Futures

WINNIPEG — The ICE Futures canola market reversed direction on Tuesday, showing declines after making small gains on Monday. Chicago soyoil was down and European rapeseed was mostly lower. However, Malaysian palm oil prices were higher. Crude oil went down despite ongoing uncertainty in the conflict between Israel and Hamas. The Canadian dollar was down […] Read more

WINNIPEG – The ICE Futures canola market was reversing direction on Tuesday, showing small declines. Chicago soyoil was down and European rapeseed was mostly lower. However, Malaysian palm oil prices were higher. Crude oil was also up amidst ongoing uncertainty in the conflict between Israel and Hamas. The Canadian dollar was down more than one-tenth […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 17 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged Tuesday morning, with the bias to the downside as the futures saw some consolidation after posting gains the previous three sessions. Losses in Chicago soyoil and European rapeseed futures accounted for some spillover […] Read more

WINNIPEG — The ICE Futures canola market had small gains to start the week amid mixed sentiment in comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both higher on Monday, but European rapeseed was lower. Crude oil was also down as many await a ground offensive by Israeli forces […] Read more

WINNIPEG – The ICE Futures canola market had small gains to start the week amid mixed sentiment in comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both higher on Monday morning, but European rapeseed was lower. Crude oil was also down as many await a ground offensive by Israeli […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 16 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, seeing a continuation of the chart-based correction off nearby lows that supported prices late last week. The nearby November contract settled above its 20-day moving average for the first time in a month on Friday, which […] Read more

By Phil Franz-Warkentin   WINNIPEG, Oct. 13 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, seeing a continuation of Thursday’s bounce off nearby lows. The nearby November contract settled above its 20-day moving average for the first time in more than a month, finishing the day at C$720 per tonne after testing […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 13 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, seeing a continuation of Thursday’s rally. Gains in Chicago soyoil futures and ideas that recent losses in canola were overdone contributed to the advances. European rapeseed and Malaysian palm oil futures were also higher, although […] Read more

WINNIPEG – The ICE Futures canola market rose sharply on Friday morning, largely due to surging crude oil prices. Crude oil gained more than US$3 per barrel due to ongoing uncertainty with regards to the conflict between Israel and Hamas. European rapeseed and Malaysian palm oil were also higher to start the day. The Canadian […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 12 (MarketsFarm) – The ICE Futures canola market was sharply higher on Thursday, as a rally in the Chicago soy complex provided spillover support. Updated supply/demand estimates from the United States Department of Agriculture provided the catalyst for the gains in soybeans, with average U.S. yields at the […] Read more