Futures

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished lower on Friday as spillover support from Chicago soyoil evaporated throughout the session. The markets in the United States and Canada will remain closed on Monday for Labour Day. Trading resumes that evening with the overnight session. Some support came […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midday Friday. Prices had been higher earlier in the session, supported by a one cent per pound boost in October soyoil at Chicago. However values have pulled back as soyoil gave up a good chunk of its increases. […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 3 (MarketsFarm) – The ICE Futures canola market was stronger Friday morning, finding some buying interest as traders adjust positions ahead of the long weekend. North American markets will be closed Monday for Labour Day. Gains in the Chicago Board of Trade soy complex provided spillover support for canola. […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures gave up the gains it had for most of the session on Thursday to finish mostly lower. While Chicago soybeans and soyoil increased as well today, they also ended down from their earlier highs. Additional support came from gains in Malaysian […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher at midday Thursday, getting a bounce from gains in Chicago soyoil and soybeans. Higher values for European rapeseed and Malaysian palm oil provided additional support, while a dip in Chicago soymeal tried to temper increases. A trader said it’s […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The ICE Futures canola market was narrowly mixed Thursday morning in thin and choppy trade. After posting losses for most of the past week canola was due for some consolidation from a chart standpoint. While seasonal harvest pressure would normally weigh on prices at this time […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – For the third consecutive day, Intercontinental Exchange (ICE) canola futures were lower, but came away from much larger declines earlier in the session, while the more deferred positions finished on a positive note. Weakness in the Chicago soy complex kept canola down, but the complex also […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures remained lower at midday Wednesday, as the markets kept driving down Chicago soyoil. “Beanoil is clearly in a downtrend now,” commented a Calgary based analyst, noting that November canola could drop to C$850 per tonne and even to the next resistance […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The ICE Futures canola market was weaker Wednesday morning, taking some direction from the Chicago soy complex as the Canadian oilseed remains overpriced. Crush margins dipped to roughly C$25 per tonne below the nearby futures on Tuesday, marking a C$100 per tonne drop from both the […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Tuesday, with losses in the front months and gains in the more deferred positions. Declines in the Chicago soy complex and European rapeseed weighed on values, which received a small measure of support from gains in Malaysian palm […] Read more