Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 4 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, taking some direction from Chicago Board of Trade soyoil and Malaysian palm oil. Palm oil futures climbed to their highest levels in 20 months overnight on the back of strong demand from the biodiesel sector and tightening […] Read more
ICE canola starts week firmer with world vegoils
North American Grain and Oilseed Review: Canola ends week firm
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished slightly higher on Friday, as bids are expected to fluctuate either side of steady for the next few months, according to a trader. He also noted that volumes were significantly lower today, as speculators finished rolling out of their […] Read more
ICE canola midday: Bids bouncing to both sides
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – ICE Futures canola contracts were trading steady to lower at midday Friday, as the “fireworks” from the November contract has largely subsided with the focus on January, said a Winnipeg-based trader. “I wouldn’t be surprised to see canola to continue trading on both sides as the […] Read more
Canola continues lower Friday morning
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 1 (MarketsFarm) – The ICE Futures canola market was posting small losses in most months Friday morning, seeing a continuation of the downtrend that’s weighed on values over the past week. Seasonal harvest pressure accounted for some of the weakness, as farmers delivered half-a-million tonnes of canola into the […] Read more
North American Grain and Oilseed Review: Soyoil, Prairie harvest weigh on values
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished weaker on Thursday, due to pressure from Chicago soyoil and the continuing Prairie harvest. At the Chicago Board of Trade, soyoil lost almost a quarter of a cent, which helped to pull down canola values. The Prairie harvest has […] Read more
ICE canola midday: Soy complex, Prairie harvest driving down prices
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – ICE Futures canola contracts were trading lower at midday Thursday, due to the combined effects of a weaker Chicago soy complex and the continuing Prairie harvest, according to a Winnipeg-based trader. He said there was “weakness in Chicago technical selling” and in soyoil. Of which the […] Read more
ICE canola weaker on Thursday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 31 (MarketsFarm) – The ICE Futures canola market was slightly lower on Thursday morning, pulled down by a lower soybean complex on the Chicago Board of Trade. Soybeans were lower on Thursday following Chile’s cancelation of the APEC meeting, which was scheduled for Nov. 16 and 17. The United […] Read more
North American Grain and Oilseed Review: After fluctuating bids finish lower
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished slightly lower on Wednesday, after a session that had good amount of fluctuations either side of steady. Some direction came from the Chicago soy complex, which finished lower, but was also switching between green and red throughout the day. […] Read more
ICE canola midday: Market returns to range-bound trade
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – ICE Futures canola contracts were trading slightly higher at midday Wednesday. A Winnipeg-based trader analyst suggested canola has become range-bound, similar to that experienced in the summer. The Chicago soy complex provided some support, especially soyoil. While there continues to be harvest pressure, the difficulties Prairie […] Read more
ICE canola gain strength on Wednesday
Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was slightly higher on Wednesday morning, boosted by stronger values for Malaysian palm oil, European rapeseed, and soybeans on the Chicago Board of Trade. Palm oil on the Dalian exchange hit an 18-month high overnight, due to expectations of lower production. […] Read more