Futures markets

WINNIPEG, Feb. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were turning higher on Tuesday morning, after pulling back in the overnight session. There were losses in Chicago soyoil and European rapeseed, as global crude oil took a step back to weigh on values. However, support was coming from gains in Chicago soybeans and soymeal.

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 31 (MarketsFarm) – The ICE Futures canola market was mixed on Monday, with losses in the nearby March contract and gains in the more deferred months. Speculative positioning was a feature on the last trading day of the month. Gains in Chicago Board of Trade soybeans provided some underlying

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 31 – (MarketsFarm) – The ICE Futures canola market was mixed at midday Monday, lacking any clear direction to start the week. Speculative positioning was a feature, as traders continue to exit the nearby March contract. Gains in Chicago Board of Trade soybeans provided some underlying support for the

WINNIPEG, Jan. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw gains in the old crop months on Monday morning, building on the increases from the overnight session. However, the lightly-traded new crop positions were narrowly mixed. Support was coming from significant upticks in the Chicago soy complex and Malaysian palm oil, as well as

By MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – The Canadian dollar was weaker on Friday, continuing its slide relative to its United States counterpart ahead of the weekend. The Canadian dollar closed at US$0.7830 or US$1=C$1.2772 on Friday, which compares with Thursday’s North American close of US$0.7867 or US$1=C$1.2712. The weakness in the currency came despite

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher on Friday, backing away from much larger increases earlier in the session. Significant upticks in global crude oil prices gave way to smaller increases, taking away a measure of support for edible oils. However, canola still benefitted from

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures surged higher at midday Friday, especially in the old crop contracts. A trader said canola was attempting to catch up to other edible oils. He stated the way is being led by Malaysian palm oil, with Indonesia “playing the market beautifully.”

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 28 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, with speculative buying a feature amid a number of supportive influences. The Chicago Board of Trade soy complex was up sharply in early activity, with soyoil hitting fresh contract highs. Malaysian palm oil and European rapeseed futures