Futures

WINNIPEG — The ICE Futures canola market surged on Friday, with a bullish reaction to the data in the soy complex. Chicago soyoil gained four U.S. cents per pound while European rapeseed and Malaysian palm oil were also on the rise. Crude oil also made gains after a reported decline in United States stockpiles. At […] Read more

WINNIPEG – The ICE Futures canola market surged on Friday, squaring up positions ahead of the Canada Day weekend. Chicago soyoil gained more than two U.S. cents per pound while European rapeseed and Malaysian palm oil were also on the rise. Crude oil also made gains after a reported decline in United States stockpiles. One […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 30 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, seeing a continuation of Thursday’s corrective bounce as traders adjust positions ahead of the long weekend. Canadian markets will be closed Monday for Canada Day, while markets in the U.S. will shut down Tuesday, July 4, […] Read more

WINNIPEG — The ICE Futures canola market made gains during Thursday trading while comparable oils were mixed. Chicago soyoil was lower, while European rapeseed and Malaysian palm oil were both in positive territory. Crude oil was also higher after hawkish comments from United States Federal Reserve chair Jerome Powell. At mid-afternoon, the Canadian dollar was […] Read more

WINNIPEG – The ICE Futures canola market made gains during Thursday trading along with comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory, while crude oil was also higher after hawkish comments from United States Federal Reserve chair Jerome Powell. The Canadian dollar was up one-tenth of a U.S. […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 29 (MarketsFarm) – The ICE Futures canola market was mostly higher Thursday morning, with only the nearby July contract posting losses as traders exit the front month ahead of its expiry. Chart-based positioning was behind some of the early buying interest in canola, amid ideas Wednesday’s losses were […] Read more

WINNIPEG – The ICE Futures canola market was pulled down on Wednesday due to the latest acreage figures from Statistics Canada (StatCan) and weakness in U.S. grain markets. StatCan projected 22.08 million acres of canola to be planted in 2023, representing a 3.2 per cent increase from the year before. Prices for Chicago soyoil and […] Read more

WINNIPEG – The ICE Future canola market was pulled down on Wednesday after the latest acreage figures from Statistics Canada (StatCan), as well as spillover from weakness in other markets. StatCan projected 22.1 million acres of canola to be planted in 2023, representing a 3.2 per cent increase from the year before. Chicago soyoil and […] Read more

By Glen Hallick, MarketsFarm WINNIPEG – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning following the release of the survey-based Statistics Canada report on planted acres. Canola acres for 2023/24 came in higher than trade expectations as StatCan pegged them at nearly 22.1 million, compared to the 21.4 million seeded last year. Total […] Read more

WINNIPEG – The ICE Futures canola market was down by double digits on Tuesday before making up some ground by the end of trading. The northern and eastern Prairies are expecting some rain over the next five days, but dryness is in the forecast for the Canada Day weekend. Chicago soyoil finished higher, while European […] Read more