ICE canola stronger on Thursday

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday morning, recovering slightly from losses incurred the day before. Gains in the canola market were tempered by a lower tone for soybeans on the Chicago Board of Trade. Soybeans were lower despite strong export demand. According to […] Read more

ICE canola stronger on Thursday

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday morning, recovering slightly from losses incurred the day before. Gains in the canola market were tempered by a lower tone for soybeans on the Chicago Board of Trade. Soybeans were lower despite strong export demand. According to […] Read more


North American Grain and Oilseed Review: Loonie, Chicago soy drive down canola prices

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished weaker on Wednesday, due to a stronger Canadian dollar and declines in the Chicago soy complex. By mid-afternoon, the loonie rose to 75.92 U.S. cents compared to Tuesday’s close of 75.57. There were losses across the board today in […] Read more

ICE canola midday: Bids dropping, but still range-bound

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, following declines in the Chicago soy complex and a small increase in the Canadian dollar, according to a Winnipeg-based analyst. Nevertheless, canola has continued to remain range-bound with bids shifting towards the low end, he commented. The […] Read more


ICE canola slightly lower Wednesday

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The ICE Futures canola market was slightly lower on Wednesday morning, taking pricing cues from Malaysian palm oil and soybeans on the Chicago Board of Trade. The World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) left U.S. soybean carryout at […] Read more

North American Grain and Oilseed Review Bids steady with little to push them

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished either side of steady on Tuesday, getting little support from the Chicago soy complex. At mid-afternoon the Canadian dollar was firm at 75.56 U.S. cents, but continued to weigh on values. Reports stated that the two Canadians who have […] Read more


ICE canola midday: Bids staying firm

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – ICE Futures canola contracts were steady at midday Tuesday, despite several international events affecting the markets, said a Winnipeg-based trader. Reports stated Michael Kovrig and Michael Spavor are heading to trial in China on espionage-related charges. The Canadians have been detained by China for a year. […] Read more

ICE canola steady on Tuesday

By Marlo Glass, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was on either side of unchanged on Tuesday morning, despite supportive indications from Malaysian palm oil and soybeans on the Chicago Board of Trade. Malaysian palm oil stocks hit three-month lows in November due to seasonal production declines, according to Reuters. […] Read more


North American Grain and Oilseed Review: Small gains for canola to start week

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly higher on Monday, getting support from the Chicago soy complex. For much of the session gains had been much stronger before tapering off. A trader said Statistics Canada’s crop production report released on Friday had little, if any, […] Read more

ICE canola midday: Strong soy support dragging up bids

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, getting good spillover support from the Chicago soy complex, according to a Winnipeg-based trader. Soyoil at the Chicago Board of Trade was up by more than half of a United States cent, which was “dragging canola up […] Read more