ICE Canola Midday: Small recovery in prices

Support from European rapeseed

WINNIPEG – Canola futures on the Intercontinental Exchange (ICE) reclaimed some lost ground at midday Tuesday, after several days of steep declines. A broker said the Canadian oilseed was exercising some independent strength from the Chicago soy complex. The latter was seeing some small increases in soybeans and soyoil, while soymeal pushed lower. Losses in

ICE canola correcting higher

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing a modest correction after recent losses. Gains in Chicago soyoil and European rapeseed futures provided some spillover support, with Malaysian palm oil holding steady in overnight trade. Continued weakness in the Canadian dollar, which has lost


North American Grain and Oilseed Review: More setbacks for canola

CBOT soybeans fall in market shake-up

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) fell back further on Monday, adding to the sharp losses incurred late last week. A major sell-off in the stock and equities markets fueled the declines. Additional pressure came from downturns in the Chicago soy complex and European rapeseed.

ICE Canola Midday: Sour markets pulling down canola, veg oils

Weakness in crude oil contributes to losses

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Monday, continuing with the losses incurred late last week. An analyst commented there’s a major sell-off in the stocks and equities markets, which is driving down commodities. There were steep declines in the Chicago soy



Feeder cattle, butcher cows still in demand

Feeder cattle, butcher cows still in demand

Gathering sufficient cattle to ship east or south is difficult

Activity may be winding down for the season at cattle auctions around Manitoba, but the butcher and feeder cattle still moving through the rings were still seeing solid demand in late May/early June. Heavy volumes of butcher cattle stood out to Allan Munroe of the Killarney Auction Mart, who added that “they’re worth some money


ICE canola continues lower at midday Friday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 10 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, seeing a continuation of Thursday’s selloff as investors bailed out of long positions. Losses in Chicago soyoil and Malaysian palm oil futures added to the softer tone in canola, although European rapeseed futures were narrowly mixed.

ICE Canada Morning Comment: Canola sliding back

USDA report at 11 am CDT

By Glen Hallick, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued lower on Friday morning, adding to the losses incurred yesterday. While Chicago soymeal was on the rise, soybeans and soyoil were falling back. There were steep losses in Malaysian palm oil while European rapeseed was mixed. Small declines in global



ICE canola weaker at midday Thursday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 9 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Thursday, taking back Wednesday’s gains as losses in outside markets weighed on values. “Canola’s hitched its wagon to European rapeseed,” said an analyst noting that declines in the Matif rapeseed futures over the past week were behind