ICE canola up sharply at midday, but off early highs

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 26 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, but well off the limit-up gains posted earlier in the session. The most active March contract was up by its C$30 per tonne daily limit at one point, moving above C$700 per tonne in the front […] Read more

ICE Canada Morning Comment: Canola breaks C$700/tonne

Strong gains in Chicago soy complex

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 26 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts hit new contract highs on Tuesday morning, getting spillover support from the Chicago soy complex. Earlier in the session the March contract peaked at C$703.60 per tonne. There was additional support from gains in European rapeseed and Malaysian palm oil. […] Read more


North American Grain/Oilseed Review: Canola bounces higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 25 (MarketsFarm) – The ICE Futures canola market posted solid gains on Monday, with the largest advances in the front months as the futures saw a corrective bounce after last week’s downturn. Gains in the Chicago Board of Trade soy complex and weakness in the Canadian dollar contributed to […] Read more

ICE canola correcting sharply higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 25 (MarketsFarm) – The ICE Futures canola market was up sharply at midday Monday, taking back some of the previous week’s losses as a rally in the Chicago Board of Trade soy complex and a weaker tone in the Canadian dollar provided support. Soyoil was up by more than […] Read more


ICE Canada Morning Comment: Canola on the road to recovery

Sharp rise in Chicago soy complex

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 25 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were seeing gains Monday morning, following large losses on Friday. Reports stated the markets were sent tumbling on Friday in part due to the outbreak a new strain of African swine fever in China. Presently the Chicago soy complex has […] Read more

North American Grain and Oilseed Review: Profit-taking leads to across the board losses

South American rains add to declines

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Friday, as there were sharp declines in the Chicago soy complex. Soybean contracts at the Chicago Board of Trade careened downward by more than 56 cents per bushel, and soyoil lost in excess of a penny per […] Read more


ICE Canola Midday: Prices down in volatile market

Edible oils weighing on canola values

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 22 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower at midday Friday in “a very volatile market,” according to a Winnipeg-based trader. “It’s operating in strange ways. We watched the crush value on canola go up C$105 and then drop to C$70 and now it’s come back […] Read more

ICE canola mixed in choppy pre-weekend trade

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 22 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Friday morning, trading within a narrow range as the market took a bit of a breather ahead of the weekend. Losses in Chicago Board of Trade soybeans and soyoil put some spillover pressure on canola, although the Canadian […] Read more


North American Grain and Oilseed Review: Canola gets shot in the arm from soyoil

CBOT: Soybeans, corn up, wheat lower

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were stronger on Thursday with spillover from sharp gains in Chicago soyoil. There was additional support from gains in European rapeseed and Malaysian palm oil. The largest increases in canola came in the new crop months. The likelihood of tight […] Read more

ICE Canola Midday: Canola regains some lost ground

Spillover support from soyoil

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 21 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher at midday Thursday getting spillover from good gains in Chicago soyoil. A Winnipeg-based trader remarked that canola had been “beaten down, but it’s back up again.” There was additional support from higher European rapeseed and Malaysian palm oil […] Read more