North American Grain/Oilseed Review: Canola rallies to new highs

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, hitting fresh contract highs as the nearby May contract moved up its daily C$30 per tonne limit. Bullish technical signals had fund traders adding to their large long positions, with end users also getting in on the […] Read more

ICE canola rallies to new highs

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, setting fresh contract highs in many months as both speculators and end users were bidding up the market. “Everyone is a little jittery,” said a trader on the underlying market sentiment. He said fund traders were […] Read more


ICE Canada Morning Comment: Sharp spike in canola

Big gains in soy complex, rapeseed

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, April 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were significantly higher on Tuesday morning, with the most active months experiencing new contract highs. There were sharp increases in the Chicago soy complex and European rapeseed, along with a modest rise in Malaysian palm oil. Canola was also getting support […] Read more

North American Grain/Oilseed Review: Canola mixed, with most months higher

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The ICE Futures canola market settled mixed on Monday, with only the nearby May contract posting losses as speculators exited the front month ahead of its expiry. New contract highs were set in many of the deferred months, with tight supplies underpinning the old crop July […] Read more


ICE canola holding onto gains at midday Monday

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, with the largest gains in the new crop contracts as values hit new highs. Activity was choppy, with light volumes in the front months leading to some wide price swings, according to a trader. Weather concerns […] Read more

ICE Canada Morning Comment: Canola still higher, but easing back

Lower Chicago soyoil, Malaysian palm oil

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Monday morning, but with the front months having pulled back from their new contract highs. Concerns over tight supplies supported old crop values, while gains in the new crop months were underpinned by dry conditions on the Prairies. […] Read more


North American Grain and Oilseed Review: Jump in soyoil pushes up canola

Big gains in U.S. soybeans, small movements for corn, wheat

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday, several of the active months finished near their highs. Sharp gains in Chicago soyoil spilled over into canola. Increases in European rapeseed and Malaysian palm oil provided additional support. Despite the rolling out of the May contract, […] Read more

ICE Canola Midday: Rolling out of May, Chicago soyoil providing support

July, November contracts just below highs

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday on Friday due the rolling out of the May contract. The July and November contracts were a little back from their highs today. A Winnipeg-based trader noted May is especially expensive at this time. He added that […] Read more


ICE canola up early Friday

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, hitting fresh contract highs in many months. Gains in Chicago Board of Trade soyoil and soybeans provided some spillover support for canola, with the Canadian oilseed also underpinned by its own bullish fundamentals of tight old crop […] Read more

North American Grain and Oilseed Review: Moderate gains for canola

U.S. corn pulls back, as soybeans, wheat rise

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday, gleaning support from gains in other edible oils. This marked the third day of the rally in canola. Chicago soyoil climbed two-thirds of cent per pound, European rapeseed saw strong increases in most of its active contracts, […] Read more