GFM Network News


Canola lacking direction at midday Thursday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – ICE Futures canola contracts were bouncing around both sides of unchanged in choppy activity on Thursday, seeing some consolidation after dropping sharply the previous session. While Chicago Board of Trade soybeans and soyoil remained pointed lower, canola found some independent support on ideas that it was

ICE canola futures: No traction from phase one trade deal

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower Thursday morning, as European rapeseed, Malaysian palm oil and Chicago soyoil prices continue their downward trend. The commodity markets didn’t get any traction from yesterday’s signing of the United States/China phase one trade agreement. Most prices


Canola weakens at midday, awaiting trade deal news

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – ICE Futures canola contracts were lower at midday Wednesday, as losses in Chicago Board of Trade soyoil and Malaysian palm oil weighed on values. Palm oil has fallen for the past three days amid heightened diplomatic tensions between India and Malaysia which have seen India restrict


ICE canola futures: Prices slightly lower ahead of Phase One

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly lower Wednesday morning, as prices for European rapeseed, Malaysian palm oil and Chicago soyoil retreated. Although canola remains relatively cheap compared to other vegetable oils, it has run into resistance on the prices charts. The United States and

Tyson Foods is pinning its hopes on growth in the Chinese market after approval was granted to export product to that country.

Tyson Foods cleared to ship poultry to China from all U.S. plants

The company expects pork and poultry shipments to grow in the wake of swine fever

Reuters – Tyson Foods has received approval from U.S. and Chinese authorities to export American poultry to China from all 36 of its U.S. processing plants and expects to begin taking orders early next year, a chief supply chain officer for the company said. U.S. chicken companies are eager to resume sales in China after



Canola mostly lower at midday Tuesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – ICE Futures canola contracts were trading to both sides of unchanged at midday Tuesday, with the bias turning lower in thin and choppy activity. Early losses in Chicago Board of Trade soyoil put some pressure on the market, but soyoil recovered and canola also found support,

ICE canola futures: Bids slightly higher to start Tuesday

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were mixed Tuesday morning, looking for direction, as there were lower prices for European rapeseed, Malaysian palm oil and Chicago soyoil. There was an error in the Canadian Grain Commission’s (CGC) data regarding domestic disappearance, according to Glacier Farm Media.