Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 15 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, as year-end speculative profit-taking continued to weigh on values. Chicago Board of Trade soyoil futures were also lower in early trade, putting some spillover pressure on canola. Malaysian palm oil and European rapeseed futures were also down […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed lower on Tuesday due weakness in Chicago soyoil. Small to moderate losses in Malaysian palm oil and European rapeseed also weighed on canola values. Support for the Canadian oilseed came from sharp upticks in Chicago soybeans and soymeal. As well, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stepping back at midday Tuesday, due to weakness in Chicago soyoil. A trader said there’s profit-taking in soyoil as the long positions are being liquidated, with the spillover weighing on canola. With lower global crude oil prices putting pressure on […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 14 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Tuesday morning in thin and choppy activity, as investors continued to square positions ahead of the year-end. Losses in Chicago Board of Trade soyoil and Malaysian palm oil put some spillover pressure on the Canadian oilseed. However, CBOT […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – Although Intercontinental Exchange (ICE) canola futures closed higher on Monday after a day of choppy trading. A trader said the spec funds continued to push up canola, despite the massive long position that has been built up. He speculated the funds could press ahead with bumping […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher at midday Monday, in a session that has seen choppy trading. “The beanoil has been plunging, but canola has been able to hold. It’s under pressure, but holding,” commented a trader, adding a weaker Canadian dollar has helped […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Monday morning. Activity was thin and choppy with intermonth spreading the feature. Investors were said to be busy squaring up positions ahead of the month- and year-end. A softer tone in the Canadian dollar provided some support for […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was weaker on Friday in thin and choppy trade, as speculative profit-taking weighed on values ahead of the weekend. Losses in Chicago Board of Trade soyoil put some spillover pressure on the Canadian oilseed, although soybeans were higher on the day. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, as speculators continued to book profits on their large long positions. Losses in Chicago Board of Trade soyoil contributed to the softer tone in canola, according to participants. However, soybeans were higher and canola was well […] Read more

WINNIPEG, Dec. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were steady to higher on Friday morning in an attempt to correct from a string of losses this week. Support came from gains in European rapeseed as well as in Chicago soybeans and soymeal. However, Chicago soyoil was pulling back while Malaysian palm oil was […] Read more