Futures markets

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WINNIPEG – The ICE Futures canola market was trading in a sideways pattern at midday Wednesday to go with a mixed tone in vegetable oils. The Chicago soy complex was lower to start the day except for October soy meal. European rapeseed was higher while Malaysian palm oil was lower. Meanwhile, crude oil prices were

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 5 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, seeing some follow-through selling after Tuesday’s retreat from nearby highs. Tuesday’s activity was bearish from a chart perspective, signalling that a top may be in for the time being. Losses in Chicago soybeans and soyoil contributed to

WINNIPEG – The ICE Futures canola market rallied early Tuesday morning, but dropped to close on the negative side of unchanged. Dry and sunny weather was forecast for the Prairies on Tuesday, accompanied by above-average high temperatures in the low-20 degrees Celsius range. The conditions favoured harvesting operations, but throughout the month of September, large

WINNIPEG – The ICE Futures canola market strengthened its rally at midday Tuesday while continuing to be buoyed by rising crude and vegetable oil prices. Dry and sunny weather was forecast for the Prairies on Tuesday, accompanied by above-average high temperatures in the low-20 degrees Celsius range. Throughout the month of September, large parts of

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 4 (MarketsFarm) – The ICE Futures canola market was posting solid gains Tuesday morning, seeing a continuation of Monday’s rally as advances in outside markets provided spillover support. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were all higher, with strength in crude oil pulling world

WINNIPEG – The ICE Futures canola market settled with double-digit gains on Monday, but finished off session-highs. Strength in crude oil helped support canola as speculation grew over a potential curb in output from OPEC+. Rising crude oil prices spilled over into vegetable oils, where Chicago soyoil, European rapeseed and Malaysian palm oil also made

WINNIPEG – After the ICE Futures canola market was closed on Sept. 30 due to the National Day For Truth And Reconciliation, prices were on the rise at midday on Oct. 3, largely due to rising crude and vegetable oils. High temperatures are expected to be in the low-20s Celsius across the Prairies with a

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Oct. 3 (MarketsFarm) – The ICE Futures canola market was holding within a dollar of unchanged Monday morning as activity resumed following the long weekend. The canola market was closed Friday for the National Day for Truth and Reconciliation. The Chicago soy complex moved lower on Friday when the canola

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were closed on Friday to mark Canada’s second annual National Day for Truth and Reconciliation. Daytime trading is scheduled to resume on Monday. Temperatures across the Prairies are forecast to remain above normal through the weekend, with little chance of rain.