GFM Network News


North American Grain/Oilseed Review: Canola rises ahead weekend

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was mostly stronger on Friday, as investors adjusted positions ahead of the weekend. After seeing a profit-taking correction earlier in the week, speculators were back on the buy side on the final trading day of the month. Solid commercial demand from […] Read more

ICE canola steadies ahead of weekend

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was holding within a narrow range at midday Friday, lacking any clear direction as traders squared positions ahead of the weekend. Canola posted large losses over the course of the week, retreating by more than C$10 per tonne off of the […] Read more


ICE canola futures: Prices lower Friday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed on Friday morning, with slight gains observed in nearby contracts. Chicago soyoil contracts were stronger in early morning trade, providing somewhat of a boost. The December soyoil contract was up by about a third of a cent. Gains […] Read more

North American Grain/Oilseed Review

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was mostly higher on Thursday, seeing a modest correction after Wednesday’s sharp declines. Solid demand from both exporters and domestic crushers contributed to the firmer tone. Recent weakness in the Canadian dollar was also supportive. However, losses in Chicago Board of […] Read more


ICE canola edges down at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was posting small losses in most months at midday Thursday, although activity was somewhat subdued as contracts consolidated after Wednesday’s sharp losses. Declines in Chicago Board of Trade soyoil contributed to some spillover selling in canola, although soybeans were turning higher […] Read more

ICE canola futures: Prices lower Thursday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were sligthly lower on Thursday morning, after posting considerable losses yesterday. Nearby soyoil contracts were weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by about half of a cent. Losses in the […] Read more


Global Markets: Woman beheaded in French terrorist attack

WINNIPEG, Oct. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A woman was beheaded in Nice, France and two others killed in a suspected terrorist attack at a church. The knife-wielding attacker was shouting “Allahu Akbar” (God is Greatest), even while being detained, according to […] Read more

North American Grain/Oilseed Review: Canola down sharply in broad selloff

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was down sharply on Wednesday, as losses in most outside financial and commodity markets weighed on prices. Contracts briefly posted limit-down moves in overnight activity, with the January contract touching a session low of C$514 per tonne. Sell-stops triggered by fund […] Read more


ICE canola down sharply at midday, but well off overnight lows

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, as a selloff in most outside financial and commodity markets spilled into grains and oilseeds. Contracts briefly posted limit-down moves in overnight activity, with the January contract touching a low of C$514 per tonne. Sell stops […] Read more

ICE canola futures: Prices lower Wednesday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were considerably lower on Wednesday morning. Nearby soyoil contracts were weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by about eight tenths of a cent. Losses in the Canadian dollar provided some […] Read more