Futures markets

WINNIPEG – The ICE Futures canola market was higher on Friday amidst lighter trading and positioning ahead of the holiday weekend. There will be no ICE canola trading on Dec. 26 and 27 due to the Christmas Day and Boxing Day holidays. Chicago soyoil was also higher, while European rapeseed and Malaysian palm oil were

WINNIPEG – The ICE Futures canola market was lower at midday on Friday because of lighter trading and positioning ahead of the holiday weekend. There will be no ICE canola trading on Dec. 26 and 27 due to the Christmas Day and Boxing Day holidays. One trader said the canola market on Friday morning was

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Dec. 23 (MarketsFarm) – The ICE Futures canola market was mixed Friday morning, lacking any clear direction as traders adjust positions ahead of the holidays. The canola market will be closed next week Monday and Tuesday for Christmas and Boxing Day, with many participants already moving to the sidelines.

WINNIPEG – The ICE Futures canola market was modestly higher on Thursday, supported by a weaker Canadian dollar. Both Chicago soyoil and Malaysian palm oil were lower this morning, while European rapeseed was mixed. Crude oil was lower as it was pulled down by a stronger U.S. greenback. At mid-afternoon, the Canadian dollar was three-tenths

WINNIPEG – The ICE Futures canola market was mixed on Thursday, swayed by weakness in crude oil and the Canadian dollar. Chicago soyoil was lower this morning, as well as Malaysian palm oil, while European rapeseed was higher. Crude oil was lower as it was affected by declining stockpiles in the United States as well

By MarketsFarm WINNIPEG, Dec. 22 (MarketsFarm) – The ICE Futures canola market was mostly higher Thursday morning in subdued trade as participants square positions ahead of the holidays. The March contract moved above both its 20- and 100-day moving averages, encouraging some additional chart-based buying. Solid end-user demand contributed to the gains, as crush margins

WINNIPEG – After a day of light and choppy trade, the ICE Futures canola market closed in positive territory. Chicago soyoil was slightly stronger, while European rapeseed and Malaysian palm oil were both significantly higher. Crude oil rose more than US$1 per barrel after the Energy Information Agency (EIA) reported that United States crude oil

WINNIPEG – The ICE Futures canola market struggled to find direction at midday Wednesday amid light trading despite rises in crude and vegetable oils. One trader said that as the holiday season approaches, farmers are “staying close to home.” “They’re not anxious to make any sales at this time of year. If they’re going to