Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Monday, due to declines in comparable oils. The most heavily traded January contract broke through its C$700 per tonne support level, to which an analyst commented “that’s not good news.” Despite rising tensions in the Middle East,

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 23 (MarketsFarm) – The ICE Futures canola market was weaker Monday morning, testing fresh four-month lows as bearish technical signals weighed on values. Losses in Chicago soybeans accounted for some spillover selling pressure, although soyoil was holding above unchanged in most months. European rapeseed was mixed, and Malaysian

WINNIPEG — The ICE Futures canola market was in mixed territory on Friday with similar sentiment in comparable oils. Chicago soyoil was up, as well as Malaysian palm oil while crude oil was mixed. However, European rapeseed was lower. At mid-afternoon, the Canadian dollar gained less than one-tenth of a U.S. cent compared to Thursday’s

WINNIPEG – The ICE Futures canola market corrected itself from Thursday’s downturn, getting support from Chicago soyoil and crude oil. Chicago soyoil was up by approximately one United States cent per pound, while crude oil rose amid ongoing tensions in the Middle East. Limiting canola’s gains were European rapeseed and Malaysian palm oil, which were

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 20 (MarketsFarm) – Intercontinental Exchange canola futures continued to drop back on Friday morning, adding to yesterday’s sharp losses. An analyst suggested on Thursday that, “the fundamental structure has changed” in the canola market, and noted the spreads were falling apart after tightening last week. Support from comparable oils

WINNIPEG — The ICE Futures canola market fell hard on Thursday, as it dropped past support levels in following the lead of other vegetable oils to the downside. Chicago soyoil declined by more than one United States cent per pound, while Malaysian palm oil and European rapeseed were also lower. Crude oil was higher despite

WINNIPEG – The ICE Futures canola market was taking a tumble on Thursday, as it fell past support levels as it followed the lead of most vegetable oils. Chicago soyoil was down by more than one United States cent per pound, while Malaysian palm oil was also lower and European rapeseed was mixed. Crude oil