Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were closed on Friday to mark the second annual National Day for Truth and Reconciliation in Canada. The week saw canola prices rise as the nearby November contract added more than C$32 per tonne. Daytime trading is set to resume on

By MarketsFarm WINNIPEG, Sept. 30 (MarketsFarm) – The ICE Futures canola market is closed for trading and clearing operations on Friday, Sept. 30, for the National Day for Truth and Reconciliation. Trading resumes Sunday evening at the normal time for trade date Monday, Oct. 3. Many other government and financial institutions across Canada will also

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures pushed higher on Thursday, with double-digits gains in heavy trading. Support was derived from increases in Chicago soybeans and particularly soyoil. Additional spillover came from gains in European rapeseed and Malaysian palm oil. However there were some losses in Chicago soymeal.

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were getting stronger at midday Thursday with double-digit increases amid heavy volumes of trading. An analyst chalked up the gains to further losses in the Canadian dollar. Although the United States dollar was relatively steady today, the loonie was on the

WINNIPEG – The ICE Futures canola market was higher on Thursday morning, largely due to strength in vegetable oils. Rain was forecast for much of Alberta today with high temperatures in the low-20 degrees Celsius range. Meanwhile, in Saskatchewan, the mercury was expected to reach the high-20s with sunny skies. Southern Manitoba will have clear

By MarketsFarm WINNIPEG, Sep. 28 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, seeing a recovery after falling to its weakest level in over two years relative to its United States counterpart on Tuesday. The Canadian dollar settled at US$0.7321 or US$1=C$1.3660 on Wednesday, which compares with Tuesday’s close of US$0.7285 or US$1=C$1.3726. A

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished higher on Wednesday, having turned around from earlier declines. Support for the Canadian oilseed came from gains in European rapeseed and Chicago soybeans. While Chicago soyoil and soymeal were lower, they came well away from earlier lows. Declines in Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Wednesday due to weakness in Malaysian palm oil, according to an analyst. He said palm oil has lost 17 per cent of its value over the last five days, putting pressure on canola. However, he noted that