Futures

WINNIPEG – The ICE Futures canola market made gains on Wednesday, receiving a large amount of support from comparable oils. Chicago soyoil was up, while European rapeseed and Malaysian palm oil were also higher. Crude oil gained approximately two U.S. dollars per barrel after a large draw from already depleted United States stockpiles. At mid-afternoon, […] Read more

WINNIPEG – The ICE Futures canola market made gains on Wednesday, receiving a large amount of support from comparable oils. Chicago soyoil was up more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also higher. Crude oil gained approximately two U.S. dollars per barrel after a large draw […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 27 (MarketsFarm) – The ICE Futures canola market was posting solid gains Wednesday morning, seeing a continuation of Tuesday’s corrective bounce off nearby lows. Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed and Malaysian palm oil all stronger. Wide crush margins and ideas that […] Read more

WINNIPEG – The ICE Futures canola market made its way upwards after the November contract encountered support at the C$710 per tonne level. Crude oil added strength to the oilseed with prices going higher. Meanwhile, Chicago soyoil rose, European rapeseed was mixed and Malaysian palm oil was lower. At mid-afternoon, the Canadian dollar was down […] Read more

WINNIPEG – The ICE Futures canola market made its way upwards after the November contract encountered support at the C$710 per tonne level. Crude oil added strength to the oilseed with prices going higher. Meanwhile, Chicago soyoil was also on the rise, European rapeseed was mixed and Malaysian palm oil was lower. The Canadian dollar […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 26 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged Tuesday morning, lacking any clear direction as the futures saw some consolidation after recent declines. Chicago soyoil remained pointed lower after dropping below chart support on Monday, with spillover selling accounting for some weakness […] Read more

WINNIPEG — The ICE Futures canola market continued its slide downwards for the fifth time over the past six sessions, being pressured from vegetable oils. Chicago soyoil lost more than two United States cents per pound, while European rapeseed was also down. However, Malaysian palm oil was up, bringing support to canola. Crude oil moved […] Read more

WINNIPEG – The ICE Futures canola market continued its slide downwards for the fifth time over the past six sessions, being pressured from comparable oils. Chicago soyoil lost nearly two United States cents per pound, while European rapeseed was also down. However, Malaysian palm oil was up, bringing support to canola. Crude oil moved lower […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 25 (MarketsFarm) – The ICE Futures canola market was weaker Monday morning, as an early attempt at correcting higher ran out of steam and the futures continued their downtrend. Losses in Chicago soyoil accounted for some spillover selling in the Canadian oilseed, with seasonal harvest pressure another bearish […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – Intercontinental Exchange canola futures failed to hang on to gains in a bout of choppy trading Friday, due to a lack of sufficient support from comparable oils. Support for canola came from increases in Chicago soybeans and especially soyoil, but soymeal slipped back. European rapeseed and […] Read more