Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) pushed higher at midday Thursday due to spillover from sharp gains in the Chicago soy complex. An analyst said regardless of anything else going on in the canola market, the strength from the soy complex would still push the

WINNIPEG – The ICE Futures canola market was still extending its gains on Friday morning, supported by upcoming hot weather in the eastern Prairies as well as strength in the Chicago soy complex and veg oils. The system that brought hot weather to Alberta and Saskatchewan will move into Manitoba this weekend, with temperatures exceeding

By Glen Hallick, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) surged higher on Thursday, on strength gleaned from sharp upticks in Chicago soybeans and soyoil. Hot and dry weather in the United States continued to pose a serious threat to soybean crops just as they are beginning to pod.

By Glen Hallick, MarketsFarm WINNIPEG, July 28 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) remained on the upswing at midday Thursday as the market is now dominated by the weather, according to a trader. He said the main concern is in the United States as hot and dry conditions are posing a serious

WINNIPEG – The ICE Futures canola market had another strong start to the day on Thursday, with spillover from crude and veg oils, along with support from rising temperatures in the Prairies. Most of Alberta and parts of Saskatchewan were issued heat warnings on Thursday morning with temperatures expected to exceed 30 degrees Celsius. The

By Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) saw more gains on Wednesday, getting support from increases in comparable oils. Good upticks in global crude oil prices spilled over into vegetable oils. That spurred sharp upswings in the Chicago soy complex and European rapeseed, along with much

By Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were adding more increases at midday Wednesday on top of yesterday’s upticks. Although canola and other commodities have been pushing lower for the last number of weeks, an analyst noted there will always be time in which price will

WINNIPEG – The ICE Futures canola market was slightly higher on Wednesday, receiving some spillover from rising veg oil prices. Some areas in the Prairies are expected to hit temperatures exceeding 30 degrees Celsius in the coming days, which could stress canola crops. Crude oil was a pinch higher, as tightening supply and recession fears