Futures markets

WINNIPEG – The ICE Futures canola market ended the day lower on Wednesday, taking some direction from Chicago soyoil. Despite this, European rapeseed and Malaysian palm oil were both higher. After its rally on Tuesday, crude oil made gains once again, but U.S. crude oil inventories rose to their highest level since June 2021, putting

WINNIPEG – The ICE Futures canola market was lower at midday on Wednesday amid a mixed sentiment in comparable oils. The U.S. Department of Agriculture (USDA) will release its monthly supply/demand estimates at 11 a.m. CST. One analyst noted that trade activity for canola will be quiet until the report’s release. However, the analyst also

By Phil Franz-Warkentin, MarketsFarm WINNIPEG – The ICE Futures canola market was posting small losses Wednesday morning, with speculative profit-taking behind some of the activity. The United States Department of Agriculture is set to release its monthly supply/demand estimates later in the day, with investors showing an unwillingness to push values too far one way

WINNIPEG – The ICE Futures canola market was steady to lower after an up-and-down day of trade on Tuesday. Chicago soyoil rose, while European rapeseed was higher and Malaysian palm oil was mostly lower. Crude oil gained more than US$2 per barrel as Saudi Arabia expressed confidence in an upcoming recovery of Chinese demand. At

WINNIPEG – The ICE Futures canola market was slightly higher, but still rangebound on Tuesday. Chicago soyoil was on the rise, while European rapeseed was steady to higher and Malaysian palm oil was mostly lower. Crude oil gained approximately US$2 per barrel as Saudi Arabia expressed confidence in an upcoming recovery of Chinese demand. The

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 7 (MarketsFarm) – The ICE Futures canola market was posting small gains in most months Tuesday morning, recovering from earlier losses as a rally in Chicago soyoil provided support. Malaysian palm oil was also stronger, although European rapeseed futures were narrowly mixed. Canadian canola stocks as of Dec.

WINNIPEG — The ICE Futures canola market was higher on Monday with contracts supported by rising crude oil prices and a weaker Canadian dollar. Chicago soyoil made a slight gain, while European rapeseed was higher. The Malaysian palm oil market was closed due to a national holiday. Oil flows to the Ceyhan export terminal in

WINNIPEG – The ICE Futures canola market was mixed at midday on Monday with prices struggling to find direction. One analyst said that lower soybean prices as well as other macroeconomic pressures are limiting the upside for canola prices. However, a weakened Canadian dollar has also brought support. Chicago soyoil made a slight decline, while

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 6 (MarketsFarm) – The ICE Futures canola market was posting small losses Monday morning, taking back some of Friday’s gains as speculators adjusted positions to start the week. Losses in Chicago soybean futures accounted for some spillover selling pressure in the Canadian oilseed. However, soyoil was closer to