Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are higher on Friday, maintaining its gains in light of pressure from most comparable oils. Today also saw the nearby July contract climb above its previous support level of C$600 per tonne. Support for canola came from upticks in Chicago soybeans and […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise at midsession Friday, but an analyst said those “might not be able to hold.” However, the analyst added that so far, it’s “a sunny day in canola.” He said one factor that could determine where canola goes would be […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the positive side of unchanged on Friday morning after heavy losses on Thursday. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small losses despite declines in United States stockpiles. The Canadian dollar was down […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on this first day of summer, as the July contract closed slightly below its support level of C$600 per tonne. Losses in the Chicago soy complex and European rapeseed weighed on canola values, as gains in Malaysian palm attempted to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower at midsession Thursday, as support from gains in comparable oils slipped back. Following the Juneteenth holiday, upticks in Chicago soyoil were fading while soybeans and soymeal were already weaker. European rapeseed was mostly lower and there were increases in Malaysian palm […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses Thursday morning as contracts continued to consolidate just above nearby lows. Weakness in Chicago soybeans accounted for some spillover selling pressure, although soyoil was higher as activity resumed in the United States after Wednesday’s Juneteenth holiday. European rapeseed […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday, as an upward shove during the last minutes of trading turned prices positive. Canola came out of the overnight session with losses, only to rise up C$6 to C$7 per tonne during the morning, a trader explained. He […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at midsession Wednesday, after a bout of volatility earlier. “Trading last night we were down a couple of bucks…and this morning we were up six or seven. Now we are down a couple of bucks again,” a trader commented. He was […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains Wednesday morning, seeing some follow-through buying as contracts continued to recover off nearby lows. European rapeseed and Malaysian palm oil were both up on the day, providing some spillover support. However, markets in the United States were closed for […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around to close higher on Tuesday, although gains faded from earlier highs. For a second day, the old crop July contract broke through its psychological support level of C$600 per tonne, but again recovered sufficiently to close above it. Support for […] Read more