Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, March 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures swung higher on Friday morning, after experiencing losses in the overnight session. Gains in Malaysian palm oil and European rapeseed, along with Chicago soybeans and soymeal were supportive of canola. However, losses in Chicago soyoil were tempering further increases. As well,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – The ICE Futures canola market was stronger on Thursday, recovering most of Wednesday’s losses amid ideas the selloff was overdone. Tight old crop supplies and solid demand from domestic crushers provided underlying support, with speculative positioning behind much of the activity. The gains in canola came

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 24 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, taking back some of Wednesday’s losses. Canola hit contract highs on Wednesday before crashing in a profit-taking correction. While overbought sentiment contributed to the selloff, a trader noted that the correction was also likely overdone

By Glen Hallick, MarketsFarm WINNIPEG, March 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, building on gains made during the overnight session after yesterday’s pull back. Support came from the front months of European rapeseed, Chicago soymeal, as well as tight canola supplies. Losses in Chicago soybeans and soyoil along

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 (MarketsFarm) – The ICE Futures canola market was weaker at Wednesday’s close, after an early move to fresh contract highs ran out of steam and profit-taking came forward to weigh on values. Gains in crude oil and Chicago Board of Trade soyoil provided some initial spillover support for

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 23 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, seeing a continuation of Tuesday’s rally. However, profit-taking came forward, taking values off their session highs. Tuesday’s rally was bullish from a technical standpoint, which kept the path of least resistance pointed higher for canola,

WINNIPEG – The ICE Futures canola market was stronger Wednesday morning, hitting fresh contract highs in a continuation of Tuesday’s rally. Gains in outside markets provided spillover support, with crude oil, Chicago Board of Trade soyoil and Malaysian palm oil up as well. European rapeseed futures were at contract highs and trading at a sizeable

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 (MarketsFarm) – The ICE Futures canola market climbed sharply on Tuesday, setting fresh contract highs in the process as speculative stops were hit on the way up. Gains in Chicago Board of Trade soyoil and European rapeseed futures provided spillover support for the Canadian oilseed. Tight old crop

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 22 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, hitting fresh contract highs in many months with speculative buying a feature. Gains in Chicago Board of Trade soyoil and European rapeseed futures contributed to the strength in canola, although a trader described the activity