Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, hitting its highest levels in a week as steady demand underpinned the futures. European rapeseed contracts climbed to fresh highs overnight, which provided spillover support for the Canadian oilseed. Chicago Board of Trade soyoil futures were […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, gleaning support from gains in Chicago soyoil, European rapeseed and Malaysian palm oil. Also, uncertainty over this year’s Prairie crop continued to underpin canola values. Daytime temperatures are forecast to be in the mid to high […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, after trading to both sides of unchanged in choppy activity. Canola mainly followed the Chicago Board of Trade soyoil futures, which saw some wide price swings during the day but were stronger at the close. European rapeseed […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Wednesday, but was well off its earlier highs as a downturn in Chicago Board of Trade soyoil futures weighed on values. Soyoil and canola had both started the day posting strong advances, but updated […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Wednesday morning, taking their cue from increases in Chicago soyoil, and other edible oils. Uncertainty over this year’s Prairie crop continued to remain a concern for the trade. Statistics Canada projected the 2021/22 harvest to reap about 12.8 […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The ICE Futures canola market was mixed on Tuesday, with a small loss in the nearby November contract and gains in the more deferred positions. Strength in Chicago Board of Trade soy complex provided some spillover support for canola, with European rapeseed futures hitting fresh contract […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The ICE Futures canola market was mixed at midday Tuesday, with losses in the front months and a firmer tone in the more deferred positions. Hedge pressure and long liquidation by smaller speculators accounted for some of the declines in the nearby contracts, according to a […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed on Tuesday morning, as small gains in the Chicago soy complex provided little direction. There are more significant increases in European rapeseed, but Malaysian palm oil slipped back a little. Following overnight frosts in parts of the Prairies, […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The ICE Futures canola market was lower on Monday, as broad weakness in most outside financial and commodity markets sparked by default concerns at a Chinese real estate company spilled over to weigh on prices. Chicago Board of Trade soyoil futures fell to their lowest levels […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, taking some direction from the Chicago Board of Trade soy complex. Concerns over a default by Chinese real estate company Evergrande sparked broad weakness in global equity and energy markets on Monday that spilled into the […] Read more