Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 10 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Thursday, continuing their upward climb of the past week. Canola remains underpriced compared to other oilseeds, including Chicago Board of Trade soybeans and European rapeseed futures, which contributed to the buying interest in the market. Canada’s

By Glen Hallick, MarketsFarm WINNIPEG, March 10 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures mixed on Thursday morning, with gains in the more heavily-traded old crop months, while the new crop positions were lower. Support was coming from a strong upswing in the Chicago soy complex, but European rapeseed was mixed, while Malaysian palm oil

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The ICE Futures canola market remained pointed higher on Wednesday, hitting fresh contract highs for the third-straight session as speculators continued to add to their long positions. Ideas that canola was looking underpriced compared to other oilseeds, including European rapeseed, added to the firmer tone, according

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 9 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, hitting fresh contract highs once again as speculators continued to add to their long positions. Ideas that canola was looking underpriced compared to other oilseeds, including European rapeseed, added to the firmer tone, according to

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s rally with chart-based positioning a feature. Gains in Chicago Board of Trade soybeans provided some spillover support, although soyoil was holding closer to unchanged in early activity. The United States Department of

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 8 (MarketsFarm) – The ICE Futures canola market continued to hit fresh contract highs on Tuesday as world agricultural markets remained focused on the conflict in Ukriane. Crude oil climbed sharply higher on Tuesday on news that Shell would stop buying Russian oil, while the United States and other

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 8 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, hitting fresh contract highs once again with the largest gains in the front months. “It’s one hundred per cent being driven by the uncertainty about how the Ukraine situation will evolve through the spring and

By Glen Hallick, MarketsFarm WINNIPEG, March 8 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued higher on Tuesday morning, with the largest increases coming in the old crop months. In turn, that pushed the nearby May contract and others to new highs. Support for canola was coming from more upswings in the Chicago soy complex

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 7 (MarketsFarm) – The ICE Futures canola market was stronger on Monday, hitting fresh contract highs in some months as a rally in Chicago Board of Trade soyoil provided spillover support. The ongoing conflict in Ukraine kept some uncertainty in the agricultural markets, with strength in crude oil on