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
ICE Canada Morning Comment: Canola mixed with gains in old crop months
Losses in new crop months due to lower edible oils
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
ICE canola higher at midday Tuesday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, nearing contract highs in the front months as ongoing strength in world vegetable oil markets and tight Canadian supplies provided support. “It’s the same old story,” said a Winnipeg-based trader on the underlying bullish fundamentals. Gains […] Read more
ICE Canada Morning Comment: Old crop canola holding onto gains
Support from comparable edible oils
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed in choppy trading on Tuesday morning, with the gains in the immediate months. Support was coming from gains the Chicago soy complex as well as from European rapeseed and Malaysian palm oil. Tight old crop supplies continued to […] Read more
North American Grain/Oilseed Review: Canola up sharply in front months
Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, seeing some follow-through buying interest after Friday’s rally as sharp gains in Chicago Board of Trade soyoil provided support. Bullish chart signals and ongoing concerns over tight old crop supplies contributed to the move higher in canola. […] Read more
ICE canola turns mixed at midday Monday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, recovering from overnight declines in the front months as a rally in Chicago Board of Trade soyoil provided support. Malaysian palm oil was also higher in overnight activity, boosted by solid export demand. Friday’s rally brought […] Read more
ICE Canada Morning Comment: Canola starts week lower
Despite gains in comparable veg oils
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Monday morning, despite supportive gains in other edible oils. Concerns about tight old crop supplies continued to underpin canola values. The Canadian dollar was relatively steady, with the loonie at 80.03 U.S. cents, compared to Friday’s close […] Read more
North American Grain and Oilseed Review: Canola gets good bounce ahead of weekend
Wheat mixed as soybeans, corn rebound
Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, March 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday, recovering a large portion of the steep losses incurred the last few days. Support came from good gains in the Chicago soy complex and European rapeseed. There were small increases in Malaysian palm oil. Agriculture and Agri-Food […] Read more
ICE Canola Midday: Prices coming off of their lows, gains for May
CBOT soy complex providing strength
Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, March 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly weaker at midday Friday, but off their lows from the overnight session and with gains for the nearby May contract. A Winnipeg-based trader said canola was getting strength from the rebound in the Chicago soy complex. There was additional […] Read more
ICE canola recovering from overnight lows early Friday
Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 19 (MarketsFarm) – The ICE Futures canola market was mixed Friday morning, recovering from the lows hit overnight as the speculative selloff that weighed on prices the previous two days showed signs of waning. The nearby May contract has fallen by roughly C$50 per tonne off of its highs […] Read more