Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The ICE Futures canola market was weaker Thursday morning, as bearish chart signals and losses in outside markets weighed on values. Chicago soyoil and Malaysian palm oil futures were both lower on the day, with weakness in crude oil behind some of the selling pressure in

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower on Wednesday, continuing on with losses that began during the overnight session. However, prices finished well away from their lows. A downturn in global crude oil prices put pressures on vegetable oils. European rapeseed and Malaysian palm

By Glen Hallick, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Wednesday, following the declines in the overnight session. Losses in global crude oil prices continued to put pressure on vegetable oils. Chicago soyoil was narrowly mixed, while soybeans were mostly higher and there are gains

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, taking back some of Tuesday’s gains. Overnight losses in European rapeseed and Malaysian palm oil contributed to the softer tone in canola, although Chicago soyoil was narrowly mixed. Heavy rains in Alberta and western Saskatchewan have improved

By Glen Hallick, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) closed higher on Tuesday, in a show of independent strength from the Chicago soy complex. The complex fell back, as did Malaysian palm oil. There were gains in European rapeseed, which spilled over in to canola. After pushing higher

WINNIPEG – Canola futures on the Intercontinental Exchange (ICE) reclaimed some lost ground at midday Tuesday, after several days of steep declines. A broker said the Canadian oilseed was exercising some independent strength from the Chicago soy complex. The latter was seeing some small increases in soybeans and soyoil, while soymeal pushed lower. Losses in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing a modest correction after recent losses. Gains in Chicago soyoil and European rapeseed futures provided some spillover support, with Malaysian palm oil holding steady in overnight trade. Continued weakness in the Canadian dollar, which has lost

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) fell back further on Monday, adding to the sharp losses incurred late last week. A major sell-off in the stock and equities markets fueled the declines. Additional pressure came from downturns in the Chicago soy complex and European rapeseed.

By Glen Hallick, MarketsFarm WINNIPEG, June 13 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Monday, continuing with the losses incurred late last week. An analyst commented there’s a major sell-off in the stocks and equities markets, which is driving down commodities. There were steep declines in the Chicago soy

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 10 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, as chart-based profit-taking ahead of the weekend weighed on values. Losses in Chicago soyoil and Malaysian palm oil added to the selling pressure, with expectations for increasing palm oil exports out of Indonesia behind some of the