Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise Wednesday morning, due to spillover from gains in comparable oils. Not only was there support coming from the Chicago soy complex, but European rapeseed and Malaysian palm oil as well. Global crude oil prices were also higher,

WINNIPEG – The ICE Futures canola market ended the day in positive territory on Tuesday, due to spillover from a rally in the Chicago soy complex. Chicago soyoil and Malaysian palm oil were both higher, while European rapeseed was lower at close. Crude oil made small gains limited by rising interest rates at central banks

WINNIPEG – The ICE Futures canola market was trading sideways to lower on Tuesday despite a rebound in the Chicago soy complex. One trader said that while there were supportive factors for canola, there is little trade activity due to the upcoming holiday season and farmers aren’t interested in selling. “Farmers are cash-adequate going into

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, despite modest gains in the Chicago soy complex. However, there were declines in European rapeseed and Malaysian palm oil. Global crude oil prices were slightly higher, offering some support to vegetable oils. Trading volumes are expected

WINNIPEG – The ICE Futures canola market had a significant drop to start the week as the holiday season approaches. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil was trending in positive territory, affected by higher interest rates in central banks and the easing of COVID-19 restrictions in

WINNIPEG – The ICE Futures canola market was lower to start the week, despite very little direction in crude and vegetable oils. One expert said that the overall weakness in canola prices is likely due to lower trade numbers as markets wind down before the holiday season. Chicago soyoil was fractionally higher and Malaysian palm

WINNIPEG, Dec. 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, while comparable oils were mixed. There were declines in Chicago soybeans and soymeal, as well as European rapeseed. Increases in Chicago soyoil and Malaysian palm oil tempered further losses. Upticks in global crude oil prices lent support to vegetable oils.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – The ICE Futures canola market was mixed at Friday’s close, with losses in the most-active front months and a firmer tone in the more deferred months. Declines in crude oil and Chicago soyoil, along with general weakness in world equity markets accounted for some of the

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 16 (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, as losses in Chicago soyoil weighed on values and traders adjusted positions ahead of the weekend. Declines in crude oil and general weakness in world equity markets accounted for some of the selling pressure that spilled into