Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, May 4 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were steady to higher on Wednesday morning, as the most actively traded contracts recouped a portion of the losses they incurred this week. The sharp upticks in global crude oil prices were providing support to edible oils. In turn, there are

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 3 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, seeing a continuation of Monday’s sharp declines. Chart-based selling was a feature, with Monday’s losses bearish from a technical standpoint. Losses in Chicago Board of Trade soybeans and a firmer tone in the Canadian dollar also weighed

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 3 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, seeing some follow-through selling after Monday’s sharp declines. The nearby July contract had moved higher in sympathy with Chicago Board of Trade soyoil earlier in the day, but soyoil backed away from its session highs to

By Glen Hallick, MarketsFarm WINNIPEG, May 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Tuesday morning, although the losses were not as severe as those yesterday. Global crude oil prices were to the downside, which put pressure on edible oils. European rapeseed was steady to lower, while the Malaysian palm oil market

By Glen Hallick, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were down sharply on Monday, due to significant losses in European rapeseed and in the Chicago soy complex. Profit-taking was also a contributing factor in today’s losses. Meanwhile, the Malaysian palm oil market was closed for a holiday. Global crude oil

By Glen Hallick, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were down hard at midday Monday, as profit-taking and weakness in comparable oils weighed heavily on prices. As global crude oil prices retreated that was pressuring edible oils to the downside. There were steep losses in European rapeseed, with

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, May 2 (MarketsFarm) – The ICE Futures canola market was sharply weaker Monday morning, seeing a continuation of Friday’s selloff as prices continued to back away from the record highs hit last week. Losses in crude oil weighed on world vegetable oil markets, with declines in Chicago soyoil and European

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – The ICE Futures canola market was sharply lower on Friday, seeing a profit-taking correction ahead of the weekend after climbing to contract highs in recent sessions. Losses in Chicago Board of Trade soyoil and European rapeseed futures accounted for some spillover selling pressure in the Canadian

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 29 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Friday, seeing a profit-taking correction ahead of the weekend after climbing to contract highs in recent sessions. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the weakness in canola, as that