EU Meltdown Takes Down Global MF

The Chicago Mercantile Exchange and ICE Futures Canada said Oct. 31 that customers of broker-dealer MF Global were limited to liquidating their positions. The exchange, which owns the Chicago Board of Trade, said it would no longer recognize MF Global, which filed for Chapter 11 as a guarantor for floor trading. The company filed for



Larger Economic Issues Weigh On Canola

column Canola futures on the ICE Futures Canada trading platform resumed a downward price trend during the week ended Oct. 21. Losses were attributed to the price declines experienced by CBOT (Chicago Board of Trade) soybeans and outright liquidation by speculative fund accounts. Elevator company hedge selling was also evident, especially when canola showed signs

Canola Futures Recovering On Fresh Chinese Demand

Dwayne Klassen CNSA Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers


U.S. Hog, Poultry Firms To Extend Use Of Feed Wheat

chicago/reuters The surprise drop in U.S. corn feed demand this summer may be only the beginning of a yearlong reduction as chicken and hog producers break a long-held aversion to blending more wheat into rations. What initially began as a summer fling sparked by an unprecedented premium for corn prices over wheat has turned into

Economic Jitters, Harvest Pace Weigh On Grains

Canola futures on the ICE Futures Canada trading platform suffered a serious price setback during the week ended Sept. 23. Global macroeconomic concerns combined with an aggressive harvest pace on the Canadian Prairies to send values down sharply. All the canola contracts lost at least $20 per tonne each. The penetrat ion of support in


Oilseed Demand Outweighs Harvest Pressure

ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving