Futures

WINNIPEG – The ICE Futures canola market saw prices drop further down due to pressures from harvest and vegetable oils. Statistics Canada (StatCan) also reported a 13.7 per cent rise in canola ending stocks as of July 31 compared to last year at 1.506 million tonnes. Chicago soyoil, European rapeseed and Malaysian palm oil were […] Read more

WINNIPEG –  The ICE Futures canola market was weaker Friday morning, posting losses for the fourth-straight session as speculative selling and seasonal harvest pressure weighed on values. Statistics Canada pegged canola stocks in the country as of July 31, 2023, at 1.506 million tonnes, which was at the higher end of trade expectations with an […] Read more

WINNIPEG -– The ICE Futures canola market suffered double-digit losses for the second time in three sessions, dragged down by vegetable oils and lack of user demand. Chicago soyoil was down by more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also in the red. Crude oil also […] Read more

WINNIPEG – The ICE Futures canola market suffered double-digit losses for the second time in three sessions, dragged down by vegetable oils. Chicago soyoil was down by more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also in the red. Crude oil was mostly unchanged in the middle […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 7 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, as bearish chart signals and seasonal harvest pressure continued to weigh on values. Losses in outside markets, including Chicago soyoil and Malaysian palm oil futures, added to the softer tone in canola. However, European rapeseed was […] Read more

WINNIPEG — The ICE Futures canola market extended its losses on Wednesday while comparable oils had mixed sentiment. Chicago soyoil was lower, but European rapeseed and Malaysian palm oil were on either side of unchanged. Meanwhile, crude oil was in positive territory, adding onto gains made the previous day. At mid-afternoon, the Canadian dollar was […] Read more

WINNIPEG – The ICE Futures canola market extended its losses suffered on Tuesday while comparable oils had mixed sentiment. Chicago soyoil was lower, but European rapeseed and Malaysian palm oil were on either side of unchanged. Crude oil was in negative territory, correcting itself from the gains made one day earlier. The Canadian dollar was […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Wednesday morning, seeing some consolidation after Tuesday’s sharp drop. The move below C$800 per tonne in the November contract was bearish from a chart standpoint, although the market was attempting to recover back above that point in overnight […] Read more

WINNIPEG — The ICE Futures canola market took a tumble coming out of the Labour Day long weekend, testing the C$800 per tonne support level. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to begin the week. However, crude oil made strong gains after Saudi Arabia and Russia announced supply cuts until […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 5 (MarketsFarm) – The ICE Futures canola market was posting small losses Tuesday morning but held well within its established trading range as activity resumed following the Labour Day weekend. Declines in outside markets, including Chicago soyoil and Malaysian palm oil, accounted for some of the spillover selling […] Read more