Futures markets

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 11 (MarketsFarm) – The ICE Futures canola market was slightly weaker at midday Wednesday in thin and choppy activity. Tuesday’s close below C$710 per tonne in the nearby November contract was bearish from a technical standpoint, encouraging some follow-through selling. However, the next psychological support was holding at

WINNIPEG – The ICE Futures canola market experienced small losses on Wednesday morning despite relatively larger ones for comparable oils. Chicago soyoil and Malaysian palm oil were both down while European rapeseed was mostly lower. Crude oil was also in the red to start the day. Exxon Mobil Corp. announced today it will purchase Pioneer

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, falling below nearby chart support as losses in outside markets weighed on values. Chicago soyoil futures fell sharply lower on Monday when Canadian markets were closed for Thanksgiving and remained pointed lower on Tuesday. European rapeseed

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was weaker in heavy trading volumes at midday Tuesday, falling below nearby chart support as activity resumed following the Thanksgiving long weekend. Canadian markets were closed Monday while grains and oilseeds in the United States traded their usual hours. Chicago

WINNIPEG – Exiting the Thanksgiving Day weekend, the ICE Futures canola market started Tuesday lower, largely due to weakness in comparable oils and a stronger loonie. Chicago soyoil was down, as well as European rapeseed and Malaysian palm oil. Despite the worsening conflict between Israel and the Gaza Strip, crude oil prices were slightly lower.

WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market settled with small losses on Friday after trading to both sides of unchanged in choppy activity. Canadian markets will be closed Monday for Thanksgiving and positioning ahead of the long weekend was a feature. The nearby November contract continued to test chart support at C$710

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 6 (MarketsFarm) – The ICE Futures canola market was mostly higher at midday Friday, seeing some consolidation ahead of the weekend. Canadian markets will be closed Monday for Thanksgiving. The nearby November contract continued to test chart support at C$710 per tonne, with an early move below that

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 6 (MarketsFarm) – Intercontinental Exchange canola futures slipped back on Friday morning in choppy trading. While there were gains in Chicago soyoil and European rapeseed, losses in Malaysian palm oil as well as Chicago soybeans and soymeal weighed on values. Global crude oil prices were slightly higher, offering some