Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 26 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, with the largest losses in the old crop contracts as speculative fund selling and a lack of buying interest on the other side weighed on prices. The nearby May contract fell by its daily C$30 per tonne […] Read more
North American Grain/Oilseed Review: Old crop canola drops sharply
ICE canola down sharply at midday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 26 (MarketsFarm) – The ICE Futures canola market was down sharply at midday Friday, as speculators continued to book profits on their large net long positions ahead of the weekend. Losses in Chicago Board of Trade soyoil and a firmer tone in the Canadian dollar contributed to the weakness […] Read more
ICE Canada Morning Comment: Canola declines continue
Mixed signals from comparable edible oils
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, continuing from yesterday’s declines in what has been a volatile market. Chicago soyoil was higher, but there were losses in Malaysian palm oil. European rapeseed was mixed with its gains in the immediate months. Tightening supplies […] Read more
North American Grain/Oilseed Review: Canola drops with soyoil
Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, as sharp losses in Chicago Board of Trade soyoil spilled over to weigh on values. Speculative fund profit-taking contributed to the declines in canola, although activity was described as choppy and volatile by participants. The underlying fundamentals […] Read more
ICE canola down with soyoil at midday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, with the largest losses in the old crop months as sharp declines in Chicago Board of Trade soyoil weighed on prices. The futures have traded within a wide range over the past week, posting large gains […] Read more
ICE Canada Morning Comment: Canola weaker, following other veg oils
Steep decline in Chicago soyoil
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, due to declines in other edible oils. Besides small to moderate losses in European rapeseed and Malaysian palm oil, there was a sharp drop in Chicago soyoil. Canola will be watching the movements in the United […] Read more
North American Grain/Oilseed Review: Canola mostly higher after volatile day
Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The ICE Futures canola market was mixed on Wednesday, with sharp gains in the old crop contracts and a steadier tone in the new crop positions. Gains in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, with concerns over tight old […] Read more
ICE canola mixed at midday Wednesday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The ICE Futures canola market was mixed at midday Wednesday, with gains in the old crop months and losses in the more deferred positions. A number of rumours circulating the market led to volatile activity, with unconfirmed talk that a couple of Canadian crushers with facilities […] Read more
ICE Canada Morning Comment: Canola mixed with gains in old crop months
Losses in new crop months due to lower edible oils
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Wednesday morning, with the old crop contracts seeing gains among the active months. There were declines in the more deferred positions. Declines in Chicago soyoil, European rapeseed and Malaysian palm oil contributed to the losses. However, there was […] Read more
North American Grain/Oilseed Review: Canola ends lower after choppy day
Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, retreating from earlier gains in choppy activity. Advances in Chicago Board of Trade soyoil and a softer tone in the Canadian dollar had helped canola strengthen in early activity, with the front months nearing the contract highs […] Read more