Futures markets

WINNIPEG – The ICE Futures canola market was adding onto yesterday’s gains on Tuesday morning due to strength in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all on the rise, while crude oil struggled to find direction. A Colorado low is expected to bring a mix of heavy rain and snow

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 17 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, as spillover from outside markets and chart-based positioning provided support. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, contributing to the bullish tone in canola. Speculative fund traders covering

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 17 (MarketsFarm) – The ICE Futures canola market was stronger at midday Monday, as spillover from outside markets and speculative positioning provided support. Managed money fund traders reduced their net short position slightly in the latest Commitment of Traders data but were still holding a large net short

WINNIPEG – The ICE Futures canola market was stronger to start the day, receiving spillover from vegetable oils. Chicago soyoil was higher, as well as European rapeseed and Malaysian palm oil. However, crude oil showed declines due to inflation concerns and a rising United States dollar. The Canadian dollar was down more than one-tenth of

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday, due to pressure from other vegetable oils. There were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Small gains in global crude oil prices provided a little bit of support for the veg

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower at midsession on Friday, giving up earlier gains. “There’s no reason canola should trade higher today,” an analyst commented. There were declines in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Global crude

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, April 14 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, with chart-based positioning ahead of the weekend behind some of the activity. Speculators are still holding large short positions in the nearby canola contracts and have been busy covering those positions and rolling into the more

By Glen Hallick, MarketsFarm WINNIPEG, April 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lost their gains from earlier in the session on Thursday, finishing with small losses. Traders continuing to exit their short positions provided the upward momentum for canola, but losses in other oilseeds were too much to fend off. European rapeseed, Malaysian