ICE canola turns mixed after hitting new highs overnight

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 29 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, retreating from earlier gains in choppy trade. The nearby contracts had set fresh highs in overnight activity, but ran into some resistance and turned mixed as the North American day session got underway. The Chicago Board of […] Read more



ICE canola down with outside markets at midday Friday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, finding itself caught up in a broad global selloff. Concerns over a new COVID-19 variant sparked sharp losses in crude oil and equity markets on Friday, with that general weakness spilling into canola as well. However, […] Read more

ICE Canada Morning Comment: Hard downturn in crude oil weakens edible oils

U.S. futures resume trading

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower Friday morning as trading volumes significantly increased overnight. After being closed for Thanksgiving the United States futures markets resume trading today for an abbreviated session, with the close at 12:05 CST. However, ICE canola remains with its regular schedule. […] Read more



ICE canola weakens in thin holiday trade

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, although activity was thin and choppy with markets in the United States closed for Thanksgiving. Malaysian palm oil and European rapeseed futures were both lower in overnight trade, which put some spillover pressure on the Canadian […] Read more


ICE Canada Morning Comment: Small gains for canola in scant trading

U.S. markets closed for Thanksgiving

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly higher on Thursday morning in light activity. The futures markets in the United States are closed for the Thanksgiving holiday, meaning no direction was coming from the Chicago soy complex. European rapeseed was mixed with its front months taking […] Read more



ICE canola retreats from early gains at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, retreating from earlier gains as traders squared positions ahead of the United States Thanksgiving holiday. Soyoil futures at the Chicago Board of Trade were still stronger at midday, but soybeans, corn and wheat futures were all […] Read more

ICE Canada Morning Comment: Canola prices at or near new highs

March contract pushes above C$1,000

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued higher from overnight gains on Wednesday morning, with contracts at or near new highs. Support came from Chicago soyoil, European rapeseed and Malaysian palm oil. Tight canola supplies, a lackluster harvest and price rationing also bolstered canola prices. Global crude […] Read more