GFM Network News


Canola prices stronger midday Tuesday

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, underpinned by strong soyoil prices. Soyoil remained trading at multi-month highs, with firm fundamentals bolstered by positive trade talks between the United States and China. One trader in Winnipeg said canola is “attractively priced” from a […] Read more

Canola narrowly mixed Tuesday morning

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Tuesday morning, as activity resumed following the Canadian Thanksgiving weekend. Soybean futures at the Chicago Board of Trade were higher on Monday, when the canola market was closed, but were posting small losses on Tuesday. Soyoil was slightly […] Read more


North American Grain/Oilseed Review: Canola edges up ahead of long weekend

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Oct. 11 (MarketsFarm) –ICE Futures canola contracts were stronger on Friday, but settled well off of their highs for the day as strength in the Canadian dollar countered spillover support from gains in Chicago Board of Trade soybeans. A winter storm hitting southern Manitoba and the northern United States provided […] Read more

ICE canola up at midday Friday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, as Prairie weather concerns and gains in Chicago Board of Trade soybeans provided support. A winter storm was hitting southern Manitoba and the northern United States on Friday, while recent cool and wet conditions have also left […] Read more


ICE canola stronger Friday morning

ICE canola stronger Friday morning By Marlo Glass, MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The ICE Futures canola market was higher on Friday morning, following the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The report lowered U.S. soybean yields to 46.9 bushels per acre. The report also lowered […] Read more

North American Grain and Oilseed Review: Bids drop after release of USDA report

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 10 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts dropped on Thursday, likely due to short covering. Bids remained steady until about an hour after the release of the United States Department of Agriculture’s October supply and demand report. With the report, Chicago soybeans finished steady to lower, with […] Read more



ICE canola mixed Thursday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was narrowly mixed on Thursday morning, amidst quiet trading as markets wait for the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). Snow has moved across the Prairies, stalling harvest activity and leaving a large […] Read more


North American Grain and Oilseed Review: Profit-taking likely behind today’s losses

Export Sales, WASDE out Thurday

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower Wednesday, for the first loss after seven consecutive trading sessions of gains. One analyst stated there was likely profit-taking today, ahead of the October supply and demand report to be released tomorrow by the United States Department of […] Read more

ICE canola midday: Bids bump downward, likely profit-taking

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 9 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday after pushing upward earlier in today’s session. “We broke through overhead resistance in that C$450-C$455 on November. We been up seven straight days, so some correction would not be out of the ordinary,” commented a Winnipeg-based analyst. […] Read more