Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, holding near the upper end of its three-month trading range. Gains in Chicago Board of Trade soyoil futures provided underlying support, with bullish technical signals adding to the gains. Crude oil was also up on the day, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) The ICE Futures canola market was stronger at midday Thursday, after trading to both sides of unchanged in choppy activity. Gains in Chicago Board of Trade soyoil futures provided some underlying support, with bullish technical signals adding to the gains. Crude oil had started the day moving […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed Thursday morning in choppy trading. Support came from gains in the Chicago soy complex and European rapeseed. Also, tight supplies and production uncertainty continued to underpin values. On the other side of the coin, lower Malaysian palm oil […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, but well off its highs for the session as the early buying interest subsided by the close. The nearby November contract had traded as high as C$933.50 per tonne at one point during the session, but settled […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market stronger at midday Wednesday, seeing a continuation of its recent rally. European rapeseed and Malaysian palm oil futures both hit fresh highs overnight, which spilled into the canola market. A weaker tone in the Canadian dollar was also supportive. Canada’s tight […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger Wednesday morning, continuing with the gains made in the overnight session. Support is coming from sharp upticks in European rapeseed and Malaysian palm oil, along with increases in the Chicago soy complex. Ongoing issues with tight supplies and production […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, climbing above nearby resistance as gains in outside markets provided support. Malaysian palm oil, European rapeseed and Chicago Board of Trade soyoil futures all posted solid gains, with that buying interest spilling into the canola market. Chart-based […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was sharply higher at midday Tuesday, as rallies in outside markets provided support. Canola climbed to the top end of its well established range, with speculative buying building on itself and adding to the advances. Crude oil hit its strongest levels […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger Tuesday morning, getting support from a surge in edible oils. There were sharp gains in European rapeseed and Malaysian palm oil, along with significant upticks in Chicago soyoil. Chicago soybeans were up slightly while soymeal stepped back a little. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, but off its session highs after running into some profit-taking resistance. Tight supplies and the need to ration demand remained supportive, as did bullish technical signals. A rally in crude oil fueled gains in the vegetable oil […] Read more