Futures

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 7 (MarketsFarm) – The ICE Futures canola market was slightly weaker Friday morning, backing away from the four-month highs hit Thursday as traders squared positions ahead of the weekend. Relatively milder temperatures and increased chances of precipitation in some dry areas of Western Canada contributed to the selling […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lost its gains to finish slightly lower on Thursday. Pressure from losses in comparable oils overpowered support from dry conditions across much of the Prairies. Temperatures across the regions to rise above normal next week with very little rain in the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued higher at midday Thursday, as the Canadian Prairies remained on the dry side with temperatures likely to be above normal come next week. As canola remained in a weather market, an analyst said the only precipitation the region could see […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 6 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Thursday morning, seeing some consolidation after Wednesday’s rally. While hot and dry long-range forecasts helped keep a weather premium in the market, recent gains were thought to be looking overdone. Losses in Chicago soyoil futures were also […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished stronger on Wednesday, after a session in which the Canadian oilseed lost much of its gains only to bounce back. Support for canola came from strong upticks in Chicago soyoil and modest increases in Malaysian palm oil. While European rapeseed […] Read more

WINNIPEG – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday, but as with yesterday’s trading, those gains were fading. “This only gets us back to the previous highs from a few days ago,” an analyst commented. Support for canola was coming from upticks in Chicago soyoil, but as soybeans turnaround to fall back […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 5 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, retesting the session-highs hit Tuesday when markets in the United States were closed for Independence Day. The Chicago soy complex was stronger in early trade, providing spillover support for the Canadian oilseed. European rapeseed futures were […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Tuesday, but those gains faded sharply towards the end of the session. While the ICE canola market resumed trading today after Monday’s holiday, the markets in the United States are closed to mark Independence Day. Trading at the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise at midday Tuesday, as trading resumed after Monday’s holiday. Canola continued to build on the sharp gains it made on Friday, following the reports from the United States Department of Agriculture that cut soybean acres and reduced […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, July 4 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, as activity resumed after the Canada Day long weekend and values caught up with the Chicago soy complex. Markets in the United States were closed today for Independence Day, but soyoil and soybeans were both sharply […] Read more