Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, with the largest gains in the new crop contracts as values hit new highs. Activity was choppy, with light volumes in the front months leading to some wide price swings, according to a trader. Weather concerns […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Monday morning, but with the front months having pulled back from their new contract highs. Concerns over tight supplies supported old crop values, while gains in the new crop months were underpinned by dry conditions on the Prairies. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday, several of the active months finished near their highs. Sharp gains in Chicago soyoil spilled over into canola. Increases in European rapeseed and Malaysian palm oil provided additional support. Despite the rolling out of the May contract, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday on Friday due the rolling out of the May contract. The July and November contracts were a little back from their highs today. A Winnipeg-based trader noted May is especially expensive at this time. He added that […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 16 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, hitting fresh contract highs in many months. Gains in Chicago Board of Trade soyoil and soybeans provided some spillover support for canola, with the Canadian oilseed also underpinned by its own bullish fundamentals of tight old crop […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday, gleaning support from gains in other edible oils. This marked the third day of the rally in canola. Chicago soyoil climbed two-thirds of cent per pound, European rapeseed saw strong increases in most of its active contracts, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – The ICE Futures canola market was mixed at midday Thursday, with losses in the nearby May contract and a firmer tone in the other active months. The narrowing of the May/July spread was a feature, according to a trader, as investors booked profits on their long […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 15 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, as investors booked profits and prices backed away from their recently-hit highs. The Chicago Board of Trade soy complex was narrowly mixed in early activity, providing little direction for canola. Malaysian palm oil was firmer in overnight […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Wednesday, but finished off of their highs. Gains in the old crop months were stronger than those for the new crop positions. A Calgary-based analyst said a great deal of fund money has been coming in to the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midday on Wednesday with gains in the old crop months much higher than the new crop positions. There was ample support coming from significant gains in the Chicago soy complex, as well as small to moderate increases in […] Read more