GFM Network News


North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, April 3 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Friday, amid light trading volumes. Cold temperatures and spring snowstorms in eastern Saskatchewan and western Manitoba have slowed farmer selling, which is partially to blame for the quiet market activity. A lower tone for Chicago soy was […] Read more

ICE Canola Midday: Prices lower at midday

By Marlo Glass, MarketsFarm WINNIPEG, April 3 – ICE Futures canola contracts were lower at midday Friday amid light trading volumes. Cold temperatures and spring snowstorms in eastern Saskatchewan and western Manitoba have slowed farmer selling, which is partially to blame for the quiet market activity. A negative tone for soybeans on the Chicago Board […] Read more


North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, April 2 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Thursday, following pricing trends set in the previous trading session. Chicago soyoil regained some of the considerable ground lost yesterday, providing some support to canola values. Spreading activity also kept prices afloat, as traders sold oil and […] Read more

ICE Canola Midday: Prices mixed at midday

By Marlo Glass, MarketsFarm WINNIPEG, April 2 – ICE Futures canola contracts were mixed at midday Thursday with nearby contracts biased to the downside. Soyoil on the Chicago Board of Trade regained some of the considerable losses incurred yesterday, which gave canola prices a bit of support. One Winnipeg-based trader said spreading activity was also […] Read more


ICE canola mixed in choppy early trade

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 2 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged Thursday morning, lacking any clear direction in thin and choppy activity. The Chicago Board of Trade soy complex was also mixed, with a softer tone in soybeans and small gains in soyoil. Uncertainty in […] Read more

North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, April 1 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Wednesday. Considerable weakness in Chicago soyoil was characterized as an “overwhelmingly negative factor” for canola prices. At market close, soyoil was down by over a penny. In comparison, canola prices held fairly steady. A weaker tone to […] Read more


ICE Canola Midday: Prices slump midweek

By Marlo Glass, MarketsFarm WINNIPEG, Apr. 1 – ICE Futures canola contracts were lower at midday Wednesday, due to “considerable pressure” from comparable vegetable oils. Soyoil on the Chicago Board of Trade was down by over a penny at midday, which one Winnipeg-based trader called “an overwhelming negative factor.” By comparison, canola prices were holding […] Read more

ICE canola turns lower early Wednesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 1 (MarketsFarm) – The ICE Futures canola market was posting losses in the most active months Wednesday morning, retreating from overnight gains as declines in Chicago Board of Trade soyoil weighed on values. Soyoil was down by more than half-a-cent per pound, while Malaysian palm oil and European rapeseed […] Read more


North American Grain/Oilseed Review

By Marlo Glass, MarketFarm WINNIPEG, March 31 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished mixed on Tuesday, with strength in nearby contracts due to short covering. Earlier in the day, rumours swirled regarding China increasing its Canadian canola imports. However, the Western Producer confirmed that China will continue to block shipments from Richardson […] Read more

ICE Canola Midday: Prices higher at midday

By Marlo Glass, MarketsFarm WINNIPEG, March 31 – ICE Futures canola contracts were higher at midday Tuesday, boosted by an announcement that China will resume importing Canadian canola. However, one Winnipeg-based trader cautioned that the fresh news is “short in details” at this point. The trader also believed the recent rally in canola prices before […] Read more