Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were higher at midday Tuesday, still building on the strong upticks spurred on by yesterday’s report from the United States Department of Agriculture (USDA). The September supply and demand estimates proved to be bullish for the soybean and corn

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 13 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing some follow-through buying interest after Monday’s rally. The nearby November contract was trading back above the C$800 per tonne level, which was supportive from a technical standpoint. Gains in Chicago soyoil and other outside markets, including

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 12 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) made sizeable gains on Monday, due to a surge in the Chicago soy complex. The United States Department of Agriculture (USDA) issued its monthly supply and demand estimates, showing reductions for soybean yields and ending stocks. There’s also some

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 12 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were pushing higher at midday Monday, in an attempt to close the gap with product values according to a trader. The trader lamented the “obscene” crush margins for canola emphasizing, “there’s no logical explanation why they should be that

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 12 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, seeing a continued recovery off the eight-month lows hit last week. Gains in Chicago soyoil, European rapeseed and Malaysian palm oil futures all provided spillover support for the Canadian oilseed. The United States Department of Agriculture releases

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 9 (MarketsFarm) – The ICE Futures canola market was stronger on Friday, seeing a modest correction to end the week. Gains in the Chicago soy complex contributed to the firmer tone in canola, although European rapeseed and Malaysian palm oil futures were both lower on the day. Seasonal harvest

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sep. 9 – (MarketsFarm) – The ICE Futures canola market was holding onto small gains at midday Friday, seeing some consolidation to end the week after posting large losses in recent sessions. Gains in the Chicago soy complex contributed to the firmer tone in canola, although European rapeseed and Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday morning, gleaning support from comparable oils. Upticks from the Chicago soy complex and Malaysian palm oil were spilling over into the Canadian oilseed, while modest losses in European rapeseed weighed on values. Increases in global crude oil