Futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, as sharp losses in Chicago Board of Trade soyoil spilled over to weigh on values. Speculative fund profit-taking contributed to the declines in canola, although activity was described as choppy and volatile by participants. The underlying fundamentals […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, with the largest losses in the old crop months as sharp declines in Chicago Board of Trade soyoil weighed on prices. The futures have traded within a wide range over the past week, posting large gains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, due to declines in other edible oils. Besides small to moderate losses in European rapeseed and Malaysian palm oil, there was a sharp drop in Chicago soyoil. Canola will be watching the movements in the United […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The ICE Futures canola market was mixed on Wednesday, with sharp gains in the old crop contracts and a steadier tone in the new crop positions. Gains in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, with concerns over tight old […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The ICE Futures canola market was mixed at midday Wednesday, with gains in the old crop months and losses in the more deferred positions. A number of rumours circulating the market led to volatile activity, with unconfirmed talk that a couple of Canadian crushers with facilities […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Wednesday morning, with the old crop contracts seeing gains among the active months. There were declines in the more deferred positions. Declines in Chicago soyoil, European rapeseed and Malaysian palm oil contributed to the losses. However, there was […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, retreating from earlier gains in choppy activity. Advances in Chicago Board of Trade soyoil and a softer tone in the Canadian dollar had helped canola strengthen in early activity, with the front months nearing the contract highs […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, nearing contract highs in the front months as ongoing strength in world vegetable oil markets and tight Canadian supplies provided support. “It’s the same old story,” said a Winnipeg-based trader on the underlying bullish fundamentals. Gains […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed in choppy trading on Tuesday morning, with the gains in the immediate months. Support was coming from gains the Chicago soy complex as well as from European rapeseed and Malaysian palm oil. Tight old crop supplies continued to […] Read more

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, seeing some follow-through buying interest after Friday’s rally as sharp gains in Chicago Board of Trade soyoil provided support. Bullish chart signals and ongoing concerns over tight old crop supplies contributed to the move higher in canola. […] Read more