Futures

WINNIPEG – The ICE Futures canola market lacked direction on Wednesday morning, due to largely negative sentiment in comparable oils. Chicago soyoil was down, while European rapeseed and Malaysian palm oil were mixed. Crude oil declined as traders await an interest rate decision from the United States Federal Reserve later today. The Canadian dollar was […] Read more

WINNIPEG — The ICE Futures canola market showed weakness on Tuesday, with the November and January contracts briefly falling below the C$800 per tonne mark. Malaysian palm oil was down, while European rapeseed was mostly lower. Chicago soyoil turned around to end the day higher. Meanwhile, crude oil made gains due to tightening supply and […] Read more

WINNIPEG – The ICE Futures canola market showed weakness in the middle of trading on Tuesday, with the November and January contracts briefly falling below the C$800 per tonne mark. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. Crude oil made gains due to tightening supply and China’s planned […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Tuesday morning as the market corrected following a series of gains. Pressure on canola came from losses in Chicago soybeans and soyoil, along with those in Malaysian palm oil and most European rapeseed contracts. Chicago soymeal was slightly […] Read more

WINNIPEG – Intercontinental Exchange (ICE) canola futures closed higher on Monday but faded from much stronger gains earlier in the session. Recent missile and drone attacks on Ukrainian ports carried out by Russia and the ongoing drought across the Canadian Prairies provided the main impetus for today’s increases. Additional support came from strong upticks in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midday Monday, due to the latest developments in the Russia-Ukraine war and the conditions on the Canadian Prairies. Russia launched missile and drone attacks on the Ukrainian port of Odesa as well as ports on the Danube River. […] Read more

WINNIPEG – The ICE Futures canola market returned to its rally on Monday after tumbling on Friday. Chicago soyoil was up, as well as European rapeseed and Malaysian palm oil. Crude oil was also making gains, as traders weigh a possible interest rate hike from the United States Federal Reserve and tightening supplies. The Canadian […] Read more

WINNIPEG — The ICE Futures canola market took a step back from its prolonged weather-driven rally, despite mixed sentiment in comparable oils. Chicago soyoil rose, but European rapeseed and Malaysian palm oil were both lower. Crude oil was higher due to supply cuts from Russia and a slowly recovering Chinese economy. At mid-afternoon, the Canadian […] Read more

WINNIPEG – The ICE Futures canola market was taking a step back after nine straight positive sessions, despite mixed sentiment in comparable oils. Chicago soyoil was on the rise, but European rapeseed and Malaysian palm oil were both lower. Crude oil was higher due to supply cuts from Russia and a slowly recovering Chinese economy. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – After nine consecutive days of gains, Intercontinental Exchange (ICE) canola futures started Friday with double-digit losses in the most heavily traded contracts, in what could be a round of profit-taking. Pressure on the Canadian oilseed was coming from sharp declines in European rapeseed, along with more […] Read more