Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The ICE Futures canola market was mixed Tuesday morning, with losses in the front months and a firmer tone in the new crop contracts. Losses in outside markets, including Chicago soyoil and Malaysian palm oil futures, put some pressure on the Canadian oilseed. Chart-based positioning was

By Glen Hallick, MarketsFarm WINNIPEG, March 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Monday, with losses in the old crop months and gains in the new crop positions. Pressure on canola came from losses in Chicago soybeans and soymeal, as well as weakness in Malaysian palm oil and the May contract

By Glen Hallick, MarketsFarm WINNIPEG, March 14 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were lower at midday Monday, with the nearby May contract taking the brunt of the declines. Another round of ceasefire talks between Russia and Ukraine led to global crude oil prices being down hard. In turn, that placed a

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The ICE Futures canola market was posting small losses Monday morning, seeing some modest profit-taking to start the week. Overnight losses in Chicago Board of Trade soyoil, European rapeseed and Malaysian palm oil futures all spilled over to add to the softer tone in canola. Russia

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 11 (MarketsFarm) – The ICE Futures canola market held onto small gains at Friday’s close, settling just below the contract highs hit earlier in the week as investors consolidated positions. Gains in Chicago Board of Trade soyoil futures provided spillover support. However, any support from soyoil was countered by

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 11 – (MarketsFarm) – The ICE Futures canola market was narrowly mixed at midday Friday, as traders adjusted positions ahead of the weekend. Gains in Chicago Board of Trade soyoil futures provided some spillover support. However, soybeans were softer and the Canadian dollar was stronger at midday, which both

By Glen Hallick, MarketsFarm WINNIPEG, March 11 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures lower on Friday morning, following the Chicago soy complex to the downside. Pressure also came from significantly weaker Malaysian palm oil values, while European rapeseed was mixed. Global crude oil prices were steady to higher, providing a small amount of spillover

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 10 (MarketsFarm) – The ICE Futures canola market was mixed on Thursday, with gains in the front months and losses in the new crop contracts. Supportive chart signals and ideas that canola remains underpriced compared to other oilseeds contributed to the buying interest in the old crop contracts, as