Futures

By Glen Hallick, MarketsFarm WINNIPEG, April 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midsession on Tuesday, in what a trader called a “corrective rebound.” The trader noted that canola had been on the upswing recently and today’s activity was rectifying the situation. He added that there appears to be little upside […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 11 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Tuesday morning, lacking any clear direction as participants squared positions ahead of the United States Department of Agriculture’s monthly supply/demand report. The USDA will release its report at 11:00 CDT, with any surprises in the data likely […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Monday in choppy activity, as large short positions in the nearby May contract still need to be dealt with. There was very little support for the Canadian oilseed in the outside markets. The Chicago soy complex was steady […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher at midsession on Monday, as trading resumed following the Easter holiday. The only contracts falling back were the sparsely traded deferred positions in 2024. An analyst commented there are still a large number of short positions to be […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 10 (MarketsFarm) – The ICE Futures canola market was mostly higher Monday morning, as activity resumed following the Easter long weekend. Grain markets were closed for Good Friday, while many government institutions in Canada and around the world remain shut Monday for Easter Monday. Overnight gains in Malaysian […] Read more

WINNIPEG — The ICE Futures canola market ended the trading week higher despite mixed sentiment in comparable oils. While European rapeseed made gains, Chicago soyoil and Malaysian palm oil were both in the red. Crude oil prices were steady to lower. There will be no ICE trading on Friday April 7 due to the Good […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, falling back with losses in other vegetable oils. The Chicago soy complex and Malaysian palm oil were lower, but there were small gains in European rapeseed. Global crude oil prices were relatively steady, providing little direction […] Read more

WINNIPEG – The ICE Futures canola market resumed its ongoing downturn on Wednesday, as losses in other vegetable oil markets spilled over to weigh on values. Chicago soyoil, European rapeseed and Malaysian palm oil all took steps back in trading. Crude oil was mixed, however, despite large draws in United States stockpiles. At mid-afternoon, the […] Read more

WINNIPEG – The ICE Futures canola market was continuing its recent decline at midday Wednesday with mixed sentiment in comparable oils. While Chicago soyoil was higher, both European rapeseed and Malaysian palm oil were down. Crude oil was taking a step back despite large draws from United States stockpiles. One trader said that weakness from […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, April 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, following declines in other vegetable oils. The Chicago soy complex, European rapeseed and Malaysian palm oil pulled back. Global crude oil prices were relatively steady, providing little direction to the veg oils. Although canola crush margins […] Read more