Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) – Intercontinental Exchange canola futures closed lower on Monday, after giving up earlier gains. Pressure on the Canadian oilseed came from sharp losses in Chicago soybeans, along with more modest setbacks in Chicago soyoil and soymeal, plus those in Malaysian palm oil. There was support for canola

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) – Intercontinental Exchange canola prices were higher at mid-morning Monday, despite Statistics Canada raising its production estimate for the oilseed. StatCan placed canola output for 2023/24 at 18.33 million tonnes, up from its September projection of 17.37 million, due to better than expected yields. However, last year

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in a downturn on Friday as traders positioned themselves ahead of Statistics Canada’s principal field crop production report on Dec. 4. Losses in the Chicago soy complex hurt canola prices, while European rapeseed and Malaysian palm oil were also lower. Crude oil was slightly higher after

The ICE Futures canola market was in a downturn on Friday as traders positioned themselves ahead of Statistics Canada’s principal field crop production report on Dec. 4. Losses in the Chicago soy complex were hurting canola prices, while European rapeseed and Malaysian palm oil were also lower. Crude oil was slightly higher after OPEC+ announced

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 1 (MarketsFarm) – Intercontinental Exchange canola futures continued to fall back Friday morning, due to losses in comparable oils as the front contracts slipped below the C$700 per tonne psychological level. The Chicago soy complex was lower, however soyoil was close to unchanged. European rapeseed and Malaysian palm oil

Glacier FarmMedia MarketsFarm — As November came to a close, the ICE Futures canola market was under pressure by weaknesses in most comparable oils. While Malaysian palm oil was stronger, Chicago soyoil and European rapeseed were down. Crude oil was also in decline as OPEC+ met today to discuss possible supply cuts. The Canadian dollar

Glacier FarmMedia MarketsFarm – As November comes to a close, the ICE Futures canola market was put under pressure by weaknesses in most comparable oils. While Malaysian palm oil was stronger, Chicago soyoil was down and European rapeseed was mostly lower. Crude oil was also in decline as OPEC+ met today to discuss possible supply