Futures

WINNIPEG – The ICE Futures canola market was slightly higher, but still rangebound on Tuesday. Chicago soyoil was on the rise, while European rapeseed was steady to higher and Malaysian palm oil was mostly lower. Crude oil gained approximately US$2 per barrel as Saudi Arabia expressed confidence in an upcoming recovery of Chinese demand. The […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 7 (MarketsFarm) – The ICE Futures canola market was posting small gains in most months Tuesday morning, recovering from earlier losses as a rally in Chicago soyoil provided support. Malaysian palm oil was also stronger, although European rapeseed futures were narrowly mixed. Canadian canola stocks as of Dec. […] Read more

WINNIPEG — The ICE Futures canola market was higher on Monday with contracts supported by rising crude oil prices and a weaker Canadian dollar. Chicago soyoil made a slight gain, while European rapeseed was higher. The Malaysian palm oil market was closed due to a national holiday. Oil flows to the Ceyhan export terminal in […] Read more

WINNIPEG – The ICE Futures canola market was mixed at midday on Monday with prices struggling to find direction. One analyst said that lower soybean prices as well as other macroeconomic pressures are limiting the upside for canola prices. However, a weakened Canadian dollar has also brought support. Chicago soyoil made a slight decline, while […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 6 (MarketsFarm) – The ICE Futures canola market was posting small losses Monday morning, taking back some of Friday’s gains as speculators adjusted positions to start the week. Losses in Chicago soybean futures accounted for some spillover selling pressure in the Canadian oilseed. However, soyoil was closer to […] Read more

WINNIPEG – Intercontinental Exchange (ICE) canola futures closed higher on Friday, after overcoming earlier losses. That’s despite hefty pressure from significant losses in global crude oil that put pressure on vegetable oils , as well as those in Chicago soyoil. Slight losses in Chicago soybeans added more pressure, while support came from upticks in soymeal, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed at midsession on Friday, as they try to recover from larger losses earlier in the morning. An analyst said the Canadian oilseed was “sort of stable” compared to other vegetable oils. Chicago soyoil was down hard, along with soybeans, […] Read more

WINNIPEG – The ICE Futures canola market was higher despite a mixed tone in vegetable oils. Chicago soyoil was lower to start the day, but European rapeseed and Malaysian palm oil both made gains. Crude oil was steady to higher on Friday morning as a recovery in Chinese demand goes slowly and crude oil stockpiles […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw declines on the old crop contracts on Thursday, while the new crop positions crept up a little. A trader said the spreaders have been pushing around canola as means to make a profit. However, he stressed it’s highly unlikely there’s […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midsession on Thursday, in what a trader said was a “rebalancing” of the market by spreaders. “They like to push spread around and make some money,” the trader commented, noting that no one in canola market is interested […] Read more