Futures

Glacier FarmMedia — ICE canola futures were weaker Monday morning, as relatively favourable North American growing conditions and losses in outside markets weighed on values. The Chicago soy complex was posting large losses as activity resumed after last Friday’s Independence Day holiday in the United States. European rapeseed was also lower, although Malaysian palm oil […] Read more

Canola futures on the Intercontinental Exchange showed little movement on Friday in light trading and a lack of support from comparable oils. European rapeseed was lower but Malaysian palm oil was higher. Crude oil was down due to a planned output hike by OPEC+ in August. Most areas of the Prairies are forecast to be […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were moving upward in the middle of lighter trading on Friday despite a lack of support from comparable oils. European rapeseed was higher while Malaysian palm oil was lower. Crude oil was also in negative territory as the trade weighed in on OPEC+’s planned output […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly higher on Friday morning in quiet holiday trading. Activity will be somewhat muted today as the U.S. markets are closed for Independence Day. Concerns over dry conditions on the Prairies and indications canola could be eligible for United States biofuel […] Read more

Glacier FarmMedia | MarketsFarm – Canola ended its rally on the Intercontinental Exchange on Thursday as prices encountered resistance. An analyst said canola may have undergone a correction after substantial gains in the previous two sessions. Weaker comparable oils and a stronger Canadian dollar also pressured prices. Chicago soyoil and European rapeseed were lower while […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange halted their rally and suffered double-digit losses in the middle of trading on Thursday. An analyst said canola could be undergoing a correction considering its large net-long position. Weakness in comparable oils and a stronger Canadian dollar also pressured prices. Chicago soyoil and European […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures stepped back on Thursday morning, correcting from recent hikes. While there were declines in Chicago soyoil, the soybeans and soymeal were higher, along with gains in Malaysian palm oil and most European rapeseed contracts. Crude oil was relatively steady, offering little direction […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange didn’t lose any momentum after being closed for Canada Day. They surged on Wednesday following the resumption of trade talks between Canada and the United States. An analyst also mentioned that dry conditions on the Prairies were also supportive, as well as rising prices […] Read more

Glacier FarmMedia | MarketsFarm – Multiple factors are extending canola’s rally on the Intercontinental Exchange mid-session Wednesday. An analyst said newfound optimism over Canada-United States trade is still underpinning prices, but also spillover from rising comparable oils and dry areas on the Prairies. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to go with […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued higher on Wednesday morning, as trading resumed after being closed for Canada Day. Indications from the United States that canola might again be eligible for biofuel tax credits underpinned the oilseed’s increases. Canola was also getting support from gains in Chicago […] Read more