Futures

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange slipped back late Friday morning, in what an analyst called “direction-less” trade. “Things are pretty much a typical Friday trading day ahead of the weekend,” the analyst said. While canola gleaned support from the Chicago soy complex, Malaysian palm was to […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned lower on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly higher. Crude oil also made gains due to supply risks in Russia and a draw in United States stockpiles. The Canadian dollar […] Read more

A positive turn in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures hung on to their gains Thursday, from short covering and gleaning support gains in most comparable oils. There were increases in Chicago soybeans and soyoil while soymeal stepped back. Malaysian palm oil was higher, but MATIF rapeseed edged […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were pushing upwards on Thursday morning. “This is likely short covering after bouncing of off recent lows,” an analyst said. The analyst added the increases at the Chicago Board of Trade, including those in soybeans and soyoil, were a corrective move. […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange made gains on Thursday morning, underpinned by rising vegetable oils and a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. However, crude oil was lower due to weaker demand and the return of Kurdish supplies to the market. The loonie was […] Read more

U.S. soy, corn down, wheat steady to lower By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures clung to small increases on Wednesday, as lack of farmer selling continued to underpin prices. Canola received additional support from gains in Malaysian palm oil and most MATIF rapeseed contracts. Pressure from declines in the […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher late Wednesday morning, in what an analyst called “a sideways day.” The analyst credited the gains in canola to the increases in the Chicago soy complex, European rapeseed and Malaysian palm oil. He said gains in palm oil have […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange maintained their positive momentum Wednesday morning as rising comparable oils and a weaker Canadian dollar supported prices. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil also made gains due to supply issues and a drop in United States inventories. The loonie was […] Read more

Glacier FarmMedia — ICE canola futures strengthened in “turnaround Tuesday” activity, recovering most of Monday’s losses amid ideas recent declines were looking overdone. The November contract touched a session low of C$606.10 per tonne before uncovering support, marking the weakest level for the front-month contract since the end of March. A firmer tone in Chicago […] Read more

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Tuesday, uncovering chart support after hitting its lowest levels in nearly six months in overnight trade. The November contract touched a session low of C$606.10 per tonne, marking the weakest level for the front-month contract since the end of March. The Chicago soy […] Read more