Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was slightly higher on Tuesday morning, despite mixed sentiment in comparable oils. While Malaysian palm oil and Chicago soyoil were higher, European rapeseed was in the red. Crude oil came down amid shifting outlooks with regards to the Israel-Hamas war. The Canadian dollar was down one-tenth of […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market climbed to its highest levels in four months on Monday, as speculative short covering built on itself, and prices moved above several key chart points. Gains in outside markets added to the firmer tone in the Canadian oilseed, with Chicago soyoil, European […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting solid gains Monday morning, as bullish technical signals provided support. The July contract moved above the psychological C$650 per tonne level, which brought in additional chart-based speculative buying, according to participants. Gains in outside markets added to the firmer tone in […] Read more

The ICE Futures canola market started the week on a positive note, receiving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the green on Monday morning. Crude oil also increased as tensions continued in the Middle East and Saudi Arabia moved to raise prices in Asia. The Canadian […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Friday for the third consecutive day. Support came from gains in Chicago soybeans and soymeal, as well as European rapeseed. Losses in Chicago soyoil weighed on canola values while Malaysian palm oil was relatively steady. Crude oil prices slipped […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at midsession Friday, continuing to build on gains following Tuesday’s sharp losses. “If we can close up five dollars [per tonne] on canola…we’ll be in great shape,” an analyst commented, but noted that Chicago soyoil was lower. While that applied some […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Friday morning, continuing to correct off the two-month lows hit earlier in the week. Chart-based positioning ahead of the weekend was a feature, as values held above major technical support levels. Gains in European rapeseed futures and the Chicago soy […] Read more

  By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market posted solid gains on Thursday, seeing a continuation of Wednesday’s corrective bounce. Chart-based speculative buying was a feature, with some stops likely hit as contracts moved back above some key technical levels. Gains in Chicago soybeans and European rapeseed futures provided spillover […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, seeing a continuation of Thursday’s corrective bounce off nearby lows. Chart-based speculative positioning was a feature, with the July contract moving back above some major moving averages. Gains in Chicago soybeans and European rapeseed futures provided spillover support. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Thursday morning, building on yesterday’s gains. Increases in the Chicago soy complex, European rapeseed and Malaysian palm oil lent support to the Canadian oilseed. Global crude oil prices were relatively steady, which provided little direction to the vegetable oils. While […] Read more