Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The ICE Futures canola market was mixed on Tuesday, with sharp losses in the most active front months and a firmer tone in the lightly-traded new crop contracts. Chart-based selling was a feature as speculators continued to book profits on their large long positions. Improving crop

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The ICE Futures canola market was mostly lower at midday Tuesday, with only the new crop November contract holding onto small gains. The nearby March contract has lost over C$60 per tonne over the past week, with speculative long-liquidation keeping the path of least resistance pointed

WINNIPEG, Jan. 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower Tuesday morning, with the larger losses in the old crop months. Pressure was coming from declines in the Chicago soy complex, which resumed trading overnight after the Martin Luther King holiday. Losses were caused by rains in Brazil and Argentina that have been

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The ICE Futures canola market was weaker on Monday, seeing some follow-through speculative selling after last week’s break below some key technical support levels. Improving weather conditions for soybeans in South America, with some much needed rains in the forecast, were bearish for the oilseeds in

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, although activity was thin and choppy with markets in the United States closed for Martin Luther King Jr. Day. Damage was done from a chart standpoint last week, with the nearby March contract moving below some

WINNIPEG, Jan. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, with light volumes of trading as the United States markets are closed for Martin Luther King Day. However the thin activity left open the possibility for volatility in today’s session. Pressure on canola was coming from losses in European rapeseed

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Friday, with only a small loss in the nearby March contract as trading volumes continued to spike upwards. Sharp increases in European rapeseed and Malaysian palm oil aided the about-face in canola, but losses in the Chicago soy

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures continued lower at midday Friday, with heavy volumes. The declines in the old crop positions were not as severe as yesterday, while the July and new crop contracts saw small gains. There were ongoing losses in the Chicago soy complex, but

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – The ICE Futures canola market remained pointed lower Friday morning, as speculators continued to liquidate their long positions and book profits. Weakness in the Chicago Board of Trade soy complex put some additional spillover pressure on the Canadian oilseed. However, European rapeseed and Malaysian palm oil