GFM Network News


ICE canola rallies with soyoil

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The ICE Futures canola market was at new contract highs for the second session in a row at midday Wednesday, as a rally in the Chicago Board of Trade soy complex provided spillover support. Speculators adding to their large long positions accounted for much of the […] Read more

ICE canola futures: Prices stronger Wednesday morning

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were broadly higher on Wednesday morning, hitting seven-year contract highs. Gains in comparable vegetable oils were supportive of canola values. Nearby Chicago soyoil contracts were up by about three quarters of a cent, and Malaysian palm oil and European rapeseed […] Read more


North American Grain/Oilseed Review: Oilseeds hit multi-year highs

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was mostly higher Tuesday, hitting fresh multi-year highs in the front months as solid end user demand and bullish technical signals provided support. Chicago Board of Trade soybeans and soyoil also hit multi-year highs, providing spillover support for canola. With canola […] Read more

ICE canola hitting fresh contract highs

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, hitting fresh contract highs as solid end user demand and bullish technical signals provided support. Chicago Board of Trade soybeans were trading at their strongest levels in more than four years at midday, providing additional spillover […] Read more


ICE canola futures: Prices stronger Tuesday morning

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Tuesday morning. Gains in Chicago soyoil contracts propped up canola values in early morning trade, along with a stronger tone for Malaysian palm oil and European rapeseed. Nearby Chicago soyoil contracts were up by about a quarter […] Read more



ICE canola weakens with profit-taking

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Monday, as the market continued to consolidate just below the highs hit last week. Speculative selling was a feature, as investors booked profits on the recent gains. A firmer tone in the Canadian dollar and […] Read more

ICE canola futures: Prices lower Monday morning

Reading Time: < 1 minute By Marlo Glass, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, due to strength in the Canadian dollar. Gains in global crude oil values have supported the Canadian dollar, which was around 76.4 U.S. cents in early morning activity. That kept a lid on canola prices. Chicago […] Read more


North American Grain and Oilseed Review: Canola inches up in front months

Soybeans, corn, wheat regain some lost ground

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished either side of steady on Friday, with small gains in the front months with those contracts hitting new highs. There were small losses in the more deferred months. The market encountered resistance and uncovered some profit-taking. While there was […] Read more

ICE Canola Midday: Prices hitting new contract highs

Strong soyoil sales boosting canola

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Nov. 13 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday, hitting new contract highs in a bull market. A Winnipeg-based trader said support was coming from Chicago soyoil thanks to a strong weekly export sales report. The United States Department of Agriculture (USDA) reported 88,000 tonnes […] Read more