Futures

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 9 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, taking some direction from losses in outside markets. Declines in crude oil were spilling into world vegetable oil markets, with Chicago soyoil down sharply at midday. Concerns over a diplomatic dispute between Canada and China […] Read more

WINNIPEG – The ICE Futures canola market was lower to begin the day, following the lead of comparable oils. Chicago soyoil and European rapeseed were both down while Malaysian palm oil was mixed. Crude oil was also losing ground this morning. The Canadian dollar was down nearly one-quarter of a United States cent compared to […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 8 (MarketsFarm) – The ICE Futures canola market was mixed at Monday’s close after trading to both sides of unchanged in choppy activity. The nearby July contract moved lower while the deferred months were all higher, with the narrowing old/new crop spread a feature. Chicago soyoil, European rapeseed […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 8 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, retreating from earlier gains as a downturn in the Chicago soy complex weighed on values. European rapeseed and Malaysian palm oil futures were both lower on the day, accounting for some of the spillover selling […] Read more

WINNIPEG – The ICE Futures canola market was stronger to start the week, with nearby contracts making greater gains than the deferreds. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was mostly lower. Crude oil bounced higher by approximately US$2 per barrel this morning. The Canadian dollar was up by more than […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures made sharp gains on Friday, due to a surge in comparable oils. There were large upswings in Chicago soybeans and soyoil, along with those in Malaysian palm oil. Meanwhile, Chicago soymeal and European rapeseed experienced much more moderate upswings. A spike […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Friday, benefitting from a surge in comparable oil prices. There were strong upswings in Chicago soybeans and soyoil as well as Malaysian palm oil, but soymeal and European rapeseed were up modestly. After taking hard hits earlier this […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Thursday, with a small decline in the old crop July contract. Trading in the July accounted for more than half of today’s activity. Canola spent much of the session vacillating between either side of steady, as the Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures gave up small gains late Thursday morning, turning lower. Although there were upticks in Chicago soyoil they only tempered further losses in canola. Declines in soybeans and soymeal, as well as European rapeseed and Malaysian palm oil weighed on values. An […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 4 (MarketsFarm) – The ICE Futures canola market was posting small losses Thursday morning, seeing some consolidation after Wednesday’s gains. Losses in Chicago soybeans accounted for some spillover selling pressure in the Canadian oilseed, with recent weakness in crude oil also bearish for the agricultural markets in general. […] Read more