Futures markets

WINNIPEG – ICE Futures canola contracts were weaker at midday Friday, seeing a continuation of the downtrend that weighed on prices for most of the past week. The losses came despite gains in the Chicago soy complex and a softer tone in the Canadian dollar, which caused crush margins to widen. “I don’t know what

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning, with pressure coming from setbacks in the global crude oil prices as well as losses in Chicago soybeans and soyoil. There were small gains in Chicago soymeal plus higher increases in European rapeseed, but they couldn’t

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The ICE Futures canola market was weaker on Thursday, closing at its lowest levels in over a month as losses in outside markets weighed on values. News that the agreement allowing Ukrainian grain to ship through the Black Sea would be extended accounted for much of

WINNIPEG – ICE Futures canola contracts were sharply weaker at midday Thursday, falling in sympathy with many outside markets. News that the agreement allowing Ukrainian grain to ship through the Black Sea would be extended accounted for much of the selling pressure in the grains and oilseeds – including canola. Chicago soyoil, European rapeseed and

WINNIPEG – Intercontinental Exchange (ICE) canola futures were weaker on Thursday morning, caught up in the declines in comparable oils. There were significant losses in the Chicago soy complex, as well as in European rapeseed and Malaysian palm oil. Despite another round of Russian missile attacks on Ukraine, global tensions were said to be easing.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, retreating from earlier gains as losses in the Chicago soy complex spilled over to weigh on values. Solid end user demand and a lack of significant farmer selling provided underlying support for canola to start the day,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – The ICE Futures canola market was mixed at midday Wednesday, with a small gain in the nearby January contract and losses in the more deferred positions. A lack of significant farmer selling pressure coupled with solid end user demand accounted for much of the strength in

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stepping back on Wednesday morning, due to pressure from comparable oils. The turnaround comes after the dust settled over the missile strikes in Poland that killed two people Tuesday afternoon. That caused a flurry of activity towards the end of

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, underpinned by solid end-user demand and ideas the oilseed remains cheap relative to alternatives. News of a Russian missile strike on NATO-member Poland late in the day added to the gains, causing crude oil prices to rally