Futures

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed at midday Thursday, with gains in the most heavily traded front months. A trader noted commercials and specs were actively rolling out of the January contract yesterday, and that movement has slowed significantly today. There was support for canola […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Thursday morning, continuing to consolidate right below nearby highs. Early strength in the Chicago Board of Trade soy complex and a softer tone in the Canadian dollar provided some underlying support. European rapeseed and Malaysian palm oil futures […] Read more

By Glen Hallick, MarketsFarm WINNIPEG – Intercontinental Exchange (ICE) canola futures were mixed on Wednesday in one of the busiest trading days in recent months. The front months saw pull backs, especially with the January contract, which has an tremendous long position. A trader said there was a large amount of buying going on the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher at midday Wednesday, with the exception being the January contract which was seeing a bit of a sell-off, according to a trader. He said some of January’s decline could be attributed to the cut rail links to Vancouver. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was mixed Wednesday morning, as the spreads saw some adjustment. Chart-based positioning was a feature, with the nearby January contract continuing to back away from its highs. Gains in the Chicago Board of Trade soy complex provided some spillover support for […] Read more

By Glen Hallick, MarketsFarm WINNIPEG – Intercontinental Exchange (ICE) canola futures were higher on Tuesday, in trying to correct from yesterday’s sharp declines. However at the close, gains stepped back from earlier highs. Support for canola was derived from increases in Chicago soyoil and Malaysian palm. However, losses in European rapeseed as well as Chicago […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher at midday Tuesday in trying to recover from yesterday’s sharp step back. A trader said the spike in Chicago soyoil was driving up canola values, with additional support from Malaysian palm oil. European rapeseed turned mixed, with declines […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was mostly higher Tuesday morning, seeing a modest correction amid ideas Monday’s selloff was overdone. Early gains in Chicago Board of Trade soyoil and a slightly softer tone in the Canadian dollar were also supportive. Malaysian palm oil was higher overnight […] Read more

By Glen Hallick, MarketsFarm WINNIPEG (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday, due to pressure from declines in Chicago soyoil and European rapeseed. Gains in Malaysian palm oil as well as those in Chicago soybeans and soymeal helped to pull canola away from earlier lows. Tight supplies and the need to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Monday, getting pressure from Chicago soyoil, according to a trader. However, Malaysian palm oil was higher and there are gains in the front months of European rapeseed. There were also supportive increases in Chicago soybeans and soyoil. […] Read more