Futures markets

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 16 (MarketsFarm) – The ICE Futures canola market held onto small gains on Thursday, with the largest advances in the new crop months. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, lending support to canola. Weakness in the Canadian dollar was

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 16 (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, underpinned by activity in outside markets. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, lending support to the Canadian oilseed. Weakness in the Canadian dollar was also supportive,

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, due to support from some vegetable oils. While Chicago soybeans and soymeal were lower, soyoil nudged up by less than a tenth of cent. More support came from stronger gains in Malaysian palm oil and much

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 15 (MarketsFarm) – The ICE Futures canola market was mixed at Wednesday’s close, with losses in the front months and gains in the more deferred positions. A rally in Chicago soyoil and a weaker tone in the Canadian dollar provided underlying support, with wide crush margins likely keeping

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 15 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, as broad selling pressure weighed on the North American grains and oilseeds. “There’s been a shift in the underlying sentiment of the markets,” said a broker on the general bearishness pervading the futures trade. The

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, getting pressure from losses in comparable oils. There were declines in the Chicago soy complex, but soyoil was attempting to recover. European rapeseed and Malaysian palm oil were down as well. Added to that were small

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday after a choppy trading day that saw prices hold within a relatively narrow range. Losses in Chicago soybeans accounted for some spillover selling pressure in the Canadian oilseed, but soyoil recovered from its own lows and was

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 14 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Tuesday, although values remained rangebound overall. “The (canola) market doesn’t know what to do, it’s just going up and down in a fairly narrow range,” said a trader on the choppy activity. Losses in