Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 25 (MarketsFarm) – The ICE Futures canola market was sharply lower on Friday, taking back all of the gains of the past week as investors moved to the sidelines ahead of the weekend. The grain and oilseed markets remained highly volatile, with all eyes focused on the developing situation

WINNIPEG, Feb. 25 – (MarketsFarm) – The ICE Futures canola market was weaker at midday Friday, taking back Thursday’s gains on ideas the rally was overdone. The grain and oilseed markets remained highly volatile, with all eyes focused on the developing situation in Ukraine. Chicago Board of Trade soyoil and other world vegetable oil markets

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 25 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Friday morning. Weakness was found throughout comparable oils, with a significant downturn in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Declines in global crude oil helped to spur on the losses in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – The ICE Futures canola market was sharply higher on Thursday, as the Russian invasion of Ukraine sparked a rally in crude oil and world vegetable oil markets. Weakness in the Canadian dollar, which fell to its softest level since December relative to its United States counterpart,

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 24 – (MarketsFarm) – The ICE Futures canola market was sharply stronger at midday Thursday, hitting contract highs in many months as world markets reacted to the Russian invasion of Ukraine. Crude oil climbed sharply higher with world vegetable oil markets also up on the day. Weakness in the

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures surged on Thursday morning, hitting its daily limit before stepping back. Russia invaded Ukraine at dawn this morning, with ground forces rolling into the eastern part of the country and launching missile attacks on a number of Ukrainian cities. The markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, hitting contract highs for the second-straight session as gains in outside markets provided spillover support and bullish chart signals kept speculators adding to their long positions. The Chicago Board of Trade soy complex, European rapeseed and Malaysian

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 23 – (MarketsFarm) – The ICE Futures canola market was stronger at midday Wednesday, hitting fresh contract highs for the second-straight session as gains in outside markets provided spillover support and bullish chart signals kept speculators adding to their long positions. Chicago Board of Trade soybeans, European rapeseed and

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 23 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures pushed upward on Wednesday morning, building on yesterday’s gains. Some contracts have approached or hit new highs. Support came from strong upticks in the Chicago soy complex, Malaysian palm oil and European rapeseed. However, global crude oil prices were relatively steady