Futures

WINNIPEG – After prices bounced back following two weeks of losses, the ICE Futures canola market was consolidating its gains on midday Friday. Both Chicago soyoil and European rapeseed moved higher, while Malaysian palm oil and crude oil have taken losses. One trader explained that canola’s rise was the product of a “complicated situation.” While […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise Friday morning along with European rapeseed and Chicago soyoil. This was despite sharp declines in global crude oil prices which weighed on values for Malaysian palm oil as well as Chicago soybeans and soymeal. Crush margins took […] Read more

WINNIPEG — The ICE Futures canola market rebounded on Thursday after two weeks of losses despite a major downturn in the Chicago soy complex. Chicago soyoil suffered its worst loss since Dec. 1, while Malaysian palm oil and crude oil also closed lower. However, European rapeseed ended the day with positivity. On Wednesday, the United […] Read more

WINNIPEG – The ICE Futures canola market was slightly weaker due to mixed sentiment in comparable oils. While the Chicago soy complex and Malaysian palm oil continued to drag canola prices down, gains in European rapeseed and crude oil were limiting canola’s losses. One analyst said that canola is in a “falling knife market”, unsure […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed on Thursday morning, giving up overnight gains. Pressure on canola came from declines in the Chicago soy complex and Malaysian palm oil, while upticks in European rapeseed offered support. Global crude oil prices were a pinch higher, providing […] Read more

WINNIPEG – After hitting a 21-month low on Tuesday, the ICE Futures canola market extended its losses further on Wednesday. The Chicago soy complex retreated yet again, while European rapeseed and Malaysian palm oil were also lower. Crude oil gained more than US$1 per barrel due to declining United States stockpiles and the Federal Reserve’s […] Read more

WINNIPEG – After hitting a 21-month low on Tuesday, the ICE Futures canola market was extending its losses on Wednesday. The Chicago soy complex retreated yet again, while European rapeseed and Malaysian palm oil were also lower. Crude oil was making slight gains due to declining United States stockpiles. Traders are awaiting an announcement from […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower in heavy trading on Wednesday morning, as pressure from losses in comparable oils pushed prices down to levels unseen in about two years. The Chicago soy complex was weaker, although soyoil stepped back slightly. However, there were more substantial […] Read more

WINNIPEG — The ICE Futures canola market fell to a level unseen since June 2021. Chicago soyoil took a large drop, but European rapeseed and Malaysian palm oil were both slightly weaker. Crude oil prices were up more than US$1 per barrel on the day before the United States Federal Reserve’s meeting, which will decide […] Read more

WINNIPEG – The ICE Futures canola market struggled to find direction on Tuesday, following the lead of vegetable oils. Chicago soyoil took a large drop, but European rapeseed and Malaysian palm oil were both slightly weaker. Crude oil prices advanced one day prior to the United States Federal Reserve’s meeting which will decide on any […] Read more