Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were pushing lower at midday Monday amid very light trading. The markets in the United States were closed for Memorial Day, but will reopen this evening. Pressure on canola came from declines in European rapeseed, but small gains in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 30 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Monday morning in thin and choppy trade, as many participants kept to the sidelines with markets in the United States closed for Memorial Day. Malaysian palm oil and European rapeseed futures were both mostly lower in overnight activity,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – The ICE Futures canola market was mixed on Friday, with strength in the nearby July contract and losses in the new crop months. Tight old crop supplies and bullish chart signals kept the old crop contract well supported, although the bulk of the trade volumes have

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 27 – (MarketsFarm) – ICE Futures canola contracts were mixed at midday Friday, with losses in the new crop months and a firmer tone in the nearby July contract. Forecasts calling for more precipitation in the eastern Canadian Prairies over the weekend will prolong the already slow seeding pace

By Glen Hallick, MarketsFarm WINNIPEG, May 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Friday morning, with declines in the new crop contracts. Losses in the Chicago soy complex, European rapeseed and Malaysian palm oil weighed on canola values. Global crude oil prices were narrowly mixed, providing little direction to veg oils.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, moving back above some key moving averages as gains in world vegetable oil markets provided support. Both the nearby July contract and the new crop November contract settled above their 20-day moving averages, with the bullish chart

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 26 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Thursday, as gains in outside markets provided support. “Crude oil is catching a bid and the vegetable oils are following along,” said an analyst. Chicago soyoil, European rapeseed, and Malaysian palm oil futures were all stronger with