Futures

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday morning, getting support from gains in the Chicago soy complex and European rapeseed. Rain has been falling on the southern parts of Saskatchewan and Manitoba, with another system bringing precipitation to Alberta over the next couple of […] Read more

Reading Time: 2 minutes WINNIPEG – The ICE Futures canola market was weaker on Monday, as sharp losses in crude oil and the Chicago Board of Trade soy complex weighed on values. Slightly more moderate temperatures across much of Western Canada, as smoke from forest fires led to hazy skies, and forecasts calling for much needed precipitation in some […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The ICE Futures canola market was weaker at midday Monday, as losses in outside markets and improving weather conditions in parts of Western Canada weighed on values. “When you have crude oil down almost five dollars (per barrel) and (Chicago Board of Trade) bean oil getting […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were weaker on Monday morning, following declines in comparable edible oils along with the Prairie weather forecast. There were losses in Chicago soyoil and European rapeseed, while Malaysian palm oil was mixed. There were gains in Chicago soybeans and soymeal. Lower […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished mixed on Friday, with gains in the front months and losses for the more deferred positions. With the ongoing drought across the Prairies, a trader said that two more weeks of hot and dry weather will severely damage the canola […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were higher at midday Friday, with the largest gains in the front months. The drought on the Prairies could further erode canola yields more than recently estimated. While participants have predicted a crop of 16 million to 18 million […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Friday morning, with support from gains in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Aside from scattered showers, the Prairies are forecast to remain hot and dry through the weekend. However, the […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm WINNIPEG, July 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures finished stronger on Thursday, getting support from gains in Chicago soyoil, European rapeseed and Malaysian palm oil. The ongoing drought across the Prairies remained supportive of canola as well. Temperatures throughout the region are to rise to the low to mid-30 […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 15 (MarketsFarm) – Canola futures on the Intercontinental Exchange (ICE) were mixed at midday Thursday, in choppy trading. A Winnipeg-based trader said there was a private consultancy estimate that projected the Canadian canola crop at 19.1 million tonnes, which the trader took with a grain of salt. “I don’t […] Read more

Reading Time: < 1 minute By Glen Hallick, MarketsFarm WINNIPEG, July 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, attempting to recover from significant losses over the last few trading sessions. There was support coming from gains in Chicago soyoil, along with larger increases European rapeseed and Malaysian palm oil. Lower Chicago soybeans and soymeal […] Read more