Futures

WINNIPEG – The ICE Futures canola market took a tumble on Tuesday, following widespread weakness on other markets and erasing Monday’s gains. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red on Tuesday. Crude oil was also in decline at midday. One analyst said that prices after weather-driven rallies, like the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning in a correction from earlier gains. There’s pressure from declines in the Chicago soy complex as well as in European rapeseed and Malaysian palm oil. Global crude oil prices were down by a small amount, weighing […] Read more

WINNIPEG — The ICE Futures canola market began the week on the rise, following the leads of vegetable oils and getting support from dry conditions. Chicago soyoil, as well as European rapeseed and Malaysian palm oil were all in positive territory on Monday. Crude oil was also on the rise. The Canadian dollar was up […] Read more

WINNIPEG – The ICE Futures canola market began the week on the rise, following the leads of vegetable oils and getting support from dry conditions. Chicago soyoil, as well as European rapeseed and Malaysian palm oil were all in positive territory on Monday. Crude oil was steady to higher as the short-lived mercenary uprising by […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Monday morning as they followed stronger vegetable oils to the upside. There was spillover from good upticks in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Small gains in global crude oil prices […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 23 (MarketsFarm) – The ICE Futures canola market was weaker Friday, as speculative selling and relatively favourable Prairie weather conditions weighed on values ahead of the weekend. Losses in Chicago soybean and European rapeseed futures contributed to the declines, although soyoil and Malaysian palm oil were both higher. […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 23 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, finding itself caught up in a broad speculative selloff. Fund traders concerned over a global economic recession were selling off their positions in many markets, including canola, according to an analyst. Chicago soybeans and European […] Read more

WINNIPEG – The ICE Futures canola market extended its downturn on Friday morning despite relative strength in vegetable oils. Chicago soyoil and Malaysian palm oil were both higher, while European rapeseed was down. Crude oil fell by US$2 per barrel with the markets still assessing hawkish sentiments from the United States Federal Reserve. The Canadian […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 22 (MarketsFarm) – The ICE Futures canola market was weaker at Thursday’s close, seeing a profit-taking correction after recent gains. Losses in Chicago soybeans and European rapeseed futures accounted for some spillover selling pressure, although soyoil managed to post small gains after Wednesday’s limit-down losses. Crop conditions remain […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 22 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, seeing a profit-taking correction after recent gains. Losses in outside markets, including the Chicago soy complex and European rapeseed, contributed to the softer tone in canola. Crush margins lost roughly C$40 per tonne in Wednesday’s […] Read more