Futures

WINNIPEG – The ICE Futures canola market was in positive territory on Thursday morning after three straight days in the red. Chicago soyoil was up, as well as European rapeseed and Malaysian palm oil, providing support for the oilseed. However, crude oil was lower due to demand concerns. The Canadian dollar was up three-tenths of […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, seeing follow-through selling pressure after Tuesday’s sharp drop. Relatively favourable Prairie crop conditions as seeding operations near completion contributed to the declines. Early losses in crude oil and Chicago soyoil were also bearish, although soyoil found […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was lower at midday Wednesday, seeing follow-through selling pressure after Tuesday’s drop to contract lows. Losses in crude oil and Chicago soyoil contributed to the softer tone in canola, with relatively favourable Prairie crop conditions also weighing on values. Manitoba […] Read more

WINNIPEG – The ICE Futures canola market extended Tuesday’s downturn to go along with weakness in comparable oils. Chicago soyoil was down as well as Malaysian palm oil, while European rapeseed was mostly lower. Crude oil also declined after the release of underwhelming economic data from China. The Canadian dollar was down more than one-tenth […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 30 (MarketsFarm) – The ICE Futures canola market was down sharply on Tuesday, hitting contract lows in many months as speculative chart-based selling built on itself.   Losses in crude oil spilled over to weigh on most vegetable oil markets, with declines in Chicago soyoil, European rapeseed and […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 30 (MarketsFarm) – The ICE Futures canola market was sharply weaker on Tuesday, dropping below chart support as losses in outside markets spilled over to weigh on values. Crude oil, Chicago soyoil, European rapeseed and Malaysian palm oil were all weaker, dragging the Canadian oilseed down as well. […] Read more

WINNIPEG – The ICE Futures canola market was lower on Tuesday morning, receiving spillover from weakness in comparable oils. Chicago soyoil lost more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also down. Crude oil fell by more than two U.S. cents per barrel due to risk-off sentiment […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 29 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, testing chart support in thin trade as markets in the United States were closed for Memorial Day. Losses in European rapeseed futures and a firmer tone in the Canadian dollar contributed to the declines in canola. Good […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 29 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Monday, although activity was thin and choppy with markets in the United States closed for Memorial Day. Losses in European rapeseed futures and a firmer tone in the Canadian dollar were both bearish for […] Read more

WINNIPEG – The ICE Futures canola market was lower on Monday morning, following weakness in comparable oils. Malaysian palm oil was down while European rapeseed was mostly lower. Crude oil was also showing weakness after Alberta-based Crescent Point Energy Corp. said it has resumed oil refinery production after being shut down by wildfires. The United […] Read more