Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 20 – (MarketsFarm) – ICE Futures canola contracts were sharply weaker at midday Monday, as declines in outside oilseed markets weighed on values. Malaysian palm oil and European rapeseed futures were both down on the day, with last week’s selloff in crude oil bearish for vegetable oil in general.

By Glen Hallick, MarketsFarm WINNIPEG, June 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to slide back on Monday morning, carrying on from last week’s retreat as new crop contracts have slipped under C$1,000 per tonne. The United States markets are closed today to mark Juneteenth, with trading set to resume this evening. There

By Glen Hallick, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) fell hard on Friday in heavy trading, as tumbling crude oil prices weakened North American oilseeds. Losses in Chicago soybeans and especially sharp declines in soyoil weighed on canola values. A moderate pull back in Malaysian palm oil added

By Glen Hallick, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were weaker at midday Friday, due to tumbling crude oil prices weighing on vegetable oil values. “Crude oil is the big mover. The overall macro is this recession is going to cause oil to decline,” an analyst commented. A

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, hitting fresh two-month lows as investors continued to bail out of long positions. Losses in Chicago soyoil and Malaysian palm oil contributed to the declines in canola, although European rapeseed was stronger. Recent rains in the western

By Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were weaker on Thursday, caught up in a sell-off of vegetable oils. Declines in Chicago soyoil and Malaysian palm oil weighed on values. However support came from increases in Chicago soybeans and soymeal. After choppy trading earlier today, global

By Glen Hallick, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) remained lower at midday Thursday, following comparable oils to the downside. An analyst commented there’s a sell-off in the vegetable oil market that’s associated with the fluctuations in global crude oil prices. As well, weakness in the stock markets