Futures markets

WINNIPEG – The ICE Futures canola market was mixed on Friday despite rising prices for comparable oils. There will be no canola trading on Monday due to the Victoria Day holiday. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also showed some strength amid optimism that the United States government

By Glen Hallick, MarketsFarm WINNIPEG, May 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures gave up overnight gains and were turning lower on Friday morning. Increases in global crude oil prices were fading, with spillover still going to the vegetable oils. Support for canola came from gains in the Chicago soy complex and Malaysian palm

WINNIPEG — The ICE Futures canola market extended its downturn on Thursday despite mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were both up, while Malaysian palm oil was down. Crude oil lost more than US$1 per barrel due to recession fears and speculation the United States Federal Reserve will raise interest rates

WINNIPEG – The ICE Futures canola market extended its downturn on Thursday despite mixed sentiment in comparable oils. Chicago soyoil was higher to start the day, while Malaysian palm oil was lower and European rapeseed was mixed. Crude oil eased off after making large gains on Wednesday. One analyst said that one major influence on

By Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning due to declines in most comparable oils. The Chicago soy complex and Malaysian palm oil were to the downside, while there were upticks in European rapeseed. Global crude oil prices were slightly lower, adding more pressure

WINNIPEG – The ICE Futures canola market was in decline on Wednesday due to pressure from vegetable oils. Chicago soyoil extended its losses, as well as those for European rapeseed and Malaysian palm oil. However, crude oil gained more than US$2 per barrel due to optimism over the United States government raising its debt ceiling.

WINNIPEG – The ICE Futures canola market was in decline on Wednesday due to pressure from vegetable oils. Chicago soyoil extended its losses, as well as those for European rapeseed and Malaysian palm oil. However, crude oil showed some strength, providing support for canola prices. One analyst said the overall weakness in the Chicago soy

By Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw gains in the nearby contracts on Wednesday morning while the more deferred positions were lower. The Chicago soy complex was lower, as were European rapeseed and Malaysian palm oil. Slight upticks in global crude oil prices helped to temper further

WINNIPEG – The ICE Futures canola market was slightly lower on Tuesday despite a major downturn in the Chicago soy complex and vegetable oils. Chicago soyoil lost more than two United States cents per pound, while Malaysian palm oil and European rapeseed were lower. Crude oil showed some slight weakness as Chinese economic concerns were