Futures

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were a pinch higher at midday Friday, despite getting mixed support from comparable oils. In a turnaround, Chicago soybeans were pushing higher along with strong gains in soyoil, however there were small losses in soymeal. European rapeseed was lower as well […] Read more

WINNIPEG – The ICE Futures canola market was steady to lower on Friday morning, going along with the mixed sentiment in vegetable oils. Chicago soyoil was up while European rapeseed was down and Malaysian palm oil was mixed. Crude oil rose by approximately US$1 per barrel due to a tightening market. The Canadian dollar was […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange canola futures closed lower on Thursday, getting caught up in a general selloff in the commodities. Pressure on the Canadian oilseed also came from sharp losses in the Chicago soy complex, along with more modest declines in Europe rapeseed and Malaysian palm oil. Saskatchewan […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Thursday, following the vegetable oils to the downside. A trader said the spec traders were back “selling canola again,” after yesterday’s small gains in the Canadian oilseed. “Spec money in all the markets is flushing out a […] Read more

WINNIPEG – The ICE Futures canola market returned to weakness Thursday morning, dragged down by vegetable oils. Chicago soyoil and Malaysian palm oil were down to start the day, while European rapeseed was mostly lower. Although crude oil initially retreated after the United States Federal Reserve left its key interest rates unchanged, it has resumed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – Intercontinental Exchange canola futures tacked on slight gains Wednesday, taking back a little bit of the sharp losses they incurred this week. An analyst pointed to canola being oversold along with farmers holding back the oilseed until cash prices improved. Additional support for canola came from […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday, getting spillover from slight increases in Chicago soybeans, according to an analyst. Additional support cam from gains in Chicago soymeal and European rapeseed. However, pressure from losses in Chicago soyoil and Malaysian palm oil tempered further […] Read more

WINNIPEG – The ICE Futures canola market was mixed to start Wednesday off while comparable oils were also on both sides of unchanged. Chicago soyoil and Malaysian palm oil were down in the morning while European rapeseed was higher. Crude oil took a breather from its recent rally and declined. The Canadian dollar was up […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures dropped further in heavy trading on Tuesday, after significant weakness yesterday. As part of a general selloff in the markets, declines in Chicago soyoil and soybeans, as well as in Malaysian palm oil put pressure on canola. Meanwhile, upticks in Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued lower at midday Tuesday, but with declines not as severe as those at yesterday’s close. “There’s pressure from a lot of sources, but it’s holding up quite firmly,” said a trader, explaining that product values were down by a lot […] Read more