Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, hitting its highest levels in over a month as solid end-user demand and bullish technical signals provided support. The tight supply situation means end users with sales on the books are paying up in order to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher Monday morning, getting support from gains in Chicago soyoil and Malaysian palm oil. Ongoing tight supplies and uncertainty over the size of this year’s harvest underpinned canola values as well. Pressure came from losses in Chicago soybeans and soymeal […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Friday in a show of independent strength, which pushed the Canadian oilseed slightly above its trading range. For the most part, the Chicago soy complex was lower, expect for very small gains in soyoil. Support came from higher […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher at midday Friday in a show of independent strength, according to a trader. “We’re speculating we may be seeing canola buying against soybeans. That spread is breaking out to new contract highs,” the trader commented, adding the canola […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 1 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, although activity was volatile with the November contract trading within a wide C$15 range. Chart-based buying was a feature, as the nearby technicals remain pointed higher. Chicago Board of Trade soyoil futures were also seeing some choppiness […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished lower in volatile trading on Thursday. That included canola making double-digit gains before falling well back into the red, but its recovery was not to be. This was largely guided by Chicago soyoil, which also incurred large increases, only to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Thursday getting spillover from significant upticks in both Chicago soyoil and Malaysian palm oil. European rapeseed was up as well, but by smaller amounts than what it has seen recently. A trader said that canola has been […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning, hitting their highest levels of the past month. Malaysian palm oil futures climbed to their highest levels ever. Tight supplies and increased Chinese demand were reportedly behind the strength in that market, with gains in Chicago Board […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Wednesday, with declines in the much more deferred positions. Support came from a number of sources, including European rapeseed and Malaysian palm oil, of which both hit new contract highs. Also, spillover came from increases in the […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday as comparable oils continued to make gains and with other supportive influences. “The commercials are short and the farmers are short,” commented an analyst, noting a lack of selling and critically low canola supplies. A lack […] Read more