ICE Canola Midday: Recent rains lead to sell off

Growing confidence in newly planted crops

By Glen Hallick, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lower at midday Wednesday, as there continued to be a flush of speculative selling following recent rains across the Prairies, according to a Winnipeg-based trader. He added that the rain has also led to an increase in grower selling as they […] Read more

ICE canola continues lower Wednesday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, seeing some follow-through selling pressure after Tuesday’s declines. Early losses in Chicago Board of Trade soybeans and soyoil contributed to the softer tone in canola. Recent rains easing dryness concerns across Western Canada were also bearish, although […] Read more


North American Grain and Oilseed Review: Rain, with Chicago weakness pulls down canola

Weakness across the board in U.S. markets

By Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday, including the July contract, which pulled an about-face after hitting its limit up earlier in the session. Rain over the Victoria long weekend brought some temporary relief to crops across the Prairies, but the dry conditions are […] Read more

ICE Canola Midday: Weak soybeans, soymeal and weekend rain bringing down canola

Gains only in old crop July

By Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower at midday Tuesday, with the exception of the old crop July contract. The July has seen wide swings over the last number of weeks as interest in the contract has been waning. That includes the contract hitting is […] Read more


ICE canola mixed to start Tuesday morning

WINNIPEG – The ICE Futures canola market was trading to both sides of unchanged Tuesday morning, with a sharp rise in the old crop July contract and a mixed tone the more deferred positions. The front month has seen some wide price swings over the past few weeks as investors on both sides of the […] Read more



ICE canola down with follow-through selling

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 21 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, seeing some follow-through selling after Thursday’s declines as investors adjust positions ahead of the long weekend. Canadian markets will be closed Monday for Victoria Day while the U.S. futures will trade their normal hours. Much needed […] Read more

ICE Canada Morning Comment: Canola continues downward

Old crop July hits daily limit

By Glen Hallick, MarketsFarm WINNIPEG, May 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Friday morning, due to ongoing declines in comparable edible oils. The old crop July contract bottomed out this morning at the daily limit of C$30 per tonne, as trading focused more and more on the new crop November […] Read more



ICE canola mostly lower at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The ICE Futures canola market was mostly weaker at midday Thursday, with the largest losses in the nearby July contract as investors bail out of the front month and attention turns to the new crop futures. Losses in Chicago Board of Trade soyoil accounted for some […] Read more