GFM Network News


ICE weekly outlook: Canola stronger at midweek

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a few dollars after losing $7 in the prior day’s trade. Keith Ferley of RBC Dominion Securities in Winnipeg said canola’s losses were due to chart […] Read more

ICE weekly outlook: Canola futures at two-year highs

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts climbed to their strongest levels in two years during the week ended Wednesday, but could be nearing their highs for the time being as harvest pressure should start weighing on values. “We’re running into the top end on the monthly and weekly charts,” said Jamie Wilton, senior commodity futures […] Read more


Charts point toward pullback for oats

Reading Time: < 1 minute CNS Canada — If you’re looking to sell some of your oats, now is the time to do so, according to Ed Baldwin. “We contacted our clients and said ‘Hey, if you got oats you want to sell, price them today,’” Baldwin, manager of advisory services and grain marketing for AgChieve Grain Marketing Experts in […] Read more