Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, retreating from early gains as a downturn in the Chicago Board of Trade soy complex weighed on values. Canola started the day posting solid advances amid ongoing concerns over the size of this year’s drought-stricken crop. Weakness […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Tuesday in thin and choppy activity. Weakness in the Canadian dollar provided some underlying support, with the declining currency helping crush margins show some improvement. Production issues across Western Canada remained supportive as well, […] Read more

ICE Canada Morning Comment: Canola veering away from overnight gains By Glen Hallick, MarketsFarm WINNIPEG, Sept. 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed Tuesday morning, as trading resumed after the long weekend with the overnight session. The Canadian oilseed was stepping back from overnight gains as the Chicago soy complex began to […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished lower on Friday as spillover support from Chicago soyoil evaporated throughout the session. The markets in the United States and Canada will remain closed on Monday for Labour Day. Trading resumes that evening with the overnight session. Some support came […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday. Prices had been higher earlier in the session, supported by a one cent per pound boost in October soyoil at Chicago. However values have pulled back as soyoil gave up a good chunk of its increases. […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, finding some buying interest as traders adjust positions ahead of the long weekend. North American markets will be closed Monday for Labour Day. Gains in the Chicago Board of Trade soy complex provided spillover support for canola. […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures gave up the gains it had for most of the session on Thursday to finish mostly lower. While Chicago soybeans and soyoil increased as well today, they also ended down from their earlier highs. Additional support came from gains in Malaysian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Thursday, getting a bounce from gains in Chicago soyoil and soybeans. Higher values for European rapeseed and Malaysian palm oil provided additional support, while a dip in Chicago soymeal tried to temper increases. A trader said it’s […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Thursday morning in thin and choppy trade. After posting losses for most of the past week canola was due for some consolidation from a chart standpoint. While seasonal harvest pressure would normally weigh on prices at this time […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – For the third consecutive day, Intercontinental Exchange (ICE) canola futures were lower, but came away from much larger declines earlier in the session, while the more deferred positions finished on a positive note. Weakness in the Chicago soy complex kept canola down, but the complex also […] Read more