Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, March 29 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were down sharply at midday Tuesday, as events in Ukraine triggered a sell-off. Russia stated that it was scaling back its operations around the Ukrainian capital of Kyiv, as well as Chernihiv to the north. That initially sent global

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 29 (MarketsFarm) – The ICE Futures canola market was sharply lower Tuesday morning, falling in sympathy with outside markets. Optimism over ceasefire talks in Ukraine sent crude oil spiraling down on Tuesday, with the selling pressure there spilling into world vegetable oil markets as well. Malaysian palm oil, European

By Glen Hallick, MarketsFarm WINNIPEG, March 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished higher on Monday, gleaning support from gains in European rapeseed. Also, concerns over dry conditions in the western half of the Canadian Prairies underpinned canola values, as did tight supplies. The gains in the Canadian oilseed were tempered by sharp

By Glen Hallick, MarketsFarm WINNIPEG, March 28 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mostly lower at midday Monday, with the old crop contracts narrowly mixed. The Canadian oilseed was caught up in a tussle between competing influences. Sharp declines in the Chicago soy complex, along with the nearby positions in Malaysian

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 28 (MarketsFarm) – The ICE Futures canola market was weaker Monday morning, taking some direction from the Chicago Board of Trade soy complex. Losses in crude oil accounted for some of the selling pressure in world vegetable oil markets in general, which spilled into canola. However, European rapeseed was

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – The ICE Futures canola market was mixed at Friday’s close, with losses in the front months and gains in the deferred contracts as the old/new crop spread narrowed in. Speculative profit-taking accounted for some of the selling pressure, with a firmer tone in the Canadian dollar

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 25 – (MarketsFarm) – The ICE Futures canola market was mixed at midday Friday, with losses in the front months and gains in the new crop contracts. Chart-based positioning ahead of the weekend was a feature, with speculators likely booking some profits on their large net long positions. The