Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 9 (MarketsFarm) – The ICE Futures canola market was mostly higher Wednesday morning, recovering from overnight losses as gains in Chicago Board of Trade soyoil provided some underlying support. Only the lightly traded new crop months were still weaker as the North American day session got underway. Canola remains

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures fell back on Tuesday, due to weakness in comparable oils. A sharp downturn in global crude prices weighed on the Chicago soy complex, European rapeseed and Malaysian palm oil. Statistics Canada’s grain stocks as of Dec. 31 report helped to keep

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Tuesday, giving up a fair chunk of the gains made yesterday. Despite the grain stocks as of Dec. 31 report from Statistics Canada showing very low canola stocks, the declines in other edible oils weighed on values.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 8 (MarketsFarm) – The ICE Futures canola market was weaker Tuesday morning, taking some direction from outside vegetable oil markets. Chicago Board of Trade soyoil futures were down sharply in early activity. Malaysian palm oil and European rapeseed futures were also lower. Chart-based positioning contributed to the declines in

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed stronger on Monday, gleaning support from other edible oils. However an analyst warned that it wouldn’t take much for the Canadian oilseed to drop back significantly. He noted canola reacted more sluggish that usual to the increases in the Chicago

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Monday, but an analyst warned there isn’t much propping up the oilseed. Despite sharp increases last week in the Chicago soy complex, canola lagged behind more than usual he stressed. “I think what’s happened is the commercials

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 7 (MarketsFarm) – The ICE Futures canola market was stronger Monday morning, taking some direction from the Chicago Board of Trade soy complex. Soybean futures gapped higher on the back of solid export demand in overnight activity, setting fresh contract highs. Soyoil, European rapeseed and Malaysian palm oil futures

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 4 (MarketsFarm) – The ICE Futures canola market was weaker on Friday as speculators booked profits ahead of the weekend. While gains in Chicago Board of Trade soyoil provided some support, soyoil was down on the day. Ideas canola is looking overpriced at current levels added to the selling

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Feb. 4 – (MarketsFarm) – The ICE Futures canola market was mixed at midday Friday, with losses in the front months and a firmer tone in the new crop contracts as traders adjusted positions ahead of the weekend. Activity at the Chicago Board of Trade was also choppy, providing little