rally, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – ICE Futures canola contracts were steady to higher at midday Friday, as the announcement of a trade deal between the United States and China failed to rally the markets as expected, according to a Winnipeg-based trader. Although China acknowledged it has an agreement in principle with […] Read more

By MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar was steady Friday morning getting support from increased crude oil prices. As of 8:38 CST, the Canadian dollar was at US$0.7588 or C$1.3179. That compares to Thursday’s North American close of US$0.7586 or C$1.3182. Crude oil prices were higher Friday morning, on news the United […] Read more

By MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Boris Johnson’s Conservatives won a large parliamentary majority in Thursday’s United Kingdom election, taking 364 of the 650 seats. The Conservative win paves the way for a quick exit from the European Union. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished stronger on Thursday, with spillover from large gains in Chicago soyoil. At the Chicago Board of Trade, soyoil jumped by almost eight-tenths of a cent today. Bids were buoyed by good export sales and buzz that a United States/China […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – ICE Futures canola contracts were higher at midday Thursday, getting support from the Chicago soy complex. In particular, soyoil was approaching highs not seen in the last seven to eight months, said a Winnipeg-based trader. Although canola was up, the trader noted an ongoing issue with […] Read more