GFM Network News


ICE Canada Morning Comment: Canola continues to pull back

Good harvesting weather for the Prairies

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Tuesday morning, continuing from yesterday’s declines. Above normal temperatures and little in the way of rain have made for good harvest conditions on the Prairies. Manitoba is scheduled to release its latest weekly crop report this afternoon. […] Read more

North American Grain/Oilseed Review

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker on Monday, due to pressure from outside markets and harvest activity. One Winnipeg-based trader cited reports of rapidly rising COVID-19 cases in the United States and the United Kingdom as wreaking havoc on global stock indices, and those […] Read more


ICE Canola Midday: Prices lower midday Monday

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – ICE Futures canola contracts were lower at midday Friday, buckling under pressure from outside markets. Global stock indices have fallen following reports of COVID-19 cases continue to swell in the United States and United Kingdom. One Winnipeg-based trader believed outside markets were keeping a damper on […] Read more

ICE Canada Morning Comment: Canola dips with Chicago soyoil

Good harvest weather for the Prairies

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were lower on Monday morning, as soyoil at the Chicago Board of Trade was down six-tenths of a cent. There were strong gains in Malaysian palm oil, while European rapeseed was steady to lower. The Canadian dollar was down about […] Read more



ICE canola narrowly mixed at midday Friday

WINNIPEG, Sept. 18 (MarketsFarm) – The ICE Futures canola market was trading to either side of unchanged at midday Friday, seeing some consolidation ahead of the weekend after posting large gains in recent sessions. Canola climbed above former longtime chart resistance to hit fresh two-year highs over the past week, making the market look overbought […] Read more


Global Markets: U.S. to ban TikTok downloads

WINNIPEG, Sep. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States government will ban Americans from downloading the Chinese-owned TikTok and WeChat apps as of this upcoming Sunday, amid U.S. concerns that the apps pose a national security threat. TikTok will still function […] Read more

ICE canola futures: Prices lower Friday morning

By Marlo Glass, MarketsFarm WINNIPEG, Sept. 18 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Friday morning, correcting lower after hitting substantial highs in yesterday’s trade. Nearby soyoil contracts were down by about a tenth of a cent in early morning trade, contributing to the lower tone for canola. The Canadian dollar […] Read more



ICE canola keeps pressing higher at midday Thursday

WINNIPEG, Sept. 17 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, seeing follow-through buying after Wednesday’s break above psychological chart resistance. The November contract settled above C$530 per tonne on Sept. 16, marking the first close above that level in more than two years. The move was bullish from a chart […] Read more