Futures

By Glen Hallick, MarketsFarm WINNIPEG, May 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed at midday Tuesday, after the Canadian markets were closed for Victoria Day. While there were gains in the old crop July contract, the new crop positions were mixed, with losses in the November and January contracts. Over the long […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 23 (MarketsFarm) – The ICE Futures canola was mixed Tuesday morning as activity resumed following the Victoria Day long weekend. The nearby July contract was posting solid gains, while the more deferred new crop months were lower. The Chicago soy complex was stronger on Monday when Canadian markets […] Read more

WINNIPEG — The ICE Futures canola market finished the week lower to go along with mixed prices for comparable oils. Speculative selling contributed to the declines, with the move below the psychological C$700 per tonne level in the nearby July contract bearish from a chart standpoint. There will be no canola trading on Monday due […] Read more

WINNIPEG – The ICE Futures canola market was mixed on Friday despite rising prices for comparable oils. There will be no canola trading on Monday due to the Victoria Day holiday. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also showed some strength amid optimism that the United States government […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures gave up overnight gains and were turning lower on Friday morning. Increases in global crude oil prices were fading, with spillover still going to the vegetable oils. Support for canola came from gains in the Chicago soy complex and Malaysian palm […] Read more

WINNIPEG — The ICE Futures canola market extended its downturn on Thursday despite mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were both up, while Malaysian palm oil was down. Crude oil lost more than US$1 per barrel due to recession fears and speculation the United States Federal Reserve will raise interest rates […] Read more

WINNIPEG – The ICE Futures canola market extended its downturn on Thursday despite mixed sentiment in comparable oils. Chicago soyoil was higher to start the day, while Malaysian palm oil was lower and European rapeseed was mixed. Crude oil eased off after making large gains on Wednesday. One analyst said that one major influence on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning due to declines in most comparable oils. The Chicago soy complex and Malaysian palm oil were to the downside, while there were upticks in European rapeseed. Global crude oil prices were slightly lower, adding more pressure […] Read more

WINNIPEG – The ICE Futures canola market was in decline on Wednesday due to pressure from vegetable oils. Chicago soyoil extended its losses, as well as those for European rapeseed and Malaysian palm oil. However, crude oil gained more than US$2 per barrel due to optimism over the United States government raising its debt ceiling. […] Read more

WINNIPEG – The ICE Futures canola market was in decline on Wednesday due to pressure from vegetable oils. Chicago soyoil extended its losses, as well as those for European rapeseed and Malaysian palm oil. However, crude oil showed some strength, providing support for canola prices. One analyst said the overall weakness in the Chicago soy […] Read more