Futures markets

WINNIPEG – The ICE Futures canola market was lower on Monday morning to go along with vegetable oils. While Chicago soyoil was just above neutral, European rapeseed and Malaysian palm oil were both lower at the start of the week. Crude oil was higher, however, after China issued new crude oil import quotas and a

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 6 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, with chart-based positioning to end the week and spillover support from gains in Chicago soyoil behind some of the buying interest. Canola exports and the domestic crush are both running ahead of the year-ago pace, according

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 6 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Friday, taking back Thursday’s losses as gains in Chicago soyoil provided support. Chart-based positioning to end the week contributed to the activity. European rapeseed futures were also posting small gains in the most active months, although Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Friday morning, benefitting from upticks in the Chicago soy complex. The exception being a dip in the new crop November contract. Global crude oil prices were also on the rise, which helped to stem further losses in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, taking some direction from Chicago soybeans and soyoil. Malaysian palm oil and European rapeseed futures were also down on the day, accounting for some spillover selling pressure in the Canadian oilseed. Chart-based positioning was a feature, with

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – ICE Futures canola contracts were posting small losses at midday Thursday, taking some direction from Chicago soyoil although activity was thin and choppy. “The market is heavily focused on Argentina right now,” said a trader, noting that forecasts for rain in the South American country were

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 5 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower in choppy trading on Thursday morning, in search of a clear direction. Support for the Canadian oilseed came from upticks in Chicago soyoil and European rapeseed, while pressure came from losses in soybeans and soymeal, as well as

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Jan. 4 (MarketsFarm) – The ICE Futures canola market was mostly lower at Wednesday’s close after trading to both sides of unchanged in choppy activity. Losses in crude oil weighed on world vegetable oil markets, including canola, with strength in the Canadian dollar also bearish for the oilseed. However,