North American Grain and Oilseed Review: Canola fades, then bounces back big

U.S. soybeans nudge up, corn dips, as wheat jumps

By Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished stronger on Wednesday, after a session in which the Canadian oilseed lost much of its gains only to bounce back. Support for canola came from strong upticks in Chicago soyoil and modest increases in Malaysian palm oil. While European rapeseed

ICE Canola Midday: Climbing upward, but gains slipping

Support from soybeans disappears

WINNIPEG – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday, but as with yesterday’s trading, those gains were fading. “This only gets us back to the previous highs from a few days ago,” an analyst commented. Support for canola was coming from upticks in Chicago soyoil, but as soybeans turnaround to fall back


ICE canola posting solid gains early Wednesday

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 5 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, retesting the session-highs hit Tuesday when markets in the United States were closed for Independence Day. The Chicago soy complex was stronger in early trade, providing spillover support for the Canadian oilseed. European rapeseed futures were

North American Grain and Oilseed Review: Strong gains give way to slight upticks

Soybeans, soyoil up sharply prior to U.S. holiday

By Glen Hallick, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Tuesday, but those gains faded sharply towards the end of the session. While the ICE canola market resumed trading today after Monday’s holiday, the markets in the United States are closed to mark Independence Day. Trading at the


ICE Canola Midday: Oilseed’s prices continue to improve

Riding coattails of Friday's soy gains

By Glen Hallick, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise at midday Tuesday, as trading resumed after Monday’s holiday. Canola continued to build on the sharp gains it made on Friday, following the reports from the United States Department of Agriculture that cut soybean acres and reduced

ICE canola rising in post-Canada Day trade

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 4 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, as activity resumed after the Canada Day long weekend and values caught up with the Chicago soy complex. Markets in the United States were closed today for Independence Day, but soyoil and soybeans were both sharply



ICE Midday: Canola rides soyoil’s surge

WINNIPEG – The ICE Futures canola market surged on Friday, squaring up positions ahead of the Canada Day weekend. Chicago soyoil gained more than two U.S. cents per pound while European rapeseed and Malaysian palm oil were also on the rise. Crude oil also made gains after a reported decline in United States stockpiles. One


ICE canola posting solid gains early Friday

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 30 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, seeing a continuation of Thursday’s corrective bounce as traders adjust positions ahead of the long weekend. Canadian markets will be closed Monday for Canada Day, while markets in the U.S. will shut down Tuesday, July 4,

North American Grain/Oilseed Review: Canola higher, grains mixed

WINNIPEG — The ICE Futures canola market made gains during Thursday trading while comparable oils were mixed. Chicago soyoil was lower, while European rapeseed and Malaysian palm oil were both in positive territory. Crude oil was also higher after hawkish comments from United States Federal Reserve chair Jerome Powell. At mid-afternoon, the Canadian dollar was