Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, seeing a continuation of Wednesday’s selling pressure as investors adjust positions ahead of the United States Department of Agriculture’s monthly supply/demand report. The Chicago Board of Trade soy complex was posting losses ahead of the report, […] Read more

WINNIPEG, Dec. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, following declines in the Chicago soy complex and Malaysian palm oil, while European rapeseed was steady to lower. As well, losses in global crude oil prices were putting pressure on edible oil values. Positioning ahead of today’s supply and demand […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, taking some direction from Chicago Board of Trade soyoil. Malaysian palm oil futures were also lower, but European rapeseed was higher on the day. Chart-based speculative selling contributed to the losses in canola, as investors holding large […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, dropping in sympathy with Chicago Board of Trade soyoil. The sharp declines in soyoil were tied to updated blending requirements announced by the United States Environmental Protection Agency (EPA) after Tuesday’s close that lowered the amount […] Read more

WINNIPEG, Dec. 8 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Wednesday morning, following the downturn in edible oils. Chicago soyoil was down sharply with more moderate declines in Malaysian palm oil and European rapeseed. While tight supplies continued to underpin canola values, there are concerns that the Canadian oilseed was overbought. Rolling […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 7 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, with speculative profit-taking a feature. Positioning ahead of updated renewable fuel blending requirements from the United States Environmental Protection Agency (EPA) accounted for some of the activity, according to a trader. Speculators were reportedly liquidating long positions […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 7 (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, taking some direction from the Chicago Board of Trade soy complex. Positioning ahead of updated renewable fuel blending requirements from the United States Environmental Protection Agency (EPA) accounted for much of the activity, according to a […] Read more

WINNIPEG, Dec. 7 (MarketsFarm) Intercontinental Exchange (ICE) canola futures were seeing gains in the front months on Tuesday morning, while the deferred positions incurred losses. There was support coming from increases in Chicago soyoil, European rapeseed and Malaysian palm oil. Higher crude oil prices lent a boost to edible oil values. Chicago soybeans were steady […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) – The ICE Futures canola market was stronger at Monday’s close, recovering from early losses as strength in Chicago Board of Trade soyoil provided spillover support. Speculative profit-taking had weighed on the market for most of the session, but the underlying fundamentals remain supportive and the market […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, seeing some speculative profit-taking to start the week as the futures were thought to be looking overpriced. Losses in Chicago Board of Trade soybeans and a firmer tone in the Canadian dollar contributed to the selling […] Read more