Futures

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

WINNIPEG — The ICE Futures canola market was lower after a back-and-forth session on Monday despite high temperatures and dry conditions on the Prairies. Chicago soyoil was down, while European rapeseed and Malaysian palm oil were both on the rise. Crude oil was up US$1 per barrel after Saudi Arabia announced it will cut production […] Read more

WINNIPEG – The ICE Futures canola market was lower coming out of the weekend despite ongoing dryness in the Prairies. While Chicago soyoil was down, European rapeseed and Malaysian palm oil were both on the rise. Crude oil was also up after Saudi Arabia announced it will cut production by one million barrels per day […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, June 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures are higher on Monday morning, getting support from some of the comparable oils. There were strong upswings in Malaysian palm oil and more modest gains in European rapeseed. While Chicago soyoil eased back a little, there were increases in soybeans and […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 2 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, seeing a continuation of Thursday’s corrective bounce off contract lows to end the week as traders squared positions amid ideas recent losses were overdone. Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 2 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, finding spillover support from gains in the Chicago soy complex. European rapeseed and Malaysian palm oil futures were also higher, while the Canadian dollar was holding relatively steady after posting solid advances earlier in the […] Read more

WINNIPEG – The ICE Futures canola market was up entering the weekend, gaining strength from comparable oils. Chicago soyoil and Malaysian palm oil were both higher, while European rapeseed was mostly lower. Crude oil almost gained US$2 per barrel this morning as traders turned their focus towards the OPEC+ meeting in Vienna on Sunday. The […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, seeing a chart-based correction amid ideas recent losses were overdone.   Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed and Malaysian palm oil all higher on the day. Strength in crude oil […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was mixed at midday Thursday, with losses in the nearby July contract and gains in the more deferred months as the old/new crop spread narrowed in. Ideas that recent losses were overdone accounted for some of the buying interest, with […] Read more