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
Canola up sharply at midday
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
North American Grain/Oilseed Review: Canola finishes week on strong note
By Glen Hallick, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Friday, with a trader noting the markets will continue to be choppy and nervous. He said this will continue with the transition from unsettled spring weather to summer-like weather during June. Also, the trader pointed out canola […] Read more
ICE canola midday: Prices bounce in choppy, nervous market
By Glen Hallick, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, as the markets are choppy and nervous, according to a Winnipeg-based trader. At midday, the July contract was up C$2.90 at C$444.70 per tonne. The November contract was up C$3.40 at C$455.80 per tonne. “We’re going to […] Read more
ICE canola firm Friday morning
By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – ICE Futures canola contracts were stronger Friday morning, seeing a modest recovery after Thursday’s declines. Gains in the Chicago Board of Trade soy complex provided some spillover support, with speculative positioning ahead of the weekend a feature. Markets in the United States will be closed Monday […] Read more
North American Grain/Oilseed Review: CBOT soybeans pull down canola bids
By Glen Hallick, MarketsFarm WINNIPEG, May 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Thursday, as lower soybeans prices at the Chicago Board of Trade weighed on values. The July contract fell C$4.00 at C$441.80 per tonne. The November contract dropped C$3.60 at C$455.00 per tonne. Dryness across much of Western […] Read more
ICE canola midday: Little to support bids
By Glen Hallick, MarketsFarm WINNIPEG, May 23 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Thursday, with little to support prices according to a Winnipeg-based trader. The July contract was down C$1.80 at C$444.10 per tonne. The November contract lost C$1.10 at C$457.50 per tonne. “There’s nothing to really push it up. It’s […] Read more