Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, March 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures fell back on Wednesday, after being dragged down by weakness in the Chicago soy complex and Malaysian palm oil. Reports of another round of cease-fire talks between Russia and Ukraine was said to have triggered the declines. Meanwhile, European rapeseed was

By Glen Hallick, MarketsFarm WINNIPEG, March 2 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mostly lower at midday Wednesday, attempting to correct from the sharp spikes over the last couple of days. Of the actively traded contracts there was a small gain in new crop November. An analyst pointed to the significant

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 2 (MarketsFarm) – The ICE Futures canola market was posting small losses Wednesday morning, seeing a modest correction after rallying sharply earlier in the week. The ongoing conflict in Ukraine remains at the forefront of the agricultural markets, with the shifting sentiment on the situation likely to lead to

By Glen Hallick, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw a second day of sharp upswings on Tuesday, especially in the old crop months. Strong upticks in the Chicago soy complex, Malaysian palm oil and European rapeseed spilled over into canola. However, a trader said these increases are very likely

By Glen Hallick, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – As canola futures on the Intercontinental Exchange (ICE) continued to spike at midday Tuesday, a trader warned that a “violent collapse” is likely before this week is out. Now into its sixth day, Russia’s invasion of Ukraine has spurred enormous gains in the Chicago soy complex,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, March 1 (MarketsFarm) – The ICE Futures canola market was stronger Tuesday morning, seeing a continuation of Monday’s rally as world markets continued to react to the ongoing situation in Ukraine. Expanding sanctions against Russia and the likelihood that grain movement through the Black Sea could be constrained for some

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Monday, but stepped away from larger gains earlier in the session. Ample spillover from the Chicago soy complex, along with European rapeseed and Malaysian palm oil fueled the spike in canola prices. A surge in global crude oil

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midday Monday, with the largest spike in prices coming in the old crop months. Spillover was coming from sharp upticks in the Chicago soy complex, as well as Malaysian palm oil and European rapeseed. Larges gains in global

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 28 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, seeing a recovery to start the week after Friday’s sharp selloff. Tightening sanctions against Russia amid the ongoing conflict in Ukraine saw the grains and oilseed markets turn higher. Chicago Board of Trade soyoil, European rapeseed and