Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, June 6 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Monday morning, due to sharp upticks in European rapeseed. There’s also support coming from gains in Chicago soybeans, while soymeal is up slightly and soyoil is narrowly mixed. There were small increases in global crude oil prices which

By Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) pulled back on Friday, as the rolling out of the old crop July contract continued. The new crop positions were still down, but finished well off of their lows. Seeding progress made good gains this week, including throughout much

By Glen Hallick, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were pulling back at midday Friday. With the largest losses coming in old crop July, an analyst commented there’s a lot of movement out of that position into new crop contracts. He also said there has likely been good

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 3 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, as speculators continued to bail out of long positions ahead of the weekend. Canola futures tested some key support points, with prices at their lowest levels in two months. Losses in Chicago soyoil, European rapeseed and Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) fell back on Thursday, after failing to recover from larger losses earlier in the session. The declines in the Canadian oilseed came despite ample support from strong upticks in the Chicago soy complex, especially in soyoil. Malaysian palm oil