Futures

By Glen Hallick, MarketsFarm WINNIPEG, March 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued higher at midsession on Thursday, as the funds continued to push prices higher, according to a trader. “They will keep it going as long as they can,” he said, but warned the outside markets were showing signs of resistance. The […] Read more

WINNIPEG – The ICE Futures canola market was higher on Thursday morning due to increases in comparable oils. European rapeseed and Malaysian palm oil were making gains  while Chicago soyoil was steady. Crude oil was also advancing due to a weaker United States dollar. The Canadian dollar was up more than two-tenths of a U.S. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished with another round of gains on Wednesday as the funds continued to get out of their short positions. Increases in the Chicago soy complex, European rapeseed and Malaysian palm oil provided additional support for canola. Slightly lower global crude oil […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession on Wednesday, dominated by the funds getting out of their very large short positions. Additional support for canola came from small gains in Chicago soybeans and soyoil, along with slight upticks European rapeseed and Malaysian palm oil. […] Read more

WINNIPEG – The ICE Futures canola market sought its fifth straight day of gains on Wednesday while being lifted by comparable oils. European rapeseed and Malaysian palm oil were on the rise, but Chicago soyoil was lower to start the day. Crude oil was also advancing because of Kurdistan’s halt to its exports. The Canadian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to regain lost ground on Tuesday as the funds were exiting their short positions. Added support for canola came from upswings in the Chicago soy complex and Malaysian palm oil. European rapeseed ended the day mixed. Modest upticks in crude […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession on Tuesday, as the funds continued to get out of their very large short positions. “It’s a very impressive rally in canola,” commented an analyst. “Any short position established after March 14 is underwater right now,” he […] Read more

WINNIPEG – The ICE Futures canola market is mixed on Tuesday morning with gains in the nearby May contract and losses in the deferreds. Chicago soyoil was slightly lower, while European rapeseed and Malaysian palm oil were higher. Crude oil was down one day after prices surged due to curbed exports from the Iraqi region […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures started the new week the same way it ended the previous one – with gains as the funds continued to scamper out of their near record short positions. Additional support came from good gains in the Chicago soy complex, European rapeseed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher at midsession on Monday, as there’s a massive short in the nearby May contract with the funds now looking to get out of them. Also, canola was gleaning support from upswings in comparable oils. There were strong gains […] Read more