Futures

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was slightly weaker Wednesday morning, seeing some consolidation after trending higher for the past two weeks. Losses in the Chicago soy complex accounted for some spillover selling pressure in the Canadian oilseed, with sharp declines in European rapeseed also weighing […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Tuesday, largely due to strong gains in the Chicago soy complex. The United States Environmental Protection Agency is set to announce new biodiesel blending requirements on Wednesday. In turn, that has generated a great deal of short covering […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise at midday Tuesday, riding spillover from gains in the Chicago soy complex. A trader said there has been a good amount of short covering going on the Chicago soyoil, ahead of tomorrow’s announcement by the United States […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 13 (MarketsFarm) – The ICE Futures canola market was posting solid gains Tuesday morning, hitting its highest levels in more than three weeks as gains in outside markets provided spillover support. Declining crop ratings for the United States soybean crop sent the Chicago soy complex climbing higher, with […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Monday with gains in the most heavily-traded contracts. The vegetable oils fought against sharp losses in crude oil after Goldman Sachs forecast weaker global demand and increased supplies in 2023. European rapeseed ended the day with gains while […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower at midday Monday, however there was a slight uptick in the old crop July contract. There were sharp declines in global crude oil prices after Goldman Sachs projected weaker global demand and increased supplies in 2023. However, the […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 12 (MarketsFarm) – The ICE Futures canola market traded to both sides of unchanged in overnight activity but turned lower as Monday’s day session got underway with the largest losses in the new crop months. The Chicago soy complex was mixed to start the week, with gains in […] Read more

WINNIPEG – The ICE Futures canola market closed the week on a high note, receiving support from comparable oils. Chicago soyoil was up more than two United States cent per pound, while European rapeseed and Malaysian palm oil also made major gains. Crude oil, however, was in the red at mid-afternoon. The Canadian dollar was […] Read more

WINNIPEG – The ICE Futures canola market looked to close the week on a high note, receiving support from comparable oils. Chicago soyoil was up more than one United States cent per pound, while European rapeseed and Malaysian palm oil also made major gains. Crude oil was also in positive territory after U.S. officials denied […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were a pinch lower on Friday morning in choppy trading. Along with support from Chicago soybeans and soyoil, there were strong gains in European rapeseed and Malaysian palm oil. Chicago soymeal was down a little. Global crude oil prices have turned […] Read more