Futures

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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – The ICE Futures canola market was mostly lower Wednesday morning, with only the lightly traded nearby May contract holding onto gains as traders exited the front month ahead of its expiry. Speculative profit-taking was a feature in the more active months, as Tuesday’s retreat from contract […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Tuesday, with only the soon-to-expire May contract making gains in a very volatile session. Tight supplies guided May canola along with strong support from the May contracts in Chicago soyoil and European rapeseed. However, those edible oils […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher at midday on Tuesday, with a tremendously wide gap in the gains for old crop and those for new crop. The latter was quite volatile in fluctuating between declines and increases. A Winnipeg-based trader said the markets were […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – The ICE Futures canola market was higher Tuesday morning, although activity was choppy as the market reacted to the latest acreage estimates from Statistics Canada and movement in the Chicago soy complex. Canadian farmers intend to seed 21.5 million acres of canola this spring, according to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished stronger on Monday, with the most active months hitting new contract highs. That included the soon-to-expire May contract topping off at C$900 per tonne before settling a little lower. Profit-taking generated declines earlier in today’s trading, but that gave way […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were turning higher at midday on Monday, as tight old crop supplies and dryness on the Prairies were supportive. Earlier profit-taking saw losses in a number of active months. There is a very strong likelihood of more canola acres going into […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, with gains in the front months and losses in the new crop contracts. Early gains in the Chicago Board of Trade soy complex provided some spillover support for canola. However, Malaysian palm oil and European rapeseed futures […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 23 (MarketsFarm) – The ICE Futures canola market was lower in the most active contracts at Friday’s close, seeing a modest correction to end the week after posting contract highs in recent sessions. The underlying fundamentals of tight old crop supplies and solid end-user demand remained supportive, but canola […] Read more