Futures

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market stronger on Friday, recovering off nearby lows to end the week. Gains in Chicago soybeans provided some spillover support, although soyoil remained pointed lower. Concerns over declining yield prospects in parts of Western Canada, given recent heat and dryness, were also supportive. However, […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains at midday Friday, seeing a modest correction after dropping sharply lower earlier in the week. Gains in Chicago soybeans provided some spillover support, although soyoil remained pointed lower. Concerns over declining yield prospects in Alberta, given recent heat and […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed small gains on Friday morning amidst mixed sentiment in comparable oils. European rapeseed and Malaysian palm oil were higher to start the day. However, Chicago soyoil was down and crude oil took another sharp drop for the second time in three days. The Canadian dollar […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Thursday, settling at its lowest levels since June as sharp losses in Chicago soyoil weighed on values. European rapeseed and Malaysian palm oil were also weaker on the day. Relatively favourable growing conditions for soybeans in the United States were […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply lower at midday Thursday, taking some direction from the Chicago soy complex. “If (soybean) oil is going to crash like it is today, then canola will just get dragged lower,” said a trader. Losses in European rapeseed and Malaysian palm oil […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell back into the red on Thursday morning following weakness in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. After losing more than US$2 per barrel on Wednesday, crude oil was higher. The Canadian dollar was steady compared […] Read more

Glacier FarmMedia MarketsFarm — After a heavy downturn on Tuesday, the ICE Futures canola market recovered somewhat on Wednesday, with prices fueled by rising comparable oil prices. Crude oil gained more than US$2 per barrel due to shrinking United States inventories and the death of a Hamas leader after a missile strike in Tehran. Chicago soyoil, […] Read more

The ICE Futures canola market tried to recover from a heavy downturn in the middle of trading on Wednesday, fueled by rising comparable oil prices. Crude oil gained nearly US$2 per barrel due to shrinking United States inventories and the death of a Hamas leader after a missile strike in Tehran. Chicago soyoil, European rapeseed […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains Wednesday morning, seeing a modest correction after falling sharply lower the previous three sessions. The November contract was trading back above the psychological C$620 per tonne level in early trade, which was supportive from a technical standpoint. Gains […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Tuesday, falling below nearby support and hitting fresh two-week lows. Technical signals kept speculators on the sell side of the market, putting on fresh short positions after covering some of those bearish bets earlier in July. Losses in outside […] Read more