Futures

Reading Time: 2 minutes By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The ICE Futures canola market was lower on Monday, as broad weakness in most outside financial and commodity markets sparked by default concerns at a Chinese real estate company spilled over to weigh on prices. Chicago Board of Trade soyoil futures fell to their lowest levels […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, taking some direction from the Chicago Board of Trade soy complex. Concerns over a default by Chinese real estate company Evergrande sparked broad weakness in global equity and energy markets on Monday that spilled into the […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, continuing to take their cue from losses in the Chicago soy complex. Additional pressure came from declines in European rapeseed and Malaysian palm oil. Trading volumes will be lower Monday and Tuesday as China marks a […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower in the most actively traded contracts on Friday, with small gains in the more deferred positions. Canola began the day with losses, but worked its way upward as Chicago soyoil values also stepped well away from their lows. […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday, as declines in the Chicago soy complex weighed on values. There had been support from European rapeseed, which hit new contract highs this week. However, it’s now mixed with gains only in the front month. Malaysian […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 17 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, taking some direction from the Chicago Board of Trade soy complex. Positioning ahead of the weekend added to the declines, as canola remains overpriced despite the tight supply situation. Demand is already being rationed at current price […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures turned lower on Thursday, unable to fend off the downward pressure from declines in Chicago soyoil. Saskatchewan Agriculture issued its weekly crop report this afternoon, citing the province-wide harvest of all major crops was at 74 per cent complete. The combining […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly higher at midday Thursday, in choppy trading that wasn’t getting a lot of direction from other markets. A trader commented that canola crashed by C$7 to C$9 per tonne at Wednesday’s close, but still finished a little stronger. “The […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG (MarketsFarm) – The ICE Futures canola market was stronger Thursday morning after trading to both sides of unchanged in overnight activity. Canada’s drought-stricken crop remained supportive, with many in the industry anticipating actual production will end up below the already small 12.8 million tonnes forecast by Statistics Canada earlier in […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were up on Wednesday, with spillover support from Chicago soybeans and soyoil, as well as other edible oils. However, canola prices backed away from earlier highs due to farmer hedging. A trader said the updated canola forecast put forth by Statistics […] Read more