Futures markets

WINNIPEG – The ICE Futures canola market was mixed on Monday morning, lifted by rising crude oil prices. Chicago soyoil was firm, while European rapeseed and Malaysian palm oil were higher. Crude oil gained more than US$1 per barrel after exports from the Iraqi region of Kurdistan were stopped. The Canadian dollar was up one-third

WINNIPEG – After prices bounced back on Thursday following two weeks of losses, the ICE Futures canola market put in another positive session on Friday. It is the first time since Feb. 22 that canola has advanced in two consecutive days. Both Chicago soyoil and European rapeseed moved higher, while Malaysian palm oil and crude

WINNIPEG – After prices bounced back following two weeks of losses, the ICE Futures canola market was consolidating its gains on midday Friday. Both Chicago soyoil and European rapeseed moved higher, while Malaysian palm oil and crude oil have taken losses. One trader explained that canola’s rise was the product of a “complicated situation.” While

By Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise Friday morning along with European rapeseed and Chicago soyoil. This was despite sharp declines in global crude oil prices which weighed on values for Malaysian palm oil as well as Chicago soybeans and soymeal. Crush margins took

WINNIPEG — The ICE Futures canola market rebounded on Thursday after two weeks of losses despite a major downturn in the Chicago soy complex. Chicago soyoil suffered its worst loss since Dec. 1, while Malaysian palm oil and crude oil also closed lower. However, European rapeseed ended the day with positivity. On Wednesday, the United

WINNIPEG – The ICE Futures canola market was slightly weaker due to mixed sentiment in comparable oils. While the Chicago soy complex and Malaysian palm oil continued to drag canola prices down, gains in European rapeseed and crude oil were limiting canola’s losses. One analyst said that canola is in a “falling knife market”, unsure

By Glen Hallick, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed on Thursday morning, giving up overnight gains. Pressure on canola came from declines in the Chicago soy complex and Malaysian palm oil, while upticks in European rapeseed offered support. Global crude oil prices were a pinch higher, providing

WINNIPEG – After hitting a 21-month low on Tuesday, the ICE Futures canola market extended its losses further on Wednesday. The Chicago soy complex retreated yet again, while European rapeseed and Malaysian palm oil were also lower. Crude oil gained more than US$1 per barrel due to declining United States stockpiles and the Federal Reserve’s