Futures

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower in choppy trading on Thursday morning, in search of a clear direction. Support for the Canadian oilseed came from upticks in Chicago soyoil and European rapeseed, while pressure came from losses in soybeans and soymeal, as well as […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 4 (MarketsFarm) – The ICE Futures canola market was mostly lower at Wednesday’s close after trading to both sides of unchanged in choppy activity. Losses in crude oil weighed on world vegetable oil markets, including canola, with strength in the Canadian dollar also bearish for the oilseed. However, […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 4 (MarketsFarm) – ICE Futures canola contracts were trading to both sides of unchanged on Wednesday, although the bias was lower in the most active months at midday.   Strength in the Canadian dollar and losses in outside markets accounted for some of the selling pressure, with Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher Wednesday morning, garnering support from increases in Chicago soybeans and soymeal. The new crop November contract was the outlier, as it stepped back. Pressure on the Canadian oilseed came from small declines in Chicago soyoil, as well as […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 3 (MarketsFarm) – The ICE Futures canola market was stronger the first trading day of 2023, although settled off its session highs. Chart-based buying was a feature, according to participants. Gains in Malaysian palm oil and European rapeseed futures provided some spillover support for the canola market, with […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 3 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday as chart-based positioning to start the New Year provided support. Gains in European rapeseed futures and a weaker tone in the Canadian dollar contributed to the advances in canola, according to participants. However, a softer tone […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger Tuesday morning, the first trading day of 2023. There was support for the Canadian oilseed coming from slight upticks in Chicago soybeans, European rapeseed and Malaysian palm oil. There were small losses in Chicago soyoil and soymeal, which tempered […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday – the last day of trading for 2022. Pressure on the Canadian oilseed came from a sharp downturn in Chicago soyoil. The losses were tempered by gains in Chicago soybeans and soymeal, as well as Malaysian palm […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower at mid-session on Friday, the last day of trading for 2022. “It’s weird year-end trade,” an analyst commented. The North American grain markets will be closed on Monday to mark the New Year with no overnight session. Trading is […] Read more

WINNIPEG – In the final trading day of 2022, the ICE Futures canola market was higher to start it off, despite light trade activity. Chicago soyoil continued its ongoing decline, while European rapeseed was mostly higher and Malaysian palm oil was up. Crude oil struggled to find direction on Friday morning after a restart of […] Read more