Futures

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – Intercontinental Exchange canola futures were higher on Tuesday morning, as trading attempted to catch up with yesterday’s movements. On Monday, the canola market was closed to mark the National Day for Truth and Reconciliation. In trading so far today, there was a lack of support for […] Read more

WINNIPEG, Oct. 2 (MarketsFarm) – The ICE Futures canola market was closed for the National Day of Truth and Reconciliation on Monday. Canola futures were down sharply on Friday, breaking through major support levels. The move below C$710 per tonne in the November contract was bearish from a chart standpoint, with the next support seen […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 2 (MarketsFarm) – The ICE Futures canola market was closed Monday to mark the National Day for Truth and Reconciliation which recognizes the country’s legacy of residential schools. Canola futures were down sharply on Friday, breaking through major support levels. The move below C$710 per tonne in the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 2 (MarketsFarm) – Intercontinental Exchange canola futures were closed Monday to mark the National Day for Truth and Reconciliation. As daytime highs across the Prairies return to normal, most of the region is forecast to receive rain today. Parts of the eastern Prairies is to see rain for the […] Read more

WINNIPEG -– The ICE Futures canola market ended Friday on a weak note, dropping below major support levels as traders had a bearish reaction to quarterly soybean stocks data out of the United States. Chicago soyoil and European rapeseed were down, while Malaysian palm oil was mostly lower in its return on Thursday after a […] Read more

WINNIPEG – The ICE Futures canola market showed some weakness on Friday, along with comparable oils. The Canadian Grain Commission reported that 72,500 tonnes of canola were exported last week, bringing the year-to-date export total to 565,200 tonnes. Chicago soyoil was lower and European rapeseed was mixed, while Malaysian palm oil was mostly lower in […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 29 (MarketsFarm) – The ICE Futures canola market was posting small gains Friday morning, holding above nearby support levels as traders adjusted positions ahead of the weekend. After trending lower for most of the past month the November contract appears to have uncovered support around the C$710 per […] Read more

WINNIPEG — The ICE Futures canola market was under pressure from comparable oils on Thursday after two days of gains. Chicago soyoil lost more than one United States cent per pound and European rapeseed was also lower. Crude oil lost more than one U.S. dollar per barrel. There was no trading for Malaysian palm oil […] Read more

WINNIPEG – The ICE Futures canola market was under pressure from comparable oils on Thursday after two days of gains. Chicago soyoil lost more than one United States cent per pound and European rapeseed was also lower. Crude oil was in the red to start the day as well. There was no trading for Malaysian […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 28 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, taking back some of Wednesday’s gains. The November contract climbed above the psychological C$720 per tonne level on Wednesday, but was retesting that chart point amid ideas the corrective bounce was overdone. Losses in Chicago soyoil […] Read more