Futures markets

WINNIPEG – The ICE Futures canola market was struggling to find direction at midday on Monday despite lower crude oil prices. United States commodity markets are closed on Monday for Martin Luther King Jr. Day and will re-open on Tuesday. One trader also suggested that a lack of fresh news is causing little momentum in

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 16 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, with losses in the front months and gains in the more deferred new crop positions. Activity was thin and choppy, as markets in the United States were closed for Martin Luther King Jr. Day. European rapeseed

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures incurred losses in the old crop months on Friday, giving up the gains generated by yesterday’s reports from the United States Department of Agriculture. A trader noted that despite increases due to those USDA reports, the oilseed market remained rangebound. He

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower at midsession Friday, as the effects of Thursday’s reports from the United States Department of Agriculture (USDA) wore off, according to a trader. The numbers from the USDA were only significant in they were different from what the markets

WINNIPEG – The ICE Futures canola market was slightly lower on Friday morning as prices declined for vegetable oils. Chicago soyoil was down to start the day, as well as European rapeseed and Malaysian palm oil. The United States Department of Agriculture (USDA) released its monthly supply/demand estimates on Thursday, with grain markets heading in

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Thursday reaping support from the Chicago Board of Trade (CBOT) after the United States Department of Agriculture issued several reports. Those reports had a bullish effect on the soy complex, as well as other grains at CBOT. Additional

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midsession Thursday, in what a trader said was short covering ahead of a series of reports from the United States Department of Agriculture (USDA). Among the 11 reports the USDA will publish today will be its supply and

WINNIPEG – The ICE Futures canola market rallied on Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil was higher, but European rapeseed was mixed and Malaysian palm oil was mostly lower. The United States Department of Agriculture (USDA) will release both its monthly supply/demand estimates as well as its quarterly grain stocks report