By Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Thursday morning in more moderate activity. The July canola contract was up C$3.30 to C$461.50 per tonne. The November contract was up C$2.50 to C$474.80 per tonne. Farmers planting fewer canola acres this year compared […] Read more
ICE canola futures: Bids continue to increase
North American Grain/Oilseed Review: Canola closes sharply higher
By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 29 (MarketsFarm) – ICE Futures canola contracts posted sizeable gains on Wednesday, with continued strength in the Chicago Board of Trade soy complex behind some of the spillover buying interest. While wet fields and seeding delays across the United States Midwest boosted soybean prices, canola found additional support from […] Read more
Canola continues higher at midday Wednesday
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 29 (MarketsFarm) – ICE Futures canola contracts were up for the fourth straight session at midday Wednesday, as weather concerns in the United States Midwest continued to prop up the oilseeds. Seeding delays for the U.S. soybean crop kept Chicago Board of Trade soybeans pointed higher on Wednesday, which […] Read more
ICE canola futures: Weather market pushing up prices
By Glen Hallick, MarketsFarm WINNIPEG, May 29 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Wednesday morning, due to spillover from a weather market on the Chicago Board of Trade. In heavy activity, the July canola contract gained C$4.70 to C$455.70 per tonne. The November contract was up C$4.60 to […] Read more
North American Grain/Oilseed Review: Midwest weather concerns boost futures
By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 28 (MarketsFarm) – ICE Futures canola contracts were up sharply on Tuesday, breaking out of their nearby trading range as a rally in Chicago Board of Trade grains and oilseeds provide support. Weather concerns across the Midwest sparked the buying interest in the United States futures, with excessive moisture […] Read more
Canola up sharply at midday
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – ICE Futures canola contracts were up sharply at midday Tuesday, hitting their best levels in a month as a rally in Chicago Board of Trade corn and soybeans provided support. Weather concerns across the Midwest sparked the buying interest in the United States futures, with excessive […] Read more
ICE canola futures: Corn, soybeans give canola a bounce
By Glen Hallick, MarketsFarm WINNIPEG, May 28 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Tuesday morning, due to spillover from commodity prices on the Chicago Board of Trade. The July canola contract jumped C$4.50 to C$450.30 per tonne. The November contract leapt C$5.10 to C$463.50 per tonne. The slow […] Read more
North American Grain/Oilseeds Review: Canola settles higher in quiet trade
By Phil Franz-Warkentin, MarketsFarm Winnipeg, May 27 (MarketsFarm) – ICE Futures canola contracts were stronger on Monday, although activity was thin and choppy as markets in the United States were closed for Memorial Day. Excessively wet Midwestern weather is expected to keep soybean and corn futures supported when activity resumes in the U.S. markets. Dryness […] Read more
Canola firm in thin trade
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – ICE Futures canola contracts were posting small gains in most active contracts Monday morning, although activity was thin and choppy with many participants keeping to the sidelines. The Chicago Board of Trade was closed Monday for Memorial Day, and canola traders were showing a reluctance to […] Read more
ICE canola futures: Bids up to begin new week of trading
By Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger in early trade Monday morning, in choppy and thin activity. The commodity markets in the United States are closed for Memorial Day. With that, it’s unlikely that canola traders will get overly aggressive today. The July contract was […] Read more