Futures

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – Intercontinental Exchange canola futures were continuing to climb higher at mid-morning Wednesday, adding to Tuesday’s increases. An analyst commented that over the last month canola futures dropped from about C$731 per tonne in the January contract in mid-October, down to C$672 by early November, only to […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Nov. 15 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s rally. Gains in Chicago soyoil provided spillover support, although soybeans and meal were both lower. Malaysian palm oil hit fresh two-month highs in overnight activity but was running into some resistance. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – Intercontinental Exchange canola futures were stronger on Tuesday after being closed on Monday for Remembrance Day. Canola played catch up with the sharp gains in the Chicago soy complex yesterday, along with today’s upticks. Additional support came from increases in European rapeseed and Malaysian palm oil. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning as activity resumed after the long weekend. The ICE canola market was closed Monday for Remembrance Day, while grain and oilseed futures in Chicago traded their usual hours. Soybean futures rallied sharply higher on Monday but were […] Read more

WINNIPEG — After three straight days of declines, the ICE Futures canola market rebounded on Friday as it took a page from crude oil and Chicago soyoil. Crude oil was up more than one U.S. dollar per barrel, while Chicago soyoil continued its recent rally. However, European rapeseed was down. The Canadian Grain Commission reported […] Read more

WINNIPEG – After three straight days of declines, the ICE Futures canola market was rebounding at midday as it took a page from crude oil and Chicago soyoil. Crude oil was up more than one U.S. dollar per barrel, while Chicago soyoil continued its recent rally. However, European rapeseed was down. The Canadian dollar fell […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 10 (MarketsFarm) – Intercontinental Exchange canola futures were higher on Friday morning, due to spillover from gains in Chicago soyoil and Malaysian palm oil. Those upticks were tempered by losses in European rapeseed as well as Chicago soybeans and soymeal. Increases in global crude oil prices spilled over into […] Read more

WINNIPEG – The ICE Futures canola market continued to show weakness on Thursday, along with soybeans. The United States Department of Agriculture released its monthly World Agricultural Supply/Demand Estimates earlier today. The report caused bearish action on the Chicago Board of Trade (CBOT), including a sharp drop in soybean prices which spilled over into canola. […] Read more

WINNIPEG – The ICE Futures canola market continued to show weakness on Thursday despite mixed sentiment in comparable oils. European rapeseed and Malaysian palm oil were both in decline. However, strength in Chicago soyoil capped canola’s losses, while crude oil prices were up more than one United States dollar per barrel. The Canadian dollar was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 9 (MarketsFarm) – Intercontinental Exchange canola futures were lower on Thursday morning, lacking sufficient support from most comparable oils. Losses in Chicago soyoil, European rapeseed and Malaysian palm oil put pressure on the Canadian oilseed. Meanwhile Chicago soybeans were slightly lower and soymeal was mixed. Gains in global crude […] Read more