Futures

SOYBEAN futures at the Chicago Board of Trade pulled back on Tuesday, following losses in crude oil. United States President Donald Trump said talks with Iran could resume later this week. Yesterday, the U.S. imposed a naval blockade of Iranian ports on Monday, however four vessels passed by without incident. The U.S. Department of Agriculture […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures saw their gains fade away on Tuesday, as pressure from mounting declines in crude oil pulled the Canadian oilseed into the red. Losses in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed also weighed on canola values. An analyst said canola might not […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher by mid-session Tuesday, in an attempt to remain above its support levels, an analyst said. The analyst said canola, unlike crude oil and Chicago soyoil, doesn’t have a lot of room to fall back before hitting support levels. He placed […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed small gains on Tuesday morning while comparable oils declined. Despite the United States starting a blockade in Iranian ports on Monday, crude oil prices were down nearly US$2 per barrel due to speculation that the U.S. and Iran could resume negotiations to end the war. […] Read more

SOYBEAN futures at the Chicago Board of Trade were weaker on Monday, despite spillover from crude oil. The prices of crude were higher after the United States and Iran failed to reach an agreement after weekend talks in Pakistan. President Donald Trump said he’s ordered a naval blockade of Iranian ports until vessels can safely […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed mixed on Monday, after starting out with strong increases due to hikes in crude oil. However, by the afternoon the gains in crude were no longer as large. Sharp losses in Chicago soybeans and soyoil limited canola’s upside. MATIF rapeseed lost much of its […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued higher mid-session Thursday, pushed up by sharp increases in crude oil. Talks in Pakistan between the United States and Iran failed to reach an agreement, and U.S. President Donald Trump said he’s imposing a naval blockade of Iran until all vessels can […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in positive territory coming out of the weekend as crude oil prices surged once again. The United States military announced it will begin a blockade of ships entering and exiting Iranian ports at approximately 9 a.m. CDT. Peace talks between the U.S. and Iran ended […] Read more

SOYBEAN futures at the Chicago Board of Trade were stronger on Friday, underpinned by solid crush margins and pre-weekend positioning. Adjustments to the soyoil/meal spread favoured meal, with soyoil futures posting losses. Soymeal received a boost from news of private export sales of 100,000 tonnes of U.S. soymeal to Italy. The tenuous ceasefire in the […] Read more

Glacier FarmMedia — The ICE Futures canola market was lower at Friday’s close, as losses in Chicago soyoil weighed on values. Chart-based selling contributed to the declines, with prices near their lowest levels of the past month. May canola traded just above chart support at its 50-day moving average. Ongoing uncertainty over the war in […] Read more