Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 18 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Wednesday, as a general ‘risk off’ sentiment in the global financial and commodity markets weighed on values. Chicago Board of Trade soyoil futures were down sharply on the day, cutting into canola crush margins. European rapeseed and

By Glen Hallick, MarketsFarm WINNIPEG, May 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, with the largest steps back in the new crop months. The Canadian oilseed followed declines in Chicago soyoil and European rapeseed. There were increases in Chicago soybeans and soymeal, as well as Malaysian palm oil that

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – The ICE Futures canola market was mostly lower at Tuesday’s close, retreating from earlier gains as traders booked profits on their large long positions. The old crop July contract hit fresh highs in early trade before turning lower as the day progressed. Strength in Chicago Board

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 17 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Tuesday, touching fresh highs in the old crop July contract as bullish technical signals kept speculators adding to their long positions. Strength in Chicago Board of Trade soyoil provided spillover support, with Malaysian palm oil also up

By Glen Hallick, MarketsFarm WINNIPEG, May 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued to add gains on Tuesday morning in very light activity. The Canadian oilseed has been on the rise since Friday. There was support coming from small increases in the Chicago soy complex, but European rapeseed and Malaysian palm oil were

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, seeing a continuation of Friday’s gains as a rally in wheat pulled most other agricultural commodities up as well. News over the weekend that India would limit wheat exports provided the catalyst for the strength in wheat.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 16 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, seeing a continuation of Friday’s gains as a rally in wheat pulled most other grains and oilseeds higher as well. News over the weekend that India would limit wheat exports caused wheat futures to gap higher.

By Glen Hallick, MarketsFarm WINNIPEG, May 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were the rise Monday morning, gleaning support from gains in the Chicago soy complex and European rapeseed. Meanwhile, the markets in Malaysia are closed for a holiday. There’s some pressure on edible oils from small declines in the global crude oil

By Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed stronger on Friday, after getting off to a shaky start earlier in the session. While low volumes of activity accounted for the immediate swing upward in canola, strong spillover from the Chicago soy complex and European rapeseed pushed the Canadian