Futures markets

WINNIPEG – The ICE Futures canola market was steady to lower on Tuesday following a sharp decline in crude oil. Crude oil fell by US$2 per barrel on Tuesday morning due to weakened demand. In turn, European rapeseed and Malaysian palm oil were also down with the latter resuming trading after a holiday. The Canadian

By Glen Hallick, MarketsFarm WINNIPEG, April 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Tuesday morning, with the bulk of the activity in the old crop contracts as traders roll their short positions from May to July. However, pressure came from losses in the Chicago soy complex as well as in

WINNIPEG – The ICE Futures canola market was mostly lower on Monday, despite mixed sentiment in comparable oils. Statistics Canada will release its seeding intentions report on Wednesday, with canola acres projected to increase slightly to 22 million. Chicago soyoil was down, but European rapeseed made gains. Crude oil was higher as China’s Golden Week

WINNIPEG – The ICE Futures canola market was higher at midday Monday, outpacing comparable oils to the upside. Chicago soyoil was slightly down, but European rapeseed was making gains. Crude oil was higher as China’s Golden Week holiday increases air travel. However, refineries in Asia are considering reductions in operations due to declining diesel and

By Glen Hallick, MarketsFarm WINNIPEG, April 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Monday morning, with the only gain coming in the nearby May contract. The Chicago soy complex was also mixed with soyoil down by a tenth of a cent. However, support came from modest upticks in European rapeseed,

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 21 (MarketsFarm) – The ICE Futures canola market was mixed on Friday, with gains in the front months and losses in the new crop contracts. Speculative short covering accounted for much of the buying interest in the nearby contracts, with weakness in the Canadian dollar and wide crush

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 21 (MarketsFarm) – The ICE Futures canola market was mixed at midday Friday, with gains in the front months and losses in the new crop contracts. Speculators covering short positions accounted for some of the activity in the nearby contracts, with intermonth spreading a feature. Weakness in the

WINNIPEG – The ICE Futures canola market was mostly higher to start the day. Chicago soyoil and European rapeseed were lower, but there were gains in Malaysian palm oil. Crude oil is in positive territory after two days of losses, but it is still on track for its first negative week since last month’s banking

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 20 (MarketsFarm) – The ICE Futures canola market posted sharp losses for the second session in a row on Thursday as losses elsewhere spilled over to weigh on values. Chicago soyoil and European rapeseed futures were both softer on the day, with declines in crude oil contributing to