Futures markets

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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, outpacing the Chicago soy complex to the upside amid ideas canola remains cheap relative to its product values. Soybeans and soyoil at the Chicago Board of Trade had been lower earlier in the day, but managed

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were on the rise on Tuesday morning as they gained traction. Support was coming from upticks in Chicago soyoil, but there were slight declines in soybeans and soymeal. Also, European rapeseed and Malaysian palm oil were to the downside as global

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – The ICE Futures canola market was mixed on Monday, with gains in the nearby January contract and losses in the more deferred months as traders adjusted positions to start the week. Losses in Chicago soybeans and soyoil put some pressure on the Canadian oilseed, but the