ICE canola higher at midday

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, seeing some follow-through buying interest after Thursday’s recovery from nearby lows. Crop prospects continue to deteriorate across the Prairies, with hot temperatures and little moisture in the forecasts over the next week. Gains in Chicago Board […] Read more

ICE Canada Morning Comment: Canola trading choppy

Comparable oils mixed

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, in choppy trading with gains in the front months. Support was coming from increases in Chicago soyoil, European rapeseed and Malaysian palm oil. Meanwhile, Chicago soybeans and soymeal were pulling back. The five-day weather forecast for […] Read more


North American Grain and Oilseed Review: Canola comes back from sharp declines to finish mixed

Losses for U.S. soybeans, corn, winter wheats

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Thursday, after prices remained much lower for most of the session. The turnaround followed the release of the weekly crop report from Saskatchewan Agriculture, which stated the province’s crops continued to struggle under drought conditions. Province-wide, the canola […] Read more

North American Grain and Oilseed Review: Canola comes back from sharp declines to finish mixed

Losses for U.S. soybeans, corn, winter wheats

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Thursday, after prices remained much lower for most of the session. The turnaround followed the release of the weekly crop report from Saskatchewan Agriculture, which stated the province’s crops continued to struggle under drought conditions. Province-wide, the canola […] Read more


ICE Canola Midday: Prices tumbling with other edible oils

Profit-taking also weighing on values

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were sharply lower at midday Thursday, following declines in the Chicago soy complex. However prices have pulled away from earlier lows. There were also losses in European rapeseed as well as in most Malaysian palm oil futures, except its […] Read more

ICE canola continues lower Thursday morning

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, seeing some follow-through selling after Wednesday’s declines as speculators continued to liquidate long positions. Losses in the Chicago Board of Trade soy complex and a firmer tone in the Canadian dollar contributed to the selling pressure in […] Read more


North American Grain/Oilseed Review: Canola drops sharply

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The ICE Futures canola market was sharply lower on Wednesday, with a number of factors contributing to the declines. Speculative profit-taking was behind much of the weakness, with that selling building on itself and exaggerating the declines as many traders looked to exit positions at the […] Read more

ICE canola down sharply at midday Wednesday

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The ICE Futures canola market was sharply lower at midday Wednesday, posting near-limit-down losses as a number of factors weighed on prices. “The big money decided to take some money off the table, and there’s a lot of money on the table,” said a Winnipeg-based trader, […] Read more


ICE Canada Morning Comment: Canola retreats with lower edible oils

AAFC trims canola production projection

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Wednesday morning, following the downward trend in Chicago soyoil. European rapeseed and Malaysian palm oil. However, there was some support coming from gains in Chicago soymeal, while soybeans were mixed. There were scattered showers overnight in parts of […] Read more

North American Grain/Oilseed Review: Canola rises with soy complex

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, taking back some of Monday’s losses. Gains in the Chicago Board of Trade soy complex provided some spillover support, with Malaysian palm oil and European rapeseed futures also up overnight. While scattered showers were hitting parts of […] Read more