Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, June 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were down hard on Thursday morning, following significant losses in European rapeseed and Malaysian palm oil. The Chicago soy complex also saw declines in soyoil, while soybeans were mixed and soymeal was up. Small losses in global crude oil prices contributed

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – The ICE Futures canola market posted solid gains on Wednesday, taking some direction from the Chicago Board of Trade soy complex. Chart-based buying contributed to the gains, with the new crop November contract back above its 50-day moving average. Continued seeding delays in the eastern Canadian

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 8 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, taking some direction from the Chicago soy complex. Soybeans were testing fresh contract highs with soyoil also nearing its own highs. Canola continued to lag its United States counterparts to the upside, but the relative softness

By Glen Hallick, MarketsFarm WINNIPEG, June 8 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Wednesday morning, with the gains coming in the new crop contracts. There was spillover from increases in the Chicago soy complex and European rapeseed. Declines in Malaysian palm oil applied some pressure on the Canadian oilseed. Moderate

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The ICE Futures canola market was mostly lower on Tuesday, seeing a correction after Monday’s gains. Warm and dry weather in the eastern Canadian Prairies should allow farmers in the region to make some seeding progress over the next week after wet conditions earlier in the

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 7 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, as improving crop conditions weighed on values. Warm and dry weather in the eastern Canadian Prairies should allow farmers in the region to make some seeding progress over the next week after wet conditions earlier in

By Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Tuesday morning, due to declines in comparable oils. Losses in the Chicago soy complex, European rapeseed and Malaysian palm oil weighed on canola values. Global crude oil prices were slightly lower, which put pressure on vegetable oils.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, correcting off recent lows to start the week. Tight old crop supplies and uncertainty over new crop production provided underlying support for canola, with a rally in European rapeseed adding to the gains. However, soyoil futures at

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 6 – (MarketsFarm) – ICE Futures canola contracts were mostly higher at midday Monday, seeing a correction to start the week amid ideas the recent losses were overdone. The largest gains were in the nearby July contract as tight old crop supplies remained supportive. A rally in United States