Futures

WINNIPEG – The ICE Futures canola market was in the red in light trading on Tuesday morning, following the lead of vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all showed declines. After dropping in price on Monday, crude oil corrected itself upwards on Tuesday due to speculation regarding supply in the Middle […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was weaker at Monday’s close after trading to both sides of unchanged in choppy activity. The largest losses were in the nearby November contract as participants exited the front month ahead of its expiry.   Losses in Chicago soybeans and soymeal […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 30 (MarketsFarm) – The ICE Futures canola market was mixed midday Monday, trading to both sides of unchanged in choppy activity. While gains in Chicago soyoil provided some spillover support, soybeans were lower. European rapeseed and Malaysian palm oil futures were also down on the day, with declines […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – Intercontinental Exchange canola futures turned around on Friday in a corrective bounce as traders squared their positions ahead of the weekend. For most of the week, canola contended with major setbacks that pushed the most traded contracts well below the C$700 per tonne support level. Hikes […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 27 (MarketsFarm) – Intercontinental Exchange canola futures regained some lost ground in a corrective bounce at mid-morning Friday, as the oilseed gleaned support from most comparable oils. Global crude oil prices were on the rise, which spilled over in the vegetable oils, but crude was fading from earlier gains. […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 27 (MarketsFarm) – The ICE Futures canola market was posting solid gains Friday morning, seeing a corrective bounce off multi-month lows ahead of the weekend. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil futures also up in overnight activity. Canada […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 26 (MarketsFarm) – Intercontinental Exchange canola futures dropped back on Thursday, pulled down by weakness in Chicago Board of Trade soyoil. Canola started the session on a higher note, but as soyoil fell those gains turned into losses. Additional pressure came from declines in European rapeseed and Chicago soybeans […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 26 (MarketsFarm) – Intercontinental Exchange canola futures gave up their overnight gains and were being dragged down by midday Thursday. A trader said there was an about face in Chicago soyoil as well, which pulled down the Canadian oilseed. “They were looking fairly firm this morning, but [they] fizzled […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 26 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, seeing a continuation of Wednesday’s correction off nearby lows. Gains in Chicago soybeans and soyoil provided spillover support for the Canadian oilseed, with European rapeseed and Malaysian palm oil also up in overnight activity. Chart-based positioning […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – Intercontinental Exchange canola futures closed higher on Wednesday after taking a sharp hit earlier this week. Support for the Canadian oilseed came from increases in Chicago soyoil, European rapeseed and Malaysian palm oil. Declines in Chicago soybeans and soymeal tried to temper further upswings. Gains in […] Read more