Futures

By Glen Hallick, MarketsFarm WINNIPEG, March 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher on Friday morning, getting support from gains in European rapeseed and Malaysian palm oil. While additional support came from increases in Chicago soybeans and soymeal, lower soyoil weighed on canola values. Meanwhile, weakness in global crude oil prices […] Read more

WINNIPEG – The ICE Futures canola market consolidated on Wednesday’s gains due to support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all ended the day higher. Meanwhile, crude oil was also in positive territory as optimism towards the recovery of Chinese demand outweighed concerns over monetary tightening from central banks. At […] Read more

WINNIPEG – The ICE Futures canola market consolidated on Wednesday’s gains due to support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Meanwhile, crude oil was also in positive territory as optimism towards the recovery of Chinese demand outweighed concerns over monetary tightening from central banks. One trader said […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, with the larger increases in the new crop months. Support for canola came from significant gains in Malaysian palm oil as well as modest upticks in European rapeseed. Global crude oil prices nudged up a little […] Read more

WINNIPEG — The ICE Futures canola market rebounded slightly on Wednesday after yesterday’s losses, due to strength in comparable oils. Both Chicago soyoil and Malaysian palm oil were up, while European rapeseed was mostly higher. Crude oil also rose despite growing United States stockpiles and indicators that the Federal Reserve may continue to raise their […] Read more

WINNIPEG – The ICE Futures canola market rebounded after Tuesday’s losses, following the strength in comparable oils. One trader said that canola’s rise was largely due to gains in the Chicago soy complex as prices for soybeans, soyoil and soymeal were all in positive territory. Malaysian palm oil was higher as well, while European rapeseed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Wednesday morning, gleaning support from other vegetable oils. There were moderate upticks in the Chicago soy complex, as well as gains in European rapeseed and Malaysian palm oil. However, pressure from a small downturn in global crude oil […] Read more

WINNIPEG – The ICE Futures canola market was mostly lower on Tuesday largely due to weakness in other vegetable oils. Chicago soyoil was down, as well as European rapeseed and Malaysian palm oil. Crude oil gained more than US$1 per barrel despite concerns over tighter monetary policy and growing crude oil stockpiles in the United […] Read more

WINNIPEG – The ICE Futures canola market was lower on Tuesday despite mixed sentiment in other vegetable oils and rising crude oil prices. Chicago soyoil struggled to find direction, while both European rapeseed and Malaysian palm oil are both down. Crude oil rebounded, rising by more than US$1.50 per barrel despite growing United States crude […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures are lower on Tuesday morning, getting pressure from declines in the Chicago soy complex. Losses in European rapeseed and Malaysian palm oil were also weighing on canola values. Meanwhile, upticks in global crude oil prices tempered further decreases in vegetable oils. […] Read more