Futures

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures incurred losses in the old crop months on Friday, giving up the gains generated by yesterday’s reports from the United States Department of Agriculture. A trader noted that despite increases due to those USDA reports, the oilseed market remained rangebound. He […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower at midsession Friday, as the effects of Thursday’s reports from the United States Department of Agriculture (USDA) wore off, according to a trader. The numbers from the USDA were only significant in they were different from what the markets […] Read more

WINNIPEG – The ICE Futures canola market was slightly lower on Friday morning as prices declined for vegetable oils. Chicago soyoil was down to start the day, as well as European rapeseed and Malaysian palm oil. The United States Department of Agriculture (USDA) released its monthly supply/demand estimates on Thursday, with grain markets heading in […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Thursday reaping support from the Chicago Board of Trade (CBOT) after the United States Department of Agriculture issued several reports. Those reports had a bullish effect on the soy complex, as well as other grains at CBOT. Additional […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession Thursday, in what a trader said was short covering ahead of a series of reports from the United States Department of Agriculture (USDA). Among the 11 reports the USDA will publish today will be its supply and […] Read more

WINNIPEG – The ICE Futures canola market rallied on Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil was higher, but European rapeseed was mixed and Malaysian palm oil was mostly lower. The United States Department of Agriculture (USDA) will release both its monthly supply/demand estimates as well as its quarterly grain stocks report […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Despite decent increases in the morning, Intercontinental Exchange (ICE) canola futures closed lower on Wednesday. During the course of today’s session, losses developed in Chicago soyoil with additional pressure coming for declines in Malaysian palm oil. Support was derived from advances in Chicago soybeans and soymeal, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at mid-session Wednesday, trying to reclaim at least a small portion of their losses over the last couple of sessions. An analyst stressed that canola has been rangebound during the last six to seven months, and it’s probably to […] Read more

WINNIPEG – After two straight days of losses, the ICE Futures canola market regained positive momentum on Wednesday morning thanks to strength in comparable oils. While Chicago soyoil was lower, European rapeseed and Malaysian palm oil were mostly higher early Wednesday. Crude oil gained more than US$1 per barrel as optimism for a resurgence of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Tuesday, with losses again hitting double digits. Declines in the Chicago soy complex, European rapeseed and Malaysian palm oil contributed to the pull back in canola. Small gains in global crude oil prices helped to temper further losses […] Read more