Futures

WINNIPEG — The ICE Futures canola market was mostly higher on Monday despite mixed sentiment in comparable oils. Chicago soyoil was lower, but European rapeseed and Malaysian palm oil were higher. Crude oil was down by more than US$1 per barrel as speculation over further key interest rate hikes by the United States Federal Reserve […] Read more

WINNIPEG – The ICE Futures canola market was higher at midday on Monday despite mixed sentiment in comparative oils. Chicago soyoil was lower, but European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was down by nearly US$1 per barrel as speculation over further key interest rate hikes by the United States […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned mixed on Monday morning, with the largest gains in the immediate March contract. Support for canola came from upticks in the Chicago soy complex, European rapeseed and Malaysian palm oil. There were small losses in global crude oil prices which […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 24 (MarketsFarm) – The ICE Futures canola market was mostly lower on Friday, after trading to both sides of unchanged in choppy activity. While weakness in the Canadian dollar provided some underlying support, losses in Chicago soyoil and other outside markets weighed on values. Chart-based speculative selling was […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 24 (MarketsFarm) – The ICE Futures canola market was posting small gains at midday Friday, recovering from earlier losses amid ideas the declines were overdone. A weaker tone in the Canadian dollar contributed to the move higher in canola, as the softer currency serves to keep crush margins […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, continuing the downward trend from yesterday. There was pressure coming from declines in the Chicago soy complex and Malaysian palm oil. Meanwhile European rapeseed was steady to lower. Global crude oil prices were slightly lower, putting […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 23 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, as bearish technical signals and spillover from declines in Chicago soyoil weighed on values.   European rapeseed futures were also down on the day, although Malaysian palm oil posted gains.   Chart-based speculative selling contributed to […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 23 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, taking some direction from Chicago soyoil. Losses in European rapeseed futures were also bearish, although Malaysian palm oil was higher on the day. Chart-based speculative selling contributed to the declines in canola, as the futures […] Read more

WINNIPEG – The ICE Futures canola market was slightly lower on Thursday morning despite rises in comparable oils. Chicago soyoil was up, while European rapeseed was mostly lower and Malaysian palm oil was higher. Crude oil halted its slide this morning as traders shifted their focus to United States crude oil inventories. On Wednesday, the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 22 (MarketsFarm) – The ICE Futures canola market was mixed at Wednesday’s close, with the bias lower in the most-active months as early buying interest subsided. While Chicago soyoil and Malaysian palm oil were higher, soybeans and meal were both lower which weighed on canola. European rapeseed futures were […] Read more