Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lost their gains in the final hour of trading on Wednesday to finish a pinch lower. Support evaporated from Chicago soyoil as it to reversed course to incur losses. Pressure also came from declines in soybeans and soymeal. European rapeseed finished

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Thursday, reversing course after yesterday’s losses. A trader said the canola market will very likely remain choppy going into the crop’s harvest, which is still in its early stages across the Prairies. “It’s holding reasonably well. We