Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market started the week off under pressure despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were both trading in negative territory on Monday, while European rapeseed was slightly higher. Crude oil was up US$1 per barrel ahead of reports from OPEC+ and the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Monday morning, giving up its overnight gains. Support came from upticks in the Chicago soy complex and European rapeseed while declines in Malaysian palm oil weighed on values. Slight increases in crude oil spilled over into the oilseeds. Large old […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Friday, taking back much of Thursday’s gains with chart-based speculative selling ahead of the weekend a feature. Losses in the Chicago soy complex accounted for some spillover weakness in the Canadian oilseed. European rapeseed futures were also lower, although […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply lower at midday Friday, taking back much of Thursday’s gains with chart-based speculative selling ahead of the weekend a feature. Losses in the Chicago soy complex accounted for some spillover weakness in the Canadian oilseed. European rapeseed futures were also lower, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell back into negative trading on Friday despite mixed sentiment in comparable oils. While Malaysian palm oil was higher this morning, Chicago soyoil and European rapeseed were lower. Crude oil was steady to higher as some OPEC+ members stated that upcoming supply hikes will be contingent […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market posted solid gains on Thursday, moving higher for the first time this week amid ideas the recent losses were looking overdone. Speculative buying was a feature, as prices bounced off major support. Gains in the Chicago soy complex contributed to the firmer tone, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting solid gains at midday Thursday, seeing a correction after posting sharp losses earlier in the week. “Everything was just ready for a bounce,” said a trader, noting that there was no fresh fundamental news behind the strength. He added that […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made its way back into positive territory on Thursday morning, supported by comparable oils. There were sharp gains in Chicago soyoil and Malaysian palm oil, while European rapeseed was also higher. Crude oil moved slightly upward. The Canadian dollar was steady compared to Wednesday’s close. Yesterday the […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market dropped for the third session in a row on Wednesday, settling just above major support levels as chart-based selling pressure and a lack of significant end user demand weighed on values. Relatively favourable Prairie crop conditions for the new crop and large old […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Wednesday, as bearish technical signals and spillover from outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, although firmness in soybeans limited the bearish influence to some extent. Relatively favourable […] Read more