By Glen Hallick, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker Friday morning as the Chicago soy complex was trading lower. Traders overestimated United States soybean exports for the week ended Oct. 17, which fell by more than 70 per cent from the previous week. Temperatures in the western […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 24 (MarketsFarm) – ICE Futures canola contracts were stronger on Thursday, as rallies in global vegetable oil markets provided support. Malaysian palm oil futures climbed to their highest levels in 16 months overnight on the back of solid export demand, with Chicago Board of Trade soyoil hitting fresh eight-month […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, as rallies in international vegetable oil markets provided spillover support. Malaysian palm oil futures climbed to their highest levels in 16 months overnight on the back of solid export demand, with Chicago Board of Trade soyoil hitting […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading lower Thursday morning, as the Prairie harvest and farmer selling continue to weigh on values. There have been some questions regarding the size and quality of this year’s canola crop. The situation has helped to keep some weather […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 23 (MarketsFarm) – ICE Futures canola contracts managed to settle with small gains on Wednesday after posting losses for most of the session. While improving harvest progress and increased supplies in the commercial pipeline put some pressure on values, the size and quality of this year’s canola crop remains […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, as bearish chart signals weighed on prices. Losses in Chicago Board of Trade soyoil and a steady tone in the Canadian dollar contributed to the declines, with improving harvest progress in parts of Western Canada also weighing […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading lower Wednesday morning, due to downward pressure from the Chicago soy complex. Traders at the Chicago Board of Trade have been waiting for confirmation on a sale of 2 million tonnes of United States soybeans to China, said […] Read more

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 22 (MarketsFarm) – ICE Futures canola contracts were stronger on Tuesday, taking back some of their recent declines. Gains in Chicago Board of Trade soyoil and a steady tone in the Canadian dollar helped underpin crush margins, with domestic processors behind some of the buying interest. Ongoing weather concerns […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – ICE Futures canola contracts were posting small gains at midday Tuesday, with a rally in Chicago Board of Trade soyoil behind some of the spillover strength. Soyoil was up nearly half-a-cent per pound, while the Canadian dollar was holding steady, which was supportive for crush margins. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were trading higher Tuesday morning, getting spillover from the Chicago soy complex. There has been strong speculation that China will purchase 10 million tonnes of United States soybeans tariff-free. Also, there have been indications China may purchase large quantities of […] Read more