Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger Tuesday morning, the first trading day of 2023. There was support for the Canadian oilseed coming from slight upticks in Chicago soybeans, European rapeseed and Malaysian palm oil. There were small losses in Chicago soyoil and soymeal, which tempered

By Glen Hallick, MarketsFarm WINNIPEG, Dec 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday – the last day of trading for 2022. Pressure on the Canadian oilseed came from a sharp downturn in Chicago soyoil. The losses were tempered by gains in Chicago soybeans and soymeal, as well as Malaysian palm

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower at mid-session on Friday, the last day of trading for 2022. “It’s weird year-end trade,” an analyst commented. The North American grain markets will be closed on Monday to mark the New Year with no overnight session. Trading is

WINNIPEG – In the final trading day of 2022, the ICE Futures canola market was higher to start it off, despite light trade activity. Chicago soyoil continued its ongoing decline, while European rapeseed was mostly higher and Malaysian palm oil was up. Crude oil struggled to find direction on Friday morning after a restart of

By Glen Hallick, MarketsFarm WINNIPEG, Dec 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures made double-digit gains on Thursday, which an analyst said holiday trading often doesn’t make a lot of sense. Support for the Canadian oilseed came from good upticks in Chicago soyoil, as well more modest increases in European rapeseed and Malaysian palm

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at mid-session on Thursday, despite pressure from most comparable oils. An analyst chalked up the anomaly to “holiday trading which doesn’t make much sense.” He also noted these increases could fade away before the close, as what happened in

WINNIPEG – At the start of trade on Thursday, the ICE Futures canola market was higher despite weakness in most comparable oils. Crude oil was in decline due to the rising number of COVID-19 infections in China after the country eased its restrictions. A weaker U.S. dollar, the European Union and G7’s price cap on

By Glen Hallick, MarketsFarm WINNIPEG, Dec 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower in the last hour of trading on Wednesday. Pressure from weaker comparable oils erased the Canadian oilseed’s earlier gains. While there was support from strong upticks in Chicago soybeans and soymeal, losses in soyoil, European rapeseed and Malaysian palm

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at mid-session on Wednesday, as trading resumed following the holiday break. An analyst said the gains in the Canadian oilseed were largely due to it catching up with the other markets from Tuesday. The latter were backtracking today for

WINNIPEG – The ICE Futures canola market was higher at the start of Wednesday’s session as the Canadian markets resume trading after the holiday break. Crude oil was mixed to start the day, as it was affected by China’s easing of COVID-19 restrictions, the European Union and G7’s price cap on Russian crude oil and