Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The ICE Futures canola market was sharply lower at midday Wednesday, posting near-limit-down losses as a number of factors weighed on prices. “The big money decided to take some money off the table, and there’s a lot of money on the table,” said a Winnipeg-based trader, […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Wednesday morning, following the downward trend in Chicago soyoil. European rapeseed and Malaysian palm oil. However, there was some support coming from gains in Chicago soymeal, while soybeans were mixed. There were scattered showers overnight in parts of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, taking back some of Monday’s losses. Gains in the Chicago Board of Trade soy complex provided some spillover support, with Malaysian palm oil and European rapeseed futures also up overnight. While scattered showers were hitting parts of […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, taking back Monday’s losses as gains in the Chicago Board of Trade soy complex provided some spillover support. Malaysian palm oil and European rapeseed futures were also higher overnight. While scattered showers were hitting parts of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday morning, getting support from gains in the Chicago soy complex and European rapeseed. Rain has been falling on the southern parts of Saskatchewan and Manitoba, with another system bringing precipitation to Alberta over the next couple of […] Read more

WINNIPEG – The ICE Futures canola market was weaker on Monday, as sharp losses in crude oil and the Chicago Board of Trade soy complex weighed on values. Slightly more moderate temperatures across much of Western Canada, as smoke from forest fires led to hazy skies, and forecasts calling for much needed precipitation in some […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, as losses in outside markets and improving weather conditions in parts of Western Canada weighed on values. “When you have crude oil down almost five dollars (per barrel) and (Chicago Board of Trade) bean oil getting […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Monday morning, following declines in comparable edible oils along with the Prairie weather forecast. There were losses in Chicago soyoil and European rapeseed, while Malaysian palm oil was mixed. There were gains in Chicago soybeans and soymeal. Lower […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Friday, with gains in the front months and losses for the more deferred positions. With the ongoing drought across the Prairies, a trader said that two more weeks of hot and dry weather will severely damage the canola […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were higher at midday Friday, with the largest gains in the front months. The drought on the Prairies could further erode canola yields more than recently estimated. While participants have predicted a crop of 16 million to 18 million […] Read more