Futures

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Thursday, eroding pretty much the gains made yesterday. There was weakness in the Chicago soy complex, along with losses in European rapeseed and Malaysian palm oil. Canola crush margins as well turned lower, adding more pressure on […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, erasing much of the gains made yesterday. There were declines in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Also, the ICE canola crush margins pulled back with the upfront contracts […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished higher on Wednesday, due to spillover from comparable edible oils and improvements in crush margins. There were solid gains in European rapeseed and Malaysian palm oil, as well as in Chicago soybeans and soyoil. However the latter two pulled back […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midday Wednesday, as they continued to benefit from upticks in comparable oils. Chicago soyoil was up by well over one cent per pound, however gains in soybeans pulled back from earlier highs. Malaysian palm oil and European rapeseed […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Wednesday morning, benefitting from spillover from other edible oils. Chicago soybeans and soyoil were significantly higher, along with good increases in European rapeseed and Malaysian palm oil, although Chicago soymeal was moderately lower. Manitoba Agriculture and Resource Development […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw declines in the front months on Tuesday due to shrinking crush margins weighing on values. The more deferred positions posted small gains. Over the last week, ICE canola crush margins, as of Aug. 9, have withered from C$72.72 per tonne […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Tuesday, driven down by shrinking crush margins, according to a trader. “We dropped almost C$100 per tonne in two weeks on the crush margins,” he said. As of Aug. 9, ICE crush margins for November-October were C$5.35/tonne […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Tuesday morning in choppy trading. There were gains in the Chicago soy complex, with soyoil making a small nudge upward. European rapeseed was narrowly mixed and Malaysian palm oil was a little lower. Canola pulled back yesterday […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday due to a round of profit-taking after prices climbed last week. Weakness in Chicago soybeans and soyoil, as well as declines in European rapeseed and Malaysian palm oil added pressure on canola. Losses were tempered by small […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned at midday Monday due to profit-taking, according to a Winnipeg-based trader. “Canola got overdone. It did what it had to last week; it roared ahead all by itself without any help really from the U.S. side,” the trader explained. By […] Read more