Futures markets

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 13 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Monday, taking some direction from Chicago soyoil. Malaysian palm oil was also down in overnight trade, but European rapeseed and Chicago soybeans moved higher. Canola was holding within a narrow trading range from a

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, due to pressure from comparable oils. Chicago soyoil and soybeans were down, while soymeal was up. There were also declines in European rapeseed and Malaysian palm oil. Global crude oil prices were taking a small step

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 10 (MarketsFarm) – The ICE Futures canola market was mixed at Friday’s close, gains in the front months and losses in the more deferred positions. A rally in Chicago soyoil helped pull the nearby canola contracts up from earlier losses, with solid export demand also supportive. Canada exported

WINNIPEG – The ICE Futures canola market was mixed with negative sentiment at midday Friday, pressured by a rising Canadian dollar. While Chicago soyoil made gains, European rapeseed was mostly higher and Malaysian palm oil was down. Crude oil rose by more than US$1 per barrel after Russia said it will cut its crude oil

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 10 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, with strength in the Canadian dollar accounting for some of the activity. The currency was up by nearly half-a-cent relative to its United States counterpart, which cuts into crush margins and makes exports less attractive to

WINNIPEG – Despite a late-day upward push by the March contract, the ICE Futures canola market declined for the third-straight session on Thursday, being pulled down by comparable oils. Chicago soyoil was in the red, as well as European rapeseed and Malaysian palm oil. Crude oil was also in decline due to a rise in

WINNIPEG – The ICE Futures canola market continued its ongoing downturn on Thursday to go along with weakness in comparable oils. Chicago soyoil was down, as well as European rapeseed and Malaysian palm oil. Crude oil dropped by nearly US$2 per barrel due to a rise in United States stockpiles and an assessment of Chinese

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 9 (MarketsFarm) – The ICE Futures canola market was slightly weaker Thursday morning, seeing a continuation of Wednesday’s losses in early activity. Weakness in Chicago soyoil and European rapeseed futures accounted for some spillover selling pressure in the Canadian oilseed. A firmer tone in the Canadian dollar was