Futures

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, falling below nearby chart support as losses in outside markets weighed on values. Chicago soyoil futures fell sharply lower on Monday when Canadian markets were closed for Thanksgiving and remained pointed lower on Tuesday. European rapeseed […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was weaker in heavy trading volumes at midday Tuesday, falling below nearby chart support as activity resumed following the Thanksgiving long weekend. Canadian markets were closed Monday while grains and oilseeds in the United States traded their usual hours. Chicago […] Read more

WINNIPEG – Exiting the Thanksgiving Day weekend, the ICE Futures canola market started Tuesday lower, largely due to weakness in comparable oils and a stronger loonie. Chicago soyoil was down, as well as European rapeseed and Malaysian palm oil. Despite the worsening conflict between Israel and the Gaza Strip, crude oil prices were slightly lower. […] Read more

WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market settled with small losses on Friday after trading to both sides of unchanged in choppy activity. Canadian markets will be closed Monday for Thanksgiving and positioning ahead of the long weekend was a feature. The nearby November contract continued to test chart support at C$710 […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market was mostly higher at midday Friday, seeing some consolidation ahead of the weekend. Canadian markets will be closed Monday for Thanksgiving. The nearby November contract continued to test chart support at C$710 per tonne, with an early move below that […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – Intercontinental Exchange canola futures slipped back on Friday morning in choppy trading. While there were gains in Chicago soyoil and European rapeseed, losses in Malaysian palm oil as well as Chicago soybeans and soymeal weighed on values. Global crude oil prices were slightly higher, offering some […] Read more

WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at Thursday’s close after moving to both sides of unchanged in choppy activity. The nearby November contract managed to settle above support at C$710 per tonne after trading below that key chart point earlier in the day. Losses in Chicago soyoil put […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, falling below nearby support which encouraged additional speculative selling. The nearby November contract was trading back below C$710 per tonne, hitting fresh three-month lows with the next support at the psychological C$700 per tonne level. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – Intercontinental Exchange canola futures continued to peel back on Thursday morning, due to pressure from weaker comparable oils. There were declines in the Chicago soy complex, European rapeseed and Malaysian palm oil. As global crude oil prices slipped, they weighed on vegetable oils. Speculative selling also […] Read more

WINNIPEG, Oct. 4 (MarketsFarm) – The ICE Futures canola market moved lower on Wednesday, as losses in crude oil and world vegetable oil markets, including Chicago soyoil, weighed on values. Speculative selling contributed to the declines, although the November contract managed to hold above the psychological C$710 per tonne level. Seasonal harvest pressure was another […] Read more