Futures markets

By MarketsFarm WINNIPEG, Oct. 14 – The following is a glance at the news moving markets in Canada and globally. – Former United States President Donald Trump has been subpoenaed to appear before the committee investigating the Jan. 6, 2021, attack on the country’s Capitol Building. The bipartisan committee voted unanimously to call on Trump,

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Friday morning in choppy trading. Declines in global crude oil prices weighed on vegetable oil values. In turn, Chicago soyoil and European rapeseed were lower, putting pressure on canola. Support for the Canadian oilseed came from increases

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, recovering from earlier declines in sympathy with outside markets. Inflation data out of the United States initially weighed on the grains and oilseeds, but the selling pressure subsided and a move higher in crude oil helped pull

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 13 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, recovering from earlier declines as outside markets also reversed trajectory. Inflation data out of the United States initially weighed on the grains and oilseeds, with the country’s consumer price index beating expectations and causing the U.S.

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday morning, due to weakness in comparable oils. That included pull backs in the Chicago soy complex, European rapeseed and Malaysian palm oil. Declines in global crude oil prices weighed on vegetable oils. The Prairie weather forecast has

Compiled by Glen Hallick, MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The Canadian dollar slid downward Wednesday to some of its lowest levels in two years, due to inflation worries in the United States and weaker crude oil prices. The loonie finished the day at US$0.7245 or US$1=C$1.3802, compared to Tuesday’s close of US$0.7260 or US$1=C$1.3775.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as chart-based buying and spillover from gains in the Chicago soy complex provided support. Canola showed independent strength to start the day, as wide crush margins and solid end user demand provided support despite early losses in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 12 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, taking back Tuesday’s losses. The gains in canola came despite a softer tone in Chicago soyoil and overnight declines in European rapeseed futures, with speculative positioning ahead of the monthly supply/demand report from the United States