Futures markets

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

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, as activity resumed following the Remembrance Day long weekend. The canola market was closed Friday, while the grains and oilseeds in the United States traded their usual hours. While Chicago soybeans and soyoil futures were both

By Glen Hallick, MarketsFarm WINNIPEG, Nov. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower on Monday morning following overnight increases. The canola market was closed on Friday for Remembrance Day. Outside of support from small upticks in Chicago soymeal, pressure on canola was coming from losses in Chicago soybeans and soyoil, as

WINNIPEG – The ICE Futures canola market was trading lower on Thursday, returning to early week declines. Chicago soyoil was trading higher while soy meal was lower. European rapeseed was down and Malaysian palm oil was mostly higher. Crude oil made small gains. At mid-afternoon, the Canadian dollar was trading six-tenths of a United States

WINNIPEG – The ICE Futures canola market was striking a mixed tone at midday on Friday, trading higher on the nearby contract and lower on the deferreds. One trader said that there is no major player taking control of the canola market, causing prices to stay rangebound and directionless. “We’re kind of in a neutral