Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, April 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Friday morning, following declines in Chicago soyoil and new crop European rapeseed. Those losses were tempered by gains in Chicago soybeans and soymeal, as well as old crop European rapeseed. Global crude oil prices were on the

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – The ICE Futures canola market was mixed on Thursday, hitting fresh contract highs in the new crop months while the nearby months moved lower as the old/new crop spread narrowed in. The need to encourage more seeded area this spring underpinned the futures, especially as old

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 28 – (MarketsFarm) – ICE Futures canola contracts were mostly stronger at midday Thursday, with only the nearby May contract posting losses as investors exited the front month ahead of its expiry. The largest gains were in the new crop contracts, as the market works to encourage more planted

By Glen Hallick, MarketsFarm WINNIPEG, April 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Thursday morning, after closing higher for five consecutive sessions. Volumes were especially light for the nearby May contract, which receives its first notice tomorrow. Declines in the Chicago soy complex, Malaysian palm oil and European rapeseed weighed

By Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued upward on Wednesday, setting more new highs in a number of contracts before stepping away. The main impetus of today’s increases came from sharp spikes in Malaysian palm oil, following a policy reversal by the Indonesian government. On Monday, the

By Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) continued to push upward at midday Wednesday, with several contracts hitting new highs. An analyst said the sharp spike in Malaysian palm oil was strongly influencing edible oil prices today. The Indonesian government flip-flopped on its export ban on

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s rally as the path of least resistance remains pointed higher. Chicago Board of Trade soyoil futures were trading at all-time highs, while Malaysian palm oil and European rapeseed futures were also stronger