ICE canola strengthens ahead of USDA report

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, taking some direction from the Chicago Board of Trade soy complex as investors adjusted positions ahead of monthly supply/demand data from the United States Department of Agriculture. Any surprises in the data will likely swing the […] Read more


ICE Canada Morning Comment: Support from edible oils, frigid Prairie temps

Bullish S&D report expected today from USDA

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday morning, getting support from comparable edible oils. Chicago soyoil was up by about a half cent per pound, and there were gains in European rapeseed as well as Malaysian palm oil. Frigid temperatures across the Prairies […] Read more



ICE canola hitting new highs in some months

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, hitting new highs in the most active May contract as a rally in the Chicago Board of Trade soy complex provided support. Soyoil futures climbed to new contract highs Monday morning, which helped boost canola crush […] Read more



North American Grain and Oilseed Review: Lower soyoil, higher loonie weaken canola

U.S. soybeans, corn dip, while wheat increases

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mostly lower on Friday, due to declines in Chicago soyoil and a higher Canadian dollar. Although Chicago soyoil was down, there were gains in European rapeseed and Malaysian palm oil. The Statistics Canada report on grain stocks as of […] Read more

ICE Canola Midday: Old crop down, new crop higher

Grain stocks down from last year

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed at midday Friday with front months steady to lower, while there were gains in the deferred months. “We are still seeing the liquidation in the March contract. A lot of commercials are not overly aggressive with their March […] Read more


Tightening stocks underpin ICE canola Friday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 5 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, finding some support from the latest stocks data from Statistics Canada. Canola supplies in the country as of Dec. 31 came in at 12.1 million tonnes, according to the government agency. That was down by 23.7 per […] Read more

North American Grain and Oilseed Review: Canola finishes higher amid volatility

Stronger greenback holds down U.S. prices

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Thursday, after volatile session. The March contract had been lower for most of the day and the May contract bounced between both sides of steady. Statistics Canada is scheduled on Friday to release its grains stocks report […] Read more