Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday as comparable oils continued to make gains and with other supportive influences. “The commercials are short and the farmers are short,” commented an analyst, noting a lack of selling and critically low canola supplies. A lack […] Read more
ICE Canola Midday: A lot of support for higher prices
'Commercials are short and the farmers are short'
ICE canola rising early Wednesday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, with chart-based speculative buying a feature as values moved above some key moving averages. Spillover from outside markets added to the gains, with European rapeseed and Malaysian palm oil futures both testing fresh highs once again. Chicago […] Read more
North American Grain and Oilseed Review: Gains for November, but losses further on
A ‘turnaround Tuesday’ to the downside at CBOT
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower in choppy trading on Tuesday, with gains only in the November contract. Weakness in the Chicago soy complex and in the crude oil markets weighed on values. Support came from gains in European rapeseed and Malaysian palm oil. […] Read more
ICE Canola Midday: Softness in other markets weigh on prices
Canola is where it needs to be - trader
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Tuesday due to softness in the Chicago soy complex and in crude oil prices, according to a trader. Canola was higher earlier this morning as it rebalanced from the sharp drop prior to the close of Monday’s […] Read more
ICE canola correcting higher early Tuesday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – The ICE Futures canola market was mostly higher Tuesday morning, seeing a modest recovery after Monday’s losses. European rapeseed and Malaysian palm oil futures were both stronger overnight, providing some spillover support for canola. However, Chicago Board of Trade soyoil slightly lower. The smaller Canadian crop […] Read more
North American Grain and Oilseed Review: Canola fails to hold on to gains
Gains for U.S. soybeans, corn, while wheat is mixed
Reading Time: 3 minutes Intercontinental Exchange (ICE) canola futures closed lower on Monday, after making gains for most of the session. This was despite support from gains in the Chicago soy complex, as well as in the front months of European rapeseed. There were declines in rapeseed’s back months as well as in Malaysian palm oil. Good upticks in […] Read more
ICE Canola Midday: Prices rising moderately
Support from soy complex, oil markets
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Monday, as they continued to get spillover support from gains in the Chicago soy complex. There was also support from the front months in European rapeseed, but Malaysian palm oil was slightly lower. A trader said prices […] Read more
ICE canola posting losses early Monday
Reading Time: < 1 minute WINNIPEG, Sept. 27 (MarketsFarm) – The ICE Futures canola market was weaker Monday morning, taking back some of Friday’s gains. Early losses in Chicago Board of Trade soyoil futures put some spillover pressure on canola. Seasonal harvest pressure was another bearish influence, although the poor yields and need to ration demand going forward remained supportive. […] Read more
North American Grain/Oilseed Review: Canola up sharply ahead of weekend
Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 24 (MarketsFarm) – The ICE Futures canola market was up sharply on Friday, finding spillover support from outside vegetable oil markets. European rapeseed and Malaysian palm oil futures both set fresh contract highs overnight, with Chicago soyoil also posting solid gains. Tight supplies and drought concerns were also supportive, […] Read more
ICE canola stronger at midday Friday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, taking some direction from Chicago Board of Trade soyoil. European rapeseed and Malaysian palm oil futures both set fresh contract highs overnight, lending some support to the North American oilseed markets as well. A weaker tone […] Read more