Futures

WINNIPEG – The ICE Futures canola market was mixed on Thursday, swayed by weakness in crude oil and the Canadian dollar. Chicago soyoil was lower this morning, as well as Malaysian palm oil, while European rapeseed was higher. Crude oil was lower as it was affected by declining stockpiles in the United States as well […] Read more

By MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The ICE Futures canola market was mostly higher Thursday morning in subdued trade as participants square positions ahead of the holidays. The March contract moved above both its 20- and 100-day moving averages, encouraging some additional chart-based buying. Solid end-user demand contributed to the gains, as crush margins […] Read more

WINNIPEG – After a day of light and choppy trade, the ICE Futures canola market closed in positive territory. Chicago soyoil was slightly stronger, while European rapeseed and Malaysian palm oil were both significantly higher. Crude oil rose more than US$1 per barrel after the Energy Information Agency (EIA) reported that United States crude oil […] Read more

WINNIPEG – The ICE Futures canola market struggled to find direction at midday Wednesday amid light trading despite rises in crude and vegetable oils. One trader said that as the holiday season approaches, farmers are “staying close to home.” “They’re not anxious to make any sales at this time of year. If they’re going to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise Wednesday morning, due to spillover from gains in comparable oils. Not only was there support coming from the Chicago soy complex, but European rapeseed and Malaysian palm oil as well. Global crude oil prices were also higher, […] Read more

WINNIPEG – The ICE Futures canola market ended the day in positive territory on Tuesday, due to spillover from a rally in the Chicago soy complex. Chicago soyoil and Malaysian palm oil were both higher, while European rapeseed was lower at close. Crude oil made small gains limited by rising interest rates at central banks […] Read more

WINNIPEG – The ICE Futures canola market was trading sideways to lower on Tuesday despite a rebound in the Chicago soy complex. One trader said that while there were supportive factors for canola, there is little trade activity due to the upcoming holiday season and farmers aren’t interested in selling. “Farmers are cash-adequate going into […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, despite modest gains in the Chicago soy complex. However, there were declines in European rapeseed and Malaysian palm oil. Global crude oil prices were slightly higher, offering some support to vegetable oils. Trading volumes are expected […] Read more

WINNIPEG – The ICE Futures canola market had a significant drop to start the week as the holiday season approaches. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil was trending in positive territory, affected by higher interest rates in central banks and the easing of COVID-19 restrictions in […] Read more

WINNIPEG – The ICE Futures canola market was lower to start the week, despite very little direction in crude and vegetable oils. One expert said that the overall weakness in canola prices is likely due to lower trade numbers as markets wind down before the holiday season. Chicago soyoil was fractionally higher and Malaysian palm […] Read more