Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mostly lower at midday Thursday, with only the lightly-traded May 2023 contract seeing any gains. A trader noted that canola has been particularly erratic lately, with significant swings up and down. He said that the Canadian oilseed was

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 2 (MarketsFarm) – The ICE Futures canola market was posting small gains Thursday morning. Follow-through selling after Wednesday’s losses had weighed on the market in overnight activity before some support was uncovered to the downside. The old crop July contract dropped below its 20-day moving average on Wednesday and

By Glen Hallick, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) finished weaker on Wednesday, largely due to steep declines in United States wheat and corn. Losses in Chicago soymeal and European rapeseed contributed to the pressure. However, there were gains in Chicago soybeans and soyoil, as well as Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were retreating at midday Wednesday, due to “wheat/corn dynamics” said a trader. The United States markets were experiencing sizeable losses in corn and the wheat complex that added pressure onto other commodities including the oilseeds, he explained. The trader

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning in choppy trade. After holding relatively steady on Tuesday while the United States soy complex posted large losses, canola was possibly realigning itself with the Chicago futures. Soyoil and European rapeseed futures were weaker again on Wednesday,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market was mixed at Tuesday’s close as spillover pressure from declines in the Chicago soy complex was countered by concerns over Canadian production. Chart-based speculative selling weighed on the nearby July contract. Traders exited long positions in the front month while most

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 – (MarketsFarm) – ICE Futures canola contracts were lower at midday Tuesday, retreating from earlier gains as a downturn in Chicago Board of Trade soyoil spilled over to weigh on values. Chart-based speculative selling contributed to the declines, as speculators holding long positions look to exit the front

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The ICE Futures canola market narrowly mixed Tuesday morning, finding some support from Chicago Board of Trade soyoil as activity resumed in the United States markets after the Memorial Day holiday. European rapeseed futures were also up in overnight activity, with strength in crude oil supportive

By Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – Although canola futures on the Intercontinental Exchange (ICE) finished lower on Monday, they improved from larger losses earlier in the session. With the United States markets closed for Memorial Day, there was no direction from the Chicago soy complex. However, pressure came from declines in European