Futures markets

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday due to the lower volumes of trading, according to a trader. He also noted there is some profit-taking going on. Lower Malaysian palm oil and North American crude oil also weighed on values. All of those

WINNIPEG, Dec. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower, particularly in the old crop months, on Friday morning amid a very light volume of trading. There were small gains in the Chicago soy complex and the front months of European rapeseed. Malaysian palm oil was lower and there’s a mixed tone

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Thursday, following declines in the Chicago soy complex and other comparable oils. A trader said profit-taking was also a factor in the decreases in canola. Global crude oil prices were slightly higher, providing a small amount of support

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Thursday, taking a hit from weakness in the Chicago soy complex. There were also moderate losses in European rapeseed and a small step back in Malaysian palm oil. Global crude oil prices were steady to higher, providing

WINNIPEG, Dec. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly lower on Thursday morning, due to declines in the Chicago soy complex, European rapeseed and Malaysian palm oil. The exception was the sparsely-traded January contract, which hit an all-time high of C$1,100.70 per tonne in the overnight trading. Global crude oil prices were

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher in the most actively-traded months on Wednesday. The nearby January, March and May contracts reached new highs before backing away. Meanwhile, there were declines in the more deferred positions. Support for canola came from small gains in Chicago soyoil

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Wednesday, but had backed away from larger gains that resulted in new contract highs. That included the lightly-traded January contract hitting the daily limit of C$60 per tonne. The market continued to contend with tight supplies of

WINNIPEG, Dec. 29 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were pushing higher in the old crop contracts on Wednesday morning, attempting to add to yesterday’s sharp increases. Of note, the soon-to-expire January contract skyrocketed to its daily limit of C$60 per tonne and marked a new contract high. Outside of gains in Chicago soyoil

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished stronger on Tuesday after a day of choppy trading following the Christmas break. Although edible oils were lower today, sharp gains made yesterday on the Chicago soy complex and in European rapeseed saw canola attempting to catch up today. Fueling

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 28 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Tuesday, as concerns over South American weather dominated the oilseed markets, according to a trader. He said the outlook is suggesting the rains in Brazil could shift from the north of the country to the central and