Futures

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday, due to pressure from other vegetable oils. There were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Small gains in global crude oil prices provided a little bit of support for the veg […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower at midsession on Friday, giving up earlier gains. “There’s no reason canola should trade higher today,” an analyst commented. There were declines in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Global crude […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 14 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, with chart-based positioning ahead of the weekend behind some of the activity. Speculators are still holding large short positions in the nearby canola contracts and have been busy covering those positions and rolling into the more […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lost their gains from earlier in the session on Thursday, finishing with small losses. Traders continuing to exit their short positions provided the upward momentum for canola, but losses in other oilseeds were too much to fend off. European rapeseed, Malaysian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession on Thursday, in what an analyst quipped, “the mystery of the day.” The strongest gains were in the old crop months as traders continued to exit their short positions. “The new crop months are far more tepid […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 13 (MarketsFarm) – The ICE Futures canola market was mixed Thursday morning, with gains in the front months and a softer tone in the new crop contracts. European rapeseed and Malaysian palm oil futures were both lower on the day, accounting for some spillover selling pressure in the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Wednesday, getting hit with spillover from sharp losses in Malaysian palm oil and European rapeseed. Only the nearby May canola contract was higher. Pressure on the Canadian oilseed also came from losses in Chicago soyoil. Meanwhile soybeans […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker at midsession on Wednesday, with double-digit losses in the new crop positions. An analyst said pressure from a sharp drop in Malaysian palm oil prices was to blame. He warned the new crop November canola contract could fall below […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 12 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, seeing a continuation of Tuesday’s downturn. Losses in Chicago soyoil accounted for some spillover selling pressure in the Canadian oilseed. Malaysian palm oil and European rapeseed futures also posted sharp declines overnight. Speculative positioning was expected […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday in a correction from recent gains. There was a little bit of pressure on the Canadian oilseed from small losses in European rapeseed. Gains in the Chicago soy complex as well as Malaysian palm oil tried to […] Read more