Futures

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures completed a week of gains on Friday, by largely riding the spillover from increases in the Chicago soy complex. Chicago soy was higher with additional support for canola coming from upticks in European rapeseed. Modest increases in global crude oil prices […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on track at midday Friday for the fifth consecutive day of gains. Although support from Chicago soyoil was much more muted than previously this week, increases in soybeans and soymeal added to the spillover heading to canola. Upticks in European […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 18 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, seeing a continuation of its weeklong rally. Gains in Chicago soyoil and European rapeseed futures provided spillover support, although Malaysian palm oil was lower on the day. The November contract was trading just below the psychological […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Thursday, but gains faded during the final hour of trading. The nearby November failed to hang on to enough support to remain above the psychological level of C$800 per tonne. Support for the Canadian oilseed came from strong […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Thursday, being pulled along by gains in Chicago soyoil. A trader said canola is currently relatively cheap when compared to soyoil and that needs to change, noting there’s little in canola pushing up its price. He added […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 17 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, seeing a continuation of the corrective bounce off nearby lows that has supported prices all week. Gains in Chicago soyoil provided spillover support, with Malaysian palm oil also higher on the day. Chart signals contributed to […] Read more

WINNIPEG, Aug. 16 (MarketsFarm) – The ICE Futures canola market hit its strongest levels in just over a week on Wednesday, as gains in outside markets provided spillover support. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all stronger on the day. Bullish chart signals contributed to the gains in canola, as prices […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 16 (MarketsFarm) -The ICE Futures canola market was posting solid gains at midday Wednesday, finding spillover support from advances in outside markets. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all stronger on the day, although crude oil held near unchanged. Bullish chart signals contributed to […] Read more

  By Glen Hallick, MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – After two days of increases, Intercontinental Exchange (ICE) canola futures continued climb upward on Wednesday morning, gleaning support from comparable oils. There were gains in the Chicago soy complex, European rapeseed and Malaysian palm oil. Small upticks in global crude oil prices only lent a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished higher for a second session on Tuesday, with prices above the 200-day moving average. Gains in Chicago soyoil, European rapeseed and Malaysian  palm oil provided support for canola’s upswing. However, sharp declines in Chicago soybeans and soymeal held back the […] Read more