GFM Network News


ICE canola edges down at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – The ICE Futures canola market was posting small losses in most months at midday Thursday, although activity was somewhat subdued as contracts consolidated after Wednesday’s sharp losses. Declines in Chicago Board of Trade soyoil contributed to some spillover selling in canola, although soybeans were turning higher […] Read more

ICE canola futures: Prices lower Thursday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 29 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were sligthly lower on Thursday morning, after posting considerable losses yesterday. Nearby soyoil contracts were weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by about half of a cent. Losses in the […] Read more


Global Markets: Woman beheaded in French terrorist attack

WINNIPEG, Oct. 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A woman was beheaded in Nice, France and two others killed in a suspected terrorist attack at a church. The knife-wielding attacker was shouting “Allahu Akbar” (God is Greatest), even while being detained, according to […] Read more

North American Grain/Oilseed Review: Canola down sharply in broad selloff

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was down sharply on Wednesday, as losses in most outside financial and commodity markets weighed on prices. Contracts briefly posted limit-down moves in overnight activity, with the January contract touching a session low of C$514 per tonne. Sell-stops triggered by fund […] Read more


ICE canola down sharply at midday, but well off overnight lows

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, as a selloff in most outside financial and commodity markets spilled into grains and oilseeds. Contracts briefly posted limit-down moves in overnight activity, with the January contract touching a low of C$514 per tonne. Sell stops […] Read more

ICE canola futures: Prices lower Wednesday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 28 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were considerably lower on Wednesday morning. Nearby soyoil contracts were weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by about eight tenths of a cent. Losses in the Canadian dollar provided some […] Read more


North American Grain/Oilseed Review: Canola continues lower with profit-taking

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The ICE Futures canola market was mostly weaker on Tuesday, as traders continued to book profits amid an overbought price sentiment. Long liquidation in the nearby November contract was spilling into the deferred positions, ahead of the front month’s expiry. Losses in Chicago Board of Trade […] Read more

ICE canola weakens with profit-taking at midday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, as prices continued to back away from nearby highs. “It’s stemming from long liquidation in the November (contract) as open interest is whittled down in that month,” said a Winnipeg-based trader. He noted that the selling […] Read more


ICE canola futures: Prices lower Tuesday morning

By Marlo Glass, MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly lower on Tuesday, amid light trading activity. Nearby soyoil contracts were slightly weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by a fraction of a cent in early morning trade. […] Read more