Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The ICE Futures canola market was mixed Wednesday morning, with gains in the most actively traded months. Strength in crude oil was providing some spillover support for world vegetable oil markets, with advances in Chicago soyoil and Malaysian palm oil underpinning the Canadian oilseed as well.

By Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures mixed on Tuesday, with a loss in the old crop July and gains in the new crop positions. Trading in that July contract accounted for about two-thirds of today’s activity. A trader said it’s likely there was a great deal of

By Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mixed midday Tuesday with a loss in old crop July and gains in the new crop months. A trader said it’s very likely the result of spreading by either crushers or specs, in selling canola and buying Chicago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The ICE Futures canola market was slightly firmer Tuesday morning, seeing a modest recovery after Monday’s losses. Malaysian palm oil and European rapeseed futures were both softer in overnight activity, which put some spillover pressure on the canola market. However, Chicago Board of Trade soybeans and

By Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed lower on Monday, due to pressure from a weaker Chicago soy complex. A general sell-off in the North American stock markets combined with sharply lower global crude oil prices weighed on soy. Meanwhile, there were gains in Malaysian palm oil

By Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower midday Monday. Weakness in global crude oil prices weighed on edible oil values. That generated sharp declines in the Chicago soy complex, but Malaysian palm oil and European rapeseed remained on the plus side. A general sell-off

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The ICE Futures canola market was mixed Monday morning, with gains in the old crop July contract and losses in the more deferred months. Losses in Chicago Board of Trade soyoil futures put some spillover pressure on the market. However, European rapeseed was up in overnight

Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 9 (MarketsFarm) – The Canadian dollar was lower on Monday morning due to declines in crude oil prices and a firmer United States dollar. As of 8:38 am CDT, the Canadian dollar was at US$0.7737 or C$1.2920, compared to Friday’s close of US$0.7763 or C$1.2882. On the U.S.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 6 (MarketsFarm) – The ICE Futures canola market was weaker on Friday, dropping in sympathy with outside vegetable oil markets. Speculative profit-taking ahead of the weekend added to the declines, although canola did manage to finish off its lows for the session. Malaysian palm oil, European rapeseed and Chicago