Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, May 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, with larger gains in most of the new crop months. As increases in global crude oil prices were propping up veg oils, support for canola came from gains in the Chicago soy complex and European rapeseed.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The ICE Futures canola market was weaker on Wednesday, taking back most of its recent gains as losses in world edible oil markets weighed on values. European rapeseed and Chicago soyoil futures were weaker on the day, with concerns over reduced Chinese demand for vegetable oil

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 25 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, as losses in outside vegetable oil markets spilled over to weigh on values. Malaysian palm oil, European rapeseed and Chicago soyoil were all lower on the day, with concerns over reduced Chinese demand for vegetable oil

By Glen Hallick, MarketsFarm WINNIPEG, May 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, taking back yesterday’s gains and more. Weakness in the Chicago soy complex and in European rapeseed weighed on canola values, along with more moderate declines in Malaysian palm oil. However, small increases in global crude oil

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, with chart-based buying a feature as bullish technical signals provided support. Ongoing concerns over seeding delays across parts of the Canadian Prairies contributed to the strength, although a window of drier weather in Manitoba this week should

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 24 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, as activity resumed following the Victoria Day long weekend. Ongoing concerns over seeding delays across parts of the Canadian Prairies accounted for some of the strength in canola, although a pocket of drier weather in

By Glen Hallick, MarketsFarm WINNIPEG, May 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday morning, after trading resumed following the Victoria Day long weekend. Support for canola was spilling over from gains in Chicago soyoil and soymeal, as well as European rapeseed and Malaysian palm oil. Chicago soybeans turned a pinch

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The ICE Futures canola market posted solid gains on Friday, taking back some of the losses posted earlier in the week as investors squared positions ahead of the long weekend. Canadian markets will be closed Monday for Victoria Day while markets in the United States will