Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mixed at midday Friday, with gains in the front months and losses in the deferred positions. There were declines in Chicago soybeans and soymeal, as well as European rapeseed. Meanwhile, upticks in Chicago soyoil and the off session

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, but well off its overnight lows as a recovery in Chicago soyoil provided some support. The November contract traded below C$800 per tonne for the second session in a row in overnight trade, taking some direction from

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed at the close on Thursday, in an attempt to recover from double-digit losses earlier in the session. Support for the Canadian oilseed came from strong upticks in Chicago soybeans and soymeal, however weakness in soyoil weighed on values.

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were attempting to recover from larger losses earlier in the session. At one point this morning the November contract fell below C$800 per tonne but recovered some lost ground. “Beanoil broke kind of bad today,” a trader said, pointing

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 18 (MarketsFarm) – ICE Futures canola contracts were weaker Thursday morning, testing major chart support as losses in outside markets spilled over to weigh on values. The November contract dipped below the psychological C$800 per tonne level in overnight activity although some bargain-hunting was coming forward at the lows.

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – After a day of choppy trading Intercontinental Exchange (ICE) canola futures finished a little higher on Wednesday. Support for canola was derived from increases in Chicago soybeans and soymeal. However, weakness in Chicago soyoil, European rapeseed and the off session of Malaysian palm oil weighed on

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mostly lower at midday Wednesday in choppy trading. There were some gains in the more deferred positions. Weakness from Chicago soyoil, European rapeseed and the off session of Malaysian palm oil weighed on canola values. Small increases in