Futures markets

WINNIPEG – After hitting a 21-month low on Tuesday, the ICE Futures canola market was extending its losses on Wednesday. The Chicago soy complex retreated yet again, while European rapeseed and Malaysian palm oil were also lower. Crude oil was making slight gains due to declining United States stockpiles. Traders are awaiting an announcement from

By Glen Hallick, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower in heavy trading on Wednesday morning, as pressure from losses in comparable oils pushed prices down to levels unseen in about two years. The Chicago soy complex was weaker, although soyoil stepped back slightly. However, there were more substantial

WINNIPEG — The ICE Futures canola market fell to a level unseen since June 2021. Chicago soyoil took a large drop, but European rapeseed and Malaysian palm oil were both slightly weaker. Crude oil prices were up more than US$1 per barrel on the day before the United States Federal Reserve’s meeting, which will decide

WINNIPEG – The ICE Futures canola market struggled to find direction on Tuesday, following the lead of vegetable oils. Chicago soyoil took a large drop, but European rapeseed and Malaysian palm oil were both slightly weaker. Crude oil prices advanced one day prior to the United States Federal Reserve’s meeting which will decide on any

By Glen Hallick, MarketsFarm WINNIPEG, March 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday morning, as the oilseed seeks to end its stretch of losses. Support came from gains in Chicago soybeans and soymeal, but soyoil is narrowly mixed. European rapeseed was mixed as well and Malaysian palm oil was relatively

WINNIPEG – The ICE Futures canola market was down on Monday as the May contract passed below the psychological C$740 per tonne level. While Chicago soyoil moved upwards, European rapeseed and Malaysian palm oil were both down. Crude oil was slightly higher after market concerns were eased with the announcement of UBS’s purchase of beleaguered

WINNIPEG – The ICE Futures canola market went down on Monday morning as the May contract approaches the psychological C$740 per tonne level. While Chicago soyoil moved upwards, European rapeseed and Malaysian palm oil were down. Crude oil is slightly lower after market concerns were eased with the announcement of UBS’s purchase of beleaguered rival

By Glen Hallick, MarketsFarm WINNIPEG, March 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to fall back on Monday morning due to uncertainty in the global banking system. The recent failures of two United States banks and the near collapse of Credit Suisse has shaken up the world markets, even with Swiss bank UBS

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, March 17 (MarketsFarm) – The ICE Futures canola market was lower at Friday’s close as an attempt at extending Thursday’s recovery higher failed to gain traction. Losses in outside markets, including Chicago soyoil and European rapeseed futures, accounted for some spillover selling pressure in the Canadian oilseed. However, while