GFM Network News


North American Grain and Oilseed Review: Tight supplies, dry Prairies push up canola

CBOT soy complex, spring wheat swing higher

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Tuesday due to ongoing concerns about tight supplies and dry conditions across the Prairies. A trader commented the rolling out of the November contract into January was a major feature in today’s trading. He added that crushers and […] Read more

ICE Canola Midday: Dryness, limited supplies fueling increases

Buyers moving now while they can

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Tuesday, with more deferred positions seeing the largest gains. “There’s the debate about how dry it is in Western Canada, the fact that seed supplies are limited [and] the fact that other competing crops are extremely profitable,” […] Read more


ICE canola mixed Tuesday morning

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – The ICE Futures canola market was mixed Tuesday morning, with losses in the nearby November contract and gains in the more deferred positions. Intermonth spreading was a feature, as traders are busy rolling out of the front month ahead of its expiry. Chicago Board of Trade […] Read more

North American Grain/Oilseed Review: Canola up on Monday

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – The ICE Futures canola market was mostly stronger on Monday, seeing a continuation of the previous week’s gains as strength in outside vegetable oil markets provided support. Malaysian palm oil and Chicago soyoil futures were both up on the day, which spilled over to underpin canola. […] Read more


ICE canola rises with outside vegoils

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, finding some direction from gains in outside vegetable oil markets. “Canola is already up where it needs to be and doesn’t necessarily need to go higher, but it will if vegoil stays strong,” said a Winnipeg-based […] Read more

ICE canola weakens in choppy Monday morning trade

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – The ICE Futures canola market lower Monday morning, although activity was thin and choppy. Losses in Chicago Board of Trade soybeans and soyoil put some spillover pressure on canola. European rapeseed futures were also weaker. However, Malaysian palm oil hit fresh contract highs overnight, which lent […] Read more


North American Grain/Oilseed Review: Canola ends week on a high note

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The ICE Futures canola market was mostly stronger on Friday, although some of the more deferred months moved lower as the spreads saw some readjustment. Gains in outside markets, including Chicago Board of Trade soyoil, Malaysian palm oil and European rapeseed futures, provided spillover support for […] Read more

ICE canola stronger at midday Friday

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The ICE Futures canola market was stronger in the most active front months at midday Friday. Gains in outside markets, including Chicago Board of Trade soyoil, Malaysian palm oil and European rapeseed futures, provided spillover support for the Canadian oilseed. Canada’s tight supply situation and a […] Read more


ICE canola still pointed higher heading into weekend

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, as it continued to take back the losses posted earlier in the week. Chicago Board of Trade soyoil, Malaysian palm oil and European rapeseed futures were all higher as well, providing some spillover support for the Canadian […] Read more

North American Grain/Oilseed Review: Canola ends mostly higher

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – The ICE Futures canola market was mostly stronger on Thursday, seeing a continuation of Wednesday’s recovery off of nearby lows. Gains in Chicago Board of Trade soyoil and European rapeseed futures provided spillover support for canola. However, Malaysian palm oil was down with profit-taking after setting […] Read more