Futures markets

WINNIPEG – The ICE Futures canola market closed the week on a high note, receiving support from comparable oils. Chicago soyoil was up more than two United States cent per pound, while European rapeseed and Malaysian palm oil also made major gains. Crude oil, however, was in the red at mid-afternoon. The Canadian dollar was

WINNIPEG – The ICE Futures canola market looked to close the week on a high note, receiving support from comparable oils. Chicago soyoil was up more than one United States cent per pound, while European rapeseed and Malaysian palm oil also made major gains. Crude oil was also in positive territory after U.S. officials denied

By Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were a pinch lower on Friday morning in choppy trading. Along with support from Chicago soybeans and soyoil, there were strong gains in European rapeseed and Malaysian palm oil. Chicago soymeal was down a little. Global crude oil prices have turned

WINNIPEG — The ICE Futures canola market settled with solid gains on Thursday, recovering from earlier losses as a rally in Chicago soyoil provided support. Weather uncertainty on the Prairies also boosted canola prices. Chicago soyoil surged and European rapeseed showed strength, while Malaysian palm oil was lower. Crude oil also moved lower today on

WINNIPEG – The ICE Futures canola market was higher for the July contract but lower for the deferreds in the middle of trade on Thursday. Chicago soyoil and European rapeseed were both showing strength, while Malaysian palm oil was lower. Crude oil moved lower today on speculation the United States Federal Reserve is set for

WINNIPEG – Intercontinental Exchange (ICE) canola futures slipped on Thursday morning, due to a lack of sufficient support from comparable oils. Chicago soyoil and European rapeseed were up but Malaysian palm oil was lower. Additional pressure came from small losses in Chicago soybeans while soymeal eased back. Small upticks in global crude oil prices provided

WINNIPEG — The ICE Futures canola market was steady to higher on Wednesday, hours after the latest key interest rate announcement by the Bank of Canada. The country’s central bank decided to raise its key interest rate by 25 basis points to 4.75 per cent on Wednesday morning in an effort to combat inflation. At

WINNIPEG – The ICE Futures canola market was lower on Wednesday as early strength in the oilseed was erased after the latest key interest rate announcement by the Bank of Canada. The country’s central bank decided to raise its key interest rate by 25 basis points to 4.75 per cent on Wednesday morning in an

By Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures inched upward on Wednesday morning, with nearly all of the activity concentrated in the July and November contracts. Modest upticks in global crude oil prices lent support to the vegetable oils, such as to Malaysian palm oil. However, European rapeseed and