Futures

WINNIPEG — The ICE Futures canola market settled with solid gains on Thursday, recovering from earlier losses as a rally in Chicago soyoil provided support. Weather uncertainty on the Prairies also boosted canola prices. Chicago soyoil surged and European rapeseed showed strength, while Malaysian palm oil was lower. Crude oil also moved lower today on […] Read more

WINNIPEG – The ICE Futures canola market was higher for the July contract but lower for the deferreds in the middle of trade on Thursday. Chicago soyoil and European rapeseed were both showing strength, while Malaysian palm oil was lower. Crude oil moved lower today on speculation the United States Federal Reserve is set for […] Read more

WINNIPEG – Intercontinental Exchange (ICE) canola futures slipped on Thursday morning, due to a lack of sufficient support from comparable oils. Chicago soyoil and European rapeseed were up but Malaysian palm oil was lower. Additional pressure came from small losses in Chicago soybeans while soymeal eased back. Small upticks in global crude oil prices provided […] Read more

WINNIPEG — The ICE Futures canola market was steady to higher on Wednesday, hours after the latest key interest rate announcement by the Bank of Canada. The country’s central bank decided to raise its key interest rate by 25 basis points to 4.75 per cent on Wednesday morning in an effort to combat inflation. At […] Read more

WINNIPEG – The ICE Futures canola market was lower on Wednesday as early strength in the oilseed was erased after the latest key interest rate announcement by the Bank of Canada. The country’s central bank decided to raise its key interest rate by 25 basis points to 4.75 per cent on Wednesday morning in an […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures inched upward on Wednesday morning, with nearly all of the activity concentrated in the July and November contracts. Modest upticks in global crude oil prices lent support to the vegetable oils, such as to Malaysian palm oil. However, European rapeseed and […] Read more

WINNIPEG — The ICE Futures canola market made gains on Tuesday following the leads of Chicago soyoil and European rapeseed. The prices for both products surged, while Malaysian palm oil was mostly lower. Crude oil had a correction, showing some weakness despite Saudi Arabia’s plans to cut production starting in July. At mid-afternoon, the Canadian […] Read more

WINNIPEG – The ICE Futures canola market was making double-digit gains in the middle of trading on Tuesday despite mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were up, but Malaysian palm oil was mostly lower. Crude oil had a correction, moving downwards despite Saudi Arabia’s plans to cut output starting in July. […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The wall of a Russian-controlled hydroelectric dam in southern Ukraine collapsed earlier today with both countries blaming the other for the emergency. The damage to the Kakhovka dam near the city of Kherson on the Dnieper River threatens […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly higher on Tuesday morning, despite losses in comparable oils. There were declines in Chicago soyoil and Malaysian palm oil, but upticks in European rapeseed. Additional support came from increases in Chicago soybeans and soymeal. Global crude oil prices were […] Read more