Futures markets

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

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed lower on Wednesday, due to pressure from declines in other vegetable oils. The Chicago soy complex was to the downside and there were losses in European rapeseed and the off session of Malaysian palm oil. In a day of choppy

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Wednesday, due to some weakness in comparable oils. Poor economic news in the United States were putting pressure on the Chicago soy complex, offsetting the unfavourable estimates from the Pro Farm Crop Tour. The off

WINNIPEG – The ICE Futures canola market was slightly negative on Wednesday morning despite a decline in the Canadian dollar. Sunny skies and temperatures in the high-20 degrees Celsius were forecast for Alberta and parts of Saskatchewan later today, while southern Manitoba will stay in the low-20s. However, rain and thunderstorms are expected later in

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures tacked on more gains on Tuesday, after trading either side of unchanged. Support for canola came from spillover in good upticks on the Chicago soy complex and in European rapeseed. There were more moderate increases in the off session of Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were moving lower at midday Tuesday, despite ample spillover from comparable oils. The Chicago soy complex was on the upswing and there were more moderate increases in the off session of Malaysian palm oil, as well as European rapeseed.

WINNIPEG – The ICE Futures canola market was lower on Tuesday morning mainly due to a drop in veg oil prices. Cooler temperatures were expected for much of the southern half of the Prairies over the next few days, but they are expected to increase later in the week. Meanwhile, rain and thunderstorms are forecast