Futures markets

WINNIPEG – The ICE Futures canola market showed some weakness on Friday, along with comparable oils. The Canadian Grain Commission reported that 72,500 tonnes of canola were exported last week, bringing the year-to-date export total to 565,200 tonnes. Chicago soyoil was lower and European rapeseed was mixed, while Malaysian palm oil was mostly lower in

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 29 (MarketsFarm) – The ICE Futures canola market was posting small gains Friday morning, holding above nearby support levels as traders adjusted positions ahead of the weekend. After trending lower for most of the past month the November contract appears to have uncovered support around the C$710 per

WINNIPEG — The ICE Futures canola market was under pressure from comparable oils on Thursday after two days of gains. Chicago soyoil lost more than one United States cent per pound and European rapeseed was also lower. Crude oil lost more than one U.S. dollar per barrel. There was no trading for Malaysian palm oil

WINNIPEG – The ICE Futures canola market was under pressure from comparable oils on Thursday after two days of gains. Chicago soyoil lost more than one United States cent per pound and European rapeseed was also lower. Crude oil was in the red to start the day as well. There was no trading for Malaysian

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 28 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, taking back some of Wednesday’s gains. The November contract climbed above the psychological C$720 per tonne level on Wednesday, but was retesting that chart point amid ideas the corrective bounce was overdone. Losses in Chicago soyoil

WINNIPEG – The ICE Futures canola market made gains on Wednesday, receiving a large amount of support from comparable oils. Chicago soyoil was up, while European rapeseed and Malaysian palm oil were also higher. Crude oil gained approximately two U.S. dollars per barrel after a large draw from already depleted United States stockpiles. At mid-afternoon,

WINNIPEG – The ICE Futures canola market made gains on Wednesday, receiving a large amount of support from comparable oils. Chicago soyoil was up more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also higher. Crude oil gained approximately two U.S. dollars per barrel after a large draw

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 27 (MarketsFarm) – The ICE Futures canola market was posting solid gains Wednesday morning, seeing a continuation of Tuesday’s corrective bounce off nearby lows. Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed and Malaysian palm oil all stronger. Wide crush margins and ideas that