Futures

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued lower at mid-session Tuesday, feeling pressure from comparable oils. However, prices remained rangebound. Losses in Chicago soyoil, European rapeseed and Malaysian palm oil were putting pressure on canola. Some support came from upticks in Chicago soybeans and soymeal. Global crude […] Read more

WINNIPEG – For the second straight day, the ICE Futures canola market was down at the start of trading due to spillover from vegetable oils. Chicago soyoil was steady, but European rapeseed and Malaysian palm oil were both lower on Tuesday morning. Meanwhile, crude oil continued its rally from Monday after China rescinded all of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures weaker on Monday, getting pressure from losses in most vegetable oils. Chicago soybeans and soymeal, as well as European rapeseed and Malaysian palm oil were to the downside today. There were small upticks in Chicago soyoil. Increases in global crude oil […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at mid-session on Monday, in what a trader deemed to be rangebound movement. “[Canola] will be stronger for a few days and then weaker for a few days,” the trader said, noting that product values were currently down C$3 […] Read more

WINNIPEG – The ICE Futures canola market was lower on Monday morning to go along with vegetable oils. While Chicago soyoil was just above neutral, European rapeseed and Malaysian palm oil were both lower at the start of the week. Crude oil was higher, however, after China issued new crude oil import quotas and a […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, with chart-based positioning to end the week and spillover support from gains in Chicago soyoil behind some of the buying interest. Canola exports and the domestic crush are both running ahead of the year-ago pace, according […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 6 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, taking back Thursday’s losses as gains in Chicago soyoil provided support. Chart-based positioning to end the week contributed to the activity. European rapeseed futures were also posting small gains in the most active months, although Malaysian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Friday morning, benefitting from upticks in the Chicago soy complex. The exception being a dip in the new crop November contract. Global crude oil prices were also on the rise, which helped to stem further losses in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, taking some direction from Chicago soybeans and soyoil. Malaysian palm oil and European rapeseed futures were also down on the day, accounting for some spillover selling pressure in the Canadian oilseed. Chart-based positioning was a feature, with […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – ICE Futures canola contracts were posting small losses at midday Thursday, taking some direction from Chicago soyoil although activity was thin and choppy. “The market is heavily focused on Argentina right now,” said a trader, noting that forecasts for rain in the South American country were […] Read more