Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The ICE Futures canola market was mixed at Tuesday’s close, posting small gains in the front months and losses in the more deferred positions. Conflicting outside influences kept some caution in the canola market. Chicago Board of Trade soyoil was stronger on the day, but European […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The ICE Futures canola market was mixed at midday Tuesday in activity described as “very choppy and erratic” by a trader. He added that “the oilseeds have shifted into neutral,” lacking any clear direction as investors wait for a fresh market-moving catalyst. Chicago Board of Trade […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, but attempting to recover from overnight declines. Pressure came from losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. This year’s lackluster Prairie harvest, price rationing and tight supplies tempered larger losses in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, hitting fresh contract highs in many months as a rally in Chicago Board of Trade soyoil provided support. Weakness in the Canadian dollar contributed to the firmer tone in canola, as the currency dipped below 79 United […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, taking some direction from the Chicago Board of Trade soy complex. European rapeseed futures were also higher on the day, although Malaysian palm oil moved lower overnight. Weakness in the Canadian dollar provided additional support for […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly higher on Monday morning. Support came from gains in the Chicago soy complex, along with European rapeseed. Declines Malaysian palm oil weighed on values. Tight supplies, price rationing and a lackluster harvest underpinned canola prices, but the Canadian oilseed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday, due to weakness in other edible oils. In particular, Chicago soyoil and European rapeseed which were down hard today. Losses in canola were tempered by gains in Chicago soymeal, as well as tight supplies and price rationing. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday, due to weakness in comparable oils. Chicago soyoil was down about two-thirds of a cent and the front months of European rapeseed had double-digit losses. Malaysian palm oil was lower as well. There were gains in […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, continuing to consolidate just below nearby highs. Losses in crude oil were bearish for the vegetable oil markets in general, including canola. A softer tone in Chicago Board of Trade soyoil put some spillover pressure on the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Thursday, with the gains confined to the old crop months. Support came from gains in Malaysian palm oil and the front months of European rapeseed. Pressure was derived from losses in the Chicago soy complex and rapeseed’s more […] Read more