Futures

WINNIPEG, Dec. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, while comparable oils were mixed. There were declines in Chicago soybeans and soymeal, as well as European rapeseed. Increases in Chicago soyoil and Malaysian palm oil tempered further losses. Upticks in global crude oil prices lent support to vegetable oils. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The ICE Futures canola market was mixed at Friday’s close, with losses in the most-active front months and a firmer tone in the more deferred months. Declines in crude oil and Chicago soyoil, along with general weakness in world equity markets accounted for some of the […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, as losses in Chicago soyoil weighed on values and traders adjusted positions ahead of the weekend. Declines in crude oil and general weakness in world equity markets accounted for some of the selling pressure that spilled into […] Read more

WINNIPEG – The ICE Futures canola market was slightly lower Friday morning, pulled down by sinking crude oil prices. Crude oil was down by more than US$2 per barrel in early trade due to a number of central banks raising key interest rates, fueling fears of a worldwide recession. Chicago soyoil was lower while European […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Dec. 15 (MarketsFarm) – The ICE Futures canola market was lower at Thursday’s close, retreating from earlier gains as speculative positioning weighed on values. Early losses in Chicago soyoil accounted for some selling pressure in canola, although soyoil managed to turn higher in the most active months by the […] Read more

By Phil Franz-Warkentin,  MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Thursday, retreating from earlier gains as losses in outside markets weighed on values. Chicago soyoil and European rapeseed futures were both down on the day, while Malaysian palm oil was also softer but off its earlier lows. A […] Read more

WINNIPEG – The ICE Futures canola market was mixed on Thursday morning along with comparable oils. Crude oil had a positive bias as TC Energy re-opened one portion of the Keystone pipeline. U.S. crude oil stocks increased by 10.2 million barrels last week, the largest gain since March 2021. Chicago soyoil was slightly lower, while […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Dec. 14 (MarketsFarm) – The ICE Futures canola market was mixed at Wednesday’s close after trading to both sides of unchanged in choppy activity. Losses in Chicago soyoil accounted for some spillover selling pressure in the market, with European rapeseed also down on the day. However, Malaysian palm oil […] Read more

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Dec. 14 (MarketsFarm) – ICE Futures canola contracts were mixed at midday Wednesday, although the bias was higher in the most active months as investors adjust positions in thin and choppy trade. Chicago soybean and soyoil futures were holding near unchanged, while European rapeseed was lower and Malaysian palm […] Read more

WINNIPEG – The ICE Futures canola market was slightly lower on Wednesday morning, while crude and vegetable oils were mixed. Crude oil was showing a positive bias due to the ongoing shutdown of the Keystone pipeline and indications of a tightening market next year. Chicago soyoil was fractionally lower. Meanwhile, European rapeseed was lower and […] Read more