Futures markets

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, as a rally in the Chicago soy complex provided spillover support. Speculative buying was a feature, as sharp gains in crude oil and outside financial markets was seen as a sign of increasing risk appetite. Canada’s tight

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 21 (MarketsFarm) – The ICE Futures canola market was stronger at midday Tuesday, with thin pre-holiday volumes exaggerating the move. A rally in the Chicago Board of Trade soy complex contributed to the firmer tone in canola, with sharp gains in crude oil bringing buying interest back to the

WINNIPEG, Dec. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday morning, deriving support from gains in Chicago soyoil and the front months of European rapeseed. Meanwhile, lower Malaysian palm oil weighed on values. With the holiday season trading can be erratic due to reduced volumes. Additional support came from tight canola

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Monday in the heavily traded old crop months. There was a sharp decline in the sparsely traded new November contract. Chicago soyoil came off of earlier lows, but still weighed on canola values, as did declines in Malaysian

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Monday, due to weakness in Chicago soyoil and Malaysian palm oil, said a trader. After being higher earlier, European rapeseed has turned lower to weigh on values as well. Sharp declines in global crude oil prices also

WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, stepping back in tune with losses in Chicago soyoil and Malaysian palm oil. The declines were tempered by gains in Chicago soybeans and soymeal, along with European rapeseed. With trading now in holiday mode, more volatility is expected. Agriculture and

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures closed higher on Friday, with the more substantial gains in the heavily-traded old crop months. Support came from strong gains in Malaysian palm oil, also more moderate increases in Chicago soybeans and soymeal, as well as most European rapeseed positions. Declines

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Friday, gleaning strength from gains in Chicago soybeans and soymeal, according to a trader. There’s additional support from strong upticks in Malaysian palm oil as well as more moderate increases in European rapeseed. However, declines in Chicago

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Dec. 17 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, recovering from overnight losses in choppy activity. Year-end positioning remains a feature in the market, as traders move to the sidelines ahead of the holidays. Weakness in the Canadian dollar provided some support. Ongoing concerns over tight