Futures

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Canola futures on the Intercontinental Exchange were lower on Thursday morning but remained above C$800 per tonne. Canola was getting pressure from losses in Chicago soyoil and European rapeseed. Gains in Chicago soymeal and soymeal, as well as Malaysian palm oil helped to temper further losses […] Read more

WINNIPEG — The ICE Futures canola market was in recovery mode on Wednesday, moving higher after Tuesday’s losses with mostly positive sentiment in comparable oils. Chicago soyoil climbed upwards with European rapeseed, but Malaysian palm oil was mixed. Crude oil was lower due to economic concerns in China and the European Union. Prior to the […] Read more

WINNIPEG – The ICE Futures canola market was in recovery mode on Wednesday, moving higher after Tuesday’s losses despite mixed sentiment in comparable oils. Chicago soyoil moved upwards, but prices for European rapeseed and Malaysian palm oil were both in the red and in the black. Crude oil was lower due to economic concerns in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – Canola futures on the Intercontinental Exchange were narrowly mixed on Wednesday morning, due to losses in comparable oils. The most traded contracts were either below or around the psychological level of C$800 per tonne. Pressure on canola came from declines in Chicago soybeans and soyoil, along […] Read more

WINNIPEG — The ICE Futures canola market took a plunge on Tuesday, ending a six-day rally for the oilseed, mainly due to a lack of support from vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all firmly in the red. Crude oil also went down due to supply increases as well as […] Read more

WINNIPEG – The ICE Futures canola market took a plunge on Tuesday, ending a six-day rally for the oilseed, mainly due to a lack of support from vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all firmly in the red. Crude oil also went down due to supply increases as well as […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – After six-consecutive sessions of gains, canola futures on the Intercontinental Exchange appear to be on their way to losses Tuesday, lacking support from comparable oils. There were declines in Chicago soyoil, European rapeseed and Malaysian palm oil. Global crude oil prices were slightly lower as well, […] Read more

WINNIPEG — The ICE Futures canola market extended its weeklong rally on Monday in the face of declining comparable oils. While Malaysian palm oil was up, Chicago soyoil, European rapeseed, and crude oil were lower. At mid-afternoon, the Canadian dollar was steady compared to Friday’s close. Light rainfall is expected for parts of southern Saskatchewan […] Read more

WINNIPEG – The ICE Futures canola market extended its weeklong rally on Monday, receiving some support from vegetable oils. Chicago soyoil was up nearly one United States cent per pound, while Malaysian palm oil was higher as well. European rapeseed was down in the nearby contracts but up in the deferreds. Crude oil was on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued its rally on Monday morning with double-digit gains coming out of the overnight session. Support for the Canadian oilseed came from gains in the Chicago soy complex, along with more modest upticks in European rapeseed and Malaysian palm oil. Increases […] Read more