Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market started the week with positive momentum, supported by vegetable oils. Chicago soyoil and European rapeseed were both on the rise on Monday. However, Malaysian palm oil was down, while crude oil was also lower as traders await a delayed OPEC+ meeting later this week. The Canadian […] Read more

WINNIPEG – The ICE Futures canola market is starting the week with positive momentum, supported by vegetable oils. Chicago soyoil and European rapeseed were both on the rise on Monday. However, Malaysian palm oil was down, while crude oil was also lower as traders await a delayed OPEC+ meeting later this week. The Canadian dollar […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 27 (MarketsFarm) – Intercontinental Exchange canola futures were a pinch lower on Monday morning, as it sought direction from other comparable oils. There were upticks in the Chicago soy complex and Malaysian palm oil, but European rapeseed was slipping back. Slight declines in global crude oil prices put pressure […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG (MarketsFarm) – The ICE Futures canola market was weaker on Friday, although off its session lows as values saw some adjustment relative to the Chicago soy complex. While Chicago soyoil and soybeans were both down sharply on Friday, canola had already posted large losses on Thursday when markets in […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Nov. 24 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, seeing a continuation of Thursday’s selloff as activity resumed in the United States markets after the Thanksgiving holiday. Chicago soyoil futures were posting large losses, with European rapeseed and Malaysian palm oil futures also down […] Read more

WINNIPEG – The ICE Futures canola market was mixed Friday morning, with gains in the nearby January contract and a softer tone in the more deferred positions. Canola was down sharply on Thursday while United States markets were closed for Thanksgiving. Chicago soyoil lost more than one U.S. cent per pound, but European rapeseed was […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Nov. 23 (MarketsFarm) – The ICE Futures canola market was sharply lower in thin trade on Thursday, with the lack of liquidity exaggerating the move. Markets in the United States were closed Thursday and will only open for reduced hours on Friday. Wednesday’s close below the 50-day moving average […] Read more

WINNIPEG – The ICE Futures canola market was lower during lighter than usual trading on Thursday morning. European rapeseed and Malaysian palm oil were both in the red. Meanwhile, crude oil lost more than US$1 per barrel due to an OPEC+ meeting delayed until next week. Chicago soyoil was not traded today as United States […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Nov. 22 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, retreating from its one-month highs to settle just below the 50-day moving average in the January contract. Chart-based positioning was a feature, with the failure to hold above that key technical level seen as bearish from […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Nov. 22 (MarketsFarm) – The ICE Futures canola market was seeing some choppy activity on Wednesday, with an attempt at moving higher running into resistance as the oilseed took direction from losses in Chicago soybeans and soyoil. Markets in the United States will be closed Thursday for Thanksgiving and […] Read more