Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – ICE Futures canola contracts were mostly lower at midday Tuesday, with chart-based positioning a feature as the market held within its sideways trading range. Only the nearby November contract held onto small gains, with intermonth spreading behind some of the activity as participants exit the front

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 25 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower on Tuesday morning. Losses in European rapeseed put pressure on canola, while support came from gains in Malaysian palm oil and slight upticks in the Chicago soy complex. There were small increases in global crude oil prices,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – The ICE Futures canola market was mixed on Monday, with losses in the nearby November contract ahead of its expiry and gains in the more deferred months. Losses in Chicago soybeans accounted for some spillover selling pressure in the canola market, but a firmer tone in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, with the bias to the downside in the most active months. Losses in Chicago soybeans accounted for some spillover selling pressure in the canola market, but a firmer tone in the front-month soyoil contracts provided underlying

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were beginning to move lower on Monday morning in choppy trading. Losses in Chicago soybeans and soymeal put pressure on canola, while support came from gains in soyoil. European rapeseed was easing back while Malaysian palm oil was narrowly mixed. There

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, underpinned by supportive technical signals and gains in the Chicago soy complex. The largest gains were in the nearby November contract, with intermonth spreading a feature as participants worked to exit the front month as options were

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The ICE Futures canola market was stronger at midday Friday, underpinned by supportive technical signals and gains in Chicago soyoil. Thursday’s move above key resistance levels was bullish from a chart standpoint, with wide crush margins also keeping end users in the market. Weekly Canadian canola

WINNIPEG – The ICE Futures canola market was higher on Friday morning despite a mixed tone in vegetable oils. Crude oil continues its ongoing rise but its upside has been limited due to lingering concerns over a possible worldwide recession. Chicago soyoil traded higher, while European rapeseed traded lower and Malaysian palm oil was mixed.