Futures

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures pushed higher midday Tuesday, continuing to build on the gains made yesterday as prices climbed above the 200-day moving average. Support for the Canadian oilseed came from increases in Chicago soyoil, European rapeseed and Malaysian palm oil. However, there was pressure […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 15 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing some follow-through buying interest after Monday’s move higher. Chart signals contributed to the gains, as the November contract moved back above its 200-day moving average. Gains in Chicago soyoil provided additional spillover support, with Malaysian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Monday in a turnaround from Friday’s losses. Support for the Canadian oilseed came from strong upticks in the Chicago soy complex. Losses in European rapeseed tempered further gains, while Malaysian palm oil was relatively steady. Slight declines in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher midday Monday, getting a fresh week off to a positive start after Friday’s losses. “But it’s leaked back since the overnight trade,” an analyst commented. Canola was moving upward largely on its own, getting some support from modest gains […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 14 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, seeing a modest correction to start the week after hitting its lowest levels in a month on Friday. Gains in Chicago soybeans and soyoil provided spillover support for the Canadian oilseed, although European rapeseed and Malaysian […] Read more

WINNIPEG, Aug. 11 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, falling below nearby chart support as losses in Chicago soybeans spilled over to weigh on values. The November contract had traded just above the C$770 per tonne level on several occasions over the past week, but finally fell below that point […] Read more

    By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 11 (MarketsFarm) -The ICE Futures canola market was posting small losses at midday Friday in thin and choppy trade as participants await the latest supply/demand estimates from the United States Department of Agriculture. Updated production estimates and any revisions to carryout stock numbers will be followed […] Read more

WINNIPEG – The ICE Futures canola market made small gains on Friday morning while being lifted by comparable oils. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was mostly higher to start the day. Crude oil was slightly on the positive side of unchanged. The Canadian dollar was down nearly three-tenths of […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The ICE Futures canola market settled with small losses on Thursday after trading to both sides of unchanged in choppy activity. Relatively favourable Prairie weather conditions and the looming harvest accounted for some of the selling pressure. However, the futures ended off their lows for […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 10 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Thursday, lacking any clear direction in choppy trade. The nearby November contract uncovered chart support around the C$770 per tonne level to trade well off that point by midsession. Gains in Chicago soybeans and a […] Read more