Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures are lower on Monday morning, following the release of the latest Statistics Canada report. The federal agency forecast canola production at 19.5 million tonnes, for a 41.7 per cent jump compared to last year’s drought-stricken crop. Total wheat production is to

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned around on Friday, moving higher due to spillover from gains in the Chicago soy complex. Moderate increases in European rapeseed provided additional support to canola. Meanwhile small losses in Malaysian palm oil tried to temper further gains. Global crude oil

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were higher at midday Friday, with the largest increases in the front months. While spillover from good gains in the Chicago soy complex provided support, declines in European rapeseed and Malaysian palm oil tempered those upticks. Small losses in

WINNIPEG – The ICE Futures canola market was higher on Friday morning despite weakness in crude and veg oils. Thunderstorms along with hot temperatures are expected for parts of Alberta and Saskatchewan later in the day, while Manitoba is expected to remain sunny. Crude oil was slightly negative but experiencing choppiness while also struggling to

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures fell further on Thursday, adding to yesterday’s losses. Declines in the Chicago soy complex, European rapeseed and Malaysian palm oil contributed to the decreases. Global crude oil prices were pulling back, adding more pressure to vegetable oils. Good weather continued to

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were falling back at midday Thursday, due to pressure from declines in most comparable oils. Only Chicago soyoil was pushing higher, which helped to temper losses in canola. Declines in Chicago soybeans and soymeal, as well as European rapeseed

WINNIPEG – The ICE Futures canola market stepped back Thursday morning due to losses in veg oils, as well as weather-related pressures. The weather forecast for the Prairies was mainly sunny for today, while temperatures will hit the high 20 degrees Celsius and even into the low 30s in Alberta and Saskatchewan. Crude oil was