Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession Thursday, in what a trader said was short covering ahead of a series of reports from the United States Department of Agriculture (USDA). Among the 11 reports the USDA will publish today will be its supply and

WINNIPEG – The ICE Futures canola market rallied on Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil was higher, but European rapeseed was mixed and Malaysian palm oil was mostly lower. The United States Department of Agriculture (USDA) will release both its monthly supply/demand estimates as well as its quarterly grain stocks report

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Despite decent increases in the morning, Intercontinental Exchange (ICE) canola futures closed lower on Wednesday. During the course of today’s session, losses developed in Chicago soyoil with additional pressure coming for declines in Malaysian palm oil. Support was derived from advances in Chicago soybeans and soymeal,

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at mid-session Wednesday, trying to reclaim at least a small portion of their losses over the last couple of sessions. An analyst stressed that canola has been rangebound during the last six to seven months, and it’s probably to

WINNIPEG – After two straight days of losses, the ICE Futures canola market regained positive momentum on Wednesday morning thanks to strength in comparable oils. While Chicago soyoil was lower, European rapeseed and Malaysian palm oil were mostly higher early Wednesday. Crude oil gained more than US$1 per barrel as optimism for a resurgence of

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Tuesday, with losses again hitting double digits. Declines in the Chicago soy complex, European rapeseed and Malaysian palm oil contributed to the pull back in canola. Small gains in global crude oil prices helped to temper further losses

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued lower at mid-session Tuesday, feeling pressure from comparable oils. However, prices remained rangebound. Losses in Chicago soyoil, European rapeseed and Malaysian palm oil were putting pressure on canola. Some support came from upticks in Chicago soybeans and soymeal. Global crude

WINNIPEG – For the second straight day, the ICE Futures canola market was down at the start of trading due to spillover from vegetable oils. Chicago soyoil was steady, but European rapeseed and Malaysian palm oil were both lower on Tuesday morning. Meanwhile, crude oil continued its rally from Monday after China rescinded all of

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures weaker on Monday, getting pressure from losses in most vegetable oils. Chicago soybeans and soymeal, as well as European rapeseed and Malaysian palm oil were to the downside today. There were small upticks in Chicago soyoil. Increases in global crude oil