Futures markets

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 2 (MarketsFarm) – The ICE Futures canola market was posting solid gains Tuesday morning, seeing a continuation of Monday’s recovery off nearby lows. Strength in Chicago soyoil provided spillover support, with European rapeseed and Malaysian palm oil futures also higher as activity resumed in those markets after May

By Glen Hallick, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed on Monday, with modest gains in the old crop months, while the new crop positions were steady to lower. Pressure on the Canadian oilseed not only came from declines in global crude oil prices, but also from the

By Glen Hallick, MarketsFarm WINNIPEG, May 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Monday, as an analyst said the failure of the First Republic Bank in the United States was, “clouding the markets across the board.” To stave off the worse of the failure’s repercussions, federal regulators in the U.S.

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, May 1 (MarketsFarm) – The ICE Futures canola market was weaker Monday morning, seeing a continuation of the selling pressure that weighed on prices the previous week and testing chart support to the downside. Losses in Chicago soyoil accounted for some spillover weakness in the Canadian oilseed. Many outside

WINNIPEG – The ICE Futures canola market was mostly lower on Friday, pressured by gains in the Canadian dollar and negative sentiment in vegetable oils. While Chicago soyoil was up, European rapeseed and Malaysian palm oil both dropped sharply. Crude oil, however, nearly gained US$2 per barrel despite being on track for a sixth-straight monthly

WINNIPEG – The ICE Futures canola market extended Thursday’s losses, pressured by the loonie and negative sentiment in vegetable oils. While Chicago soyoil was up, European rapeseed and Malaysian palm oil both sharply dropped. Crude oil, however, gained US$1 per barrel despite being on track for a sixth straight monthly loss. One analyst said that

By Glen Hallick, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, getting mixed support from comparable oils. The only gain was in the very lightly traded March 2024 contract. While there were gains in Chicago soybeans and soymeal, soyoil was a pinch lower. Malaysian palm oil was