Futures

WINNIPEG – The ICE Futures canola market showed independence on Thursday morning while being pressured by numerous factors. European rapeseed was up, but Chicago soyoil and Malaysian palm oil were down to start the day. Crude oil was also lower despite recent large purchases by Asian refineries. The Canadian dollar was up by nearly two-tenths […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 9 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, as speculative positioning and relatively favourable Prairie weather conditions weighed on values. Canola was also still rebalancing itself relative to the Chicago soy complex, which moved lower on Monday when Canadian markets were closed for a […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 9 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Wednesday, as the Canadian oilseed continued to rebalance itself relative to the Chicago soy complex in choppy trade. While soybeans and soyoil were firmer at midday, they had moved sharply lower on Monday when […] Read more

WINNIPEG – The ICE Futures canola market showed small declines on Wednesday morning to go with mixed sentiment in comparable oils. While Chicago soyoil and Malaysian palm oil were up to start the day, European rapeseed was mostly lower. Crude oil was also higher this morning, expanding on Tuesday’s gains. The Canadian dollar was up […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The ICE Futures canola market was mostly lower on Tuesday as activity resumed after the August long weekend. Soybean and soyoil futures in Chicago were down sharply on Monday when Canadian markets were closed for civic holidays, with much of Tuesday’s selling pressure in canola […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 8 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, taking some direction from the Chicago soy complex. Soybean and soyoil futures were down sharply on Monday when Canadian markets were closed for civic holidays and remained pointed lower on Tuesday. Improving moisture conditions across […] Read more

WINNIPEG – The ICE Futures canola market plunged coming out of the August long weekend, pressured by weather and weakness in comparable oils. Chicago soyoil was down more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also lower. Crude oil lost more than one U.S. dollar per barrel […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 4 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, with chart-based positioning a feature as traders adjusted positions ahead of the long weekend. The canola market will be closed Monday for Terry Fox Day, while grains and oilseeds in the United States will trade their […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Aug. 4 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, seeing a continuation of Thursday’s bounce ahead of the long weekend. The canola market will be closed Monday for Terry Fox Day with many other Canadian institutions also closed for provincial holidays. Gains in Chicago […] Read more

WINNIPEG – The ICE Futures canola market added onto the gains it made on Thursday while receiving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the day. Crude oil also made gains due to production cuts by Saudi Arabia and Russia, as well as a record […] Read more