Futures

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 27 (MarketsFarm) – The ICE Futures canola market was narrowly mixed at Friday’s close, with small gains in the front months and losses in the new crop contracts. A rally in Malaysian palm oil provided some spillover support, while losses in the Chicago soy complex weighed on the […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 27 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, seeing a continued recovery off nearby lows to end the week. Wide crush margins and ideas the canola market was looking oversold after its recent selloff contributed to the gains. A rally in Malaysian palm […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning. Pressure came from a downturn in Chicago soy complex. Meanwhile European rapeseed was narrowly mixed and Malaysian palm oil finished with strong increases. Gains in global crude oil prices provided support to vegetable oils. Canola crush […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 26 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, seeing a continuation of Wednesday’s correction off nearby lows as gains in outside markets provided spillover support. Chicago soybeans and soyoil were higher on the day, underpinned by solid export demand and ongoing South American production […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 26 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, finding spillover support from outside markets. Chicago soybeans and soyoil were higher on the day, underpinned by solid export demand and ongoing South American production uncertainty. European rapeseed and Malaysian palm oil futures were also […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 26 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, seeing a continuation of Wednesday’s corrective bounce as values recovered off nearby lows. Gains in Chicago soyoil and soybeans provided spillover support, with persistent South American weather concerns and large weekly exports behind some of the […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 25 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, seeing a short-covering correction after dropping lower the previous five sessions. In addition to the speculative buying interest, canola was also underpinned by solid export demand as crush margins remain wide. Gains in Chicago soybeans were […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 25 (MarketsFarm) – The ICE Futures canola market was posting small gains in most months at midday Wednesday, recovering from earlier losses on ideas the recent downturn was starting to look overdone. After dropping for the previous five sessions, speculative short covering was thought to be coming forward […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to fall back on Wednesday morning, moving further from its former support level of C$800 per tonne. There are concerns that the large Australian canola crop will cut into Canada’s share of the export market. Also, declines in the Chicago […] Read more

WINNIPEG – The ICE Futures canola market was weaker on Tuesday, dropping below psychological support as speculative selling weighed on values. The nearby March contract fell below C$800 per tonne, which was bearish from a chart standpoint. Concerns that Australia’s large canola crop will cut into some Canadian export demand added to the softer tone, […] Read more