Futures

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday in choppy trade. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil prices were down in anticipation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska today. The western Prairies […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Friday trading, continuing their choppy activity. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil was also down as the meeting between U.S. President Donald Trump and Russian President Vladimir Putin brought optimism in […] Read more

Glacier FarmMedia — ICE canola futures were weaker Friday morning, although activity was choppy as prices consolidated above nearby lows ahead of the weekend. The Chinese anti-dumping duties announced earlier in the week remained a bearish influence overhanging the market. However, canola futures appear to have found some support after the initial selloff, with some […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were lower on Thursday, erasing most of Wednesday’s gains and regaining negative momentum as China’s new levy on Canadian canola imports came into effect today. An analyst said canola futures will be in choppy trade for the next few days. However, he also predicted prices will […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange traded lower on Thursday, losing yesterday’s gains on account of weakness in vegetable oils. An analyst expects canola to take part in choppy trade over the coming days. However, he predicts canola prices will fall into the C$620 to C$630 per tonne range. Chicago soyoil and Malaysian […] Read more

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, with spillover selling pressure from losses in Chicago soyoil behind some of the declines. European rapeseed and Malaysian palm oil were also lower on the day. Ongoing concerns over Chinese demand, as anti-dumping duties imposed by the country come into effect today, remained a bearish […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange made gains on Wednesday as they underwent a correction after Tuesday’s severe losses. An analyst said prices were higher as some believed canola futures were oversold while low supply and support from soybeans also underpinned gains. Much of Saskatchewan and Alberta saw rain and cooler temperatures today. […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday as the oilseed recovered some of its losses from Tuesday. An analyst said canola underwent a market correction as some believed futures were oversold. He also said rising soybean prices could also be supporting canola. Chicago soyoil was down, but European rapeseed […] Read more

Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, seeing a modest correction after Tuesday’s selloff. Bargain hunting at the lows and ideas the losses were overdone from a chart standpoint contributed to the early advances. Chinese anti-dumping tariffs set to come into effect on Thursday will effectively halt demand from Canada’s largest customer […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange had its worst day in recent memory on Tuesday. China announced earlier today it will impose a 75.8 per cent preliminary anti-dumping duty on Canadian canola starting Thursday. Prices fell by more than C$40 per tonne but made a small recovery before the end of the […] Read more