Futures markets

WINNIPEG – The ICE Futures canola market suffered double-digit losses for the second time in three sessions, dragged down by vegetable oils. Chicago soyoil was down by more than one United States cent per pound, while European rapeseed and Malaysian palm oil were also in the red. Crude oil was mostly unchanged in the middle

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 7 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, as bearish chart signals and seasonal harvest pressure continued to weigh on values. Losses in outside markets, including Chicago soyoil and Malaysian palm oil futures, added to the softer tone in canola. However, European rapeseed was

WINNIPEG — The ICE Futures canola market extended its losses on Wednesday while comparable oils had mixed sentiment. Chicago soyoil was lower, but European rapeseed and Malaysian palm oil were on either side of unchanged. Meanwhile, crude oil was in positive territory, adding onto gains made the previous day. At mid-afternoon, the Canadian dollar was

WINNIPEG – The ICE Futures canola market extended its losses suffered on Tuesday while comparable oils had mixed sentiment. Chicago soyoil was lower, but European rapeseed and Malaysian palm oil were on either side of unchanged. Crude oil was in negative territory, correcting itself from the gains made one day earlier. The Canadian dollar was

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 6 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Wednesday morning, seeing some consolidation after Tuesday’s sharp drop. The move below C$800 per tonne in the November contract was bearish from a chart standpoint, although the market was attempting to recover back above that point in overnight

WINNIPEG — The ICE Futures canola market took a tumble coming out of the Labour Day long weekend, testing the C$800 per tonne support level. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to begin the week. However, crude oil made strong gains after Saudi Arabia and Russia announced supply cuts until

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Sept. 5 (MarketsFarm) – The ICE Futures canola market was posting small losses Tuesday morning but held well within its established trading range as activity resumed following the Labour Day weekend. Declines in outside markets, including Chicago soyoil and Malaysian palm oil, accounted for some of the spillover selling

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Friday due to spillover from gains in comparable oils. While there were increases in Chicago soyoil, soybeans were mixed and soymeal was lower. Additional support came from upticks in Malaysian palm oil and European rapeseed. Higher global crude

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing upwards at midday Friday, as they gleaned support from gains in comparable oils. Spillover was coming from upticks in Chicago soyoil, plus European and Malaysian palm oil. While Chicago soybeans were narrowly mixed, a dip in Chicago soymeal applied

WINNIPEG – After two consecutive negative sessions, the ICE Futures canola market made gains on Friday morning, lifted by comparable oils. Markets in both Canada and the United States will be closed on Monday for the Labour Day holiday. Chicago soyoil and European rapeseed were both higher, while Malaysian palm oil was also up after