Futures markets

WINNIPEG, April 19 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, retreating from fresh contract highs as some speculative profit-taking weighed on values. Losses in crude oil accounted for some spillover selling pressure in world vegetable oil markets, including canola. However, Chicago Board of Trade soyoil futures recovered from their own early

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 19 – (MarketsFarm) – ICE Futures canola contracts were weaker at midday Tuesday, seeing some modest profit-taking after hitting fresh highs in overnight activity. Losses in Chicago Board of Trade soyoil accounted for some spillover selling pressure, although soybeans moved higher and Malaysian palm oil was also up on

By Glen Hallick, MarketsFarm WINNIPEG, April 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Tuesday morning, with losses in the old crop months. The new crop contracts were mostly higher, closing the gap with the old crop positions. With global crude oil prices on the decline, there was pressure on edible oils.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 18 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, hitting fresh contract highs as bullish technical signals kept speculators adding to their large net-long positions. Advances in the Chicago Board of Trade soy complex provided spillover support, with Malaysian palm oil also up sharply in overnight

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 18 – (MarketsFarm) – ICE Futures canola contracts were stronger at midday Monday, hitting fresh highs as advances in the Chicago Board of Trade soy complex provided spillover support and activity resumed after the Easter long weekend. Canola remains cheap compared to other oilseeds, even at these highs, keeping

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished higher on Thursday, overcoming choppy trading that saw old crop contracts bounce to either side of steady earlier in the session. Also, new crop positions hit new highs before easing back. Global crude oil prices turned around from losses this

By Glen Hallick, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mixed at midday Thursday, as the rolling out of the old crop positions continued, according to a trader. He noted there were supply worries regarding new crop canola. Old crop canola was lower in choppy trading, but there

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, April 14 (MarketsFarm) – The ICE Futures canola market was mixed Thursday morning, retreating from overnight gains in the front months as the old/new crop spreads continued to narrow in. Losses in Chicago Board of Trade soybeans and soyoil put some spillover pressure on the Canadian oilseed. Oversold price sentiment