Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The ICE Futures canola market was mixed at midday Thursday, with intermonth spreading a feature as commercial traders adjusted their positions. The nearby November contract held onto small gains at midday, but the more deferred positions were all lower. Losses in Chicago Board of Trade soyoil […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower Thursday morning, following the Chicago soy complex as well as European rapeseed to the downside. There were small increases in Malaysian palm oil. ICE canola crush margins fell back further yesterday, dropping to C$13.11 below the November contract. Ahead […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, seeing a continuation of Tuesday’s rally Gains in Chicago soyoil and a weaker Canadian dollar helped underpin crush margins, which had dipped into negative territory earlier this week. A move above C$900 per tonne in the November […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, as gains in Chicago Board of Trade soyoil and a softer tone in the Canadian dollar provided support. That combination of rising soyoil and a weaker currency was helping underpin crush margins, which dipped into negative […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher Wednesday morning, after incurring losses during the overnight session. There were gains in Chicago soyoil and Malaysian palm oil, while European rapeseed was narrowly mixed. The Canadian dollar was lower, which lent some support to canola. The loonie […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, as a rally in the Chicago Board of Trade soy complex provided some spillover support. Ongoing uncertainty over the size of Canada’s canola crop added to the firmer tone, as drought during the growing season has been […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, taking some direction from the Chicago Board of Trade soy complex. Declining condition ratings for the United States soybean crop contributed to the rally in soybeans, with ongoing uncertainty over the size of Canada’s canola crop […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher Tuesday morning, due to spillover from gains in the Chicago soy complex. Additional support came from increases in European rapeseed, but pressure came from declines in Malaysian palm oil. Ever tightening canola supplies and uncertainty over this year’s canola […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, seeing a correction to start the week amid ideas Friday’s losses were overdone. Gains in Chicago Board of Trade soyoil futures provided underlying support, with chart-based buying adding to the advances. The November contract fell below its […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, seeing a correction from Friday’s losses. Gains in Chicago Board of Trade soyoil futures provided underlying support for canola, with chart-based buying adding to the advances. Widespread rains across Western Canada over the weekend have delayed […] Read more