Futures

By Glen Hallick, MarketsFarm WINNIPEG, May 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Monday morning, as its rally continues. Spillover support was coming from strong gains in Chicago soybeans and soymeal. Additional support came from European rapeseed and Malaysian palm oil. Tight supplies continued to underpin canola values, as were dry […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed stronger on Friday, due to tight supplies and dry conditions across the Prairies. Additional support came from sharp increases in the Chicago soy complex, as well as moderate gains in European rapeseed. Lower Malaysian palm oil weighed on values. Strong […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midday Friday. With “no new canola until September,” old crop supplies will remain very tight, said a Winnipeg-based trader. Dry conditions on the Prairies are expected to continue for the coming weeks, which underpinned new crop values, the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 30 (MarketsFarm) – The ICE Futures canola market was mixed Friday morning, with gains in the old crop July contract and a steady to softer tone in the more deferred positions. Canola has seen some wide price swings over the past week in choppy activity, and could be due […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures mostly higher on Thursday, after a choppy session that witnessed wide swings. Only the immediate May contract was lower as traders rolled out of May as it expires tomorrow. A combination of tight old crop supplies, questionable new crop supplies and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower midday in choppy trading on Thursday, due to declines in the Chicago soy complex. Only the old crop July contract was higher. A trader noted there has been a lot of spreading going on between the canola and […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – The ICE Futures canola market was mixed Thursday morning, retreating from overnight gains in the most active months as a downturn in the Chicago Board of Trade soy complex weighed on values. Continued strength in the Canadian dollar, which was at its highest level in nearly […] Read more

Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – The Canadian dollar continued upward on Thursday morning, pushing closer to highs unseen since Jan. 28, 2018 when it peaked at 81.60 U.S. cents. As of 8:45 CDT, the Canadian dollar was at US$0.8133 or C$1.2302 compared to Wednesday’s close of US$0.8093 or C$1.2357. On […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday, in a volatile session that saw wide swings up and down for some of the active months. A trader noted there was rolling out of the May contracts in canola as well as those for Chicago corn […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday on Wednesday, including the May contract that had been showing gains today. A trader noted the May was “getting down to its last little bit” as the open interest in the contact was below 1,600. That said, […] Read more