Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 17 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Wednesday morning in choppy trade. Canola had moved higher in overnight activity, seeing a correction after recent losses. However, a downturn in Chicago soyoil spilled over to the Canadian market to pull canola back towards unchanged. European rapeseed

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The ICE Futures canola market was weaker on Tuesday, seeing follow-through selling after Monday’s declines as activity in outside markets continued to weigh on values. Ongoing global economic uncertainty accounted for continued selling pressure in crude oil, which spilled into world vegetable oil markets. Chicago soyoil

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 16 – (MarketsFarm) – The ICE Futures canola market was weaker at midday Tuesday, seeing follow-through selling after Monday’s declines. Global economic uncertainty accounted for some selling pressure in crude oil, which spilled over to weigh on vegetable oil markets. Chicago soyoil and European rapeseed futures were both weaker,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s downturn. Losses in European rapeseed and Chicago soyoil accounted for some spillover selling pressure, but Malaysian palm oil was slightly firmer. Manitoba and eastern Saskatchewan saw widespread rains on Monday while heat

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, as concerns over the Chinese economy sent shockwaves through the global financial and commodity markets. A slowdown in China’s rate of inflation saw the country’s central bank unexpectedly cut interest rates on Monday, triggering losses that spilled

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, finding itself caught up in broad selling pressure as concerns over the Chinese economy weighed heavily on world financial markets. A slowdown in China’s rate of inflation and other soft economic data saw the country’s central

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The ICE Futures canola market was sharply lower Monday morning, as losses in crude oil spilled over to weigh on world vegetable oil markets. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all weaker on the day, dragging canola down as well. Relatively favouable

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The ICE Futures canola market was weaker at Friday’s close, as North American agricultural markets reacted to the United States Department of Agriculture’s monthly supply/demand report. The government agency upped its projection for U.S. soybean yields which initially weighed on that market, pulling canola lower as

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 12 – (MarketsFarm) – The ICE Futures canola market was holding onto small gains in the most active contracts at midday Friday, although activity was thin and choppy ahead of a much-anticipated report from the United States Department of Agriculture. The USDA’s supply/demand estimates will be released at 11:00