Futures

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures erased overnight losses on Friday morning, following vegetable oils to the upside. After Israel attacked on Iranian nuclear facilities, crude oil spiked on Friday, with ample spillover into the veg oils. There were sharp gains in Chicago soybeans and soyoil, along with […] Read more

WINNIPEG -– Canola futures on the Intercontinental Exchange broke through their resistance levels on Thursday despite weakness in vegetable oils and a stronger Canadian dollar. The United States Department of Agriculture released its monthly oilseed report earlier today which raised exports and trimmed ending stocks for old and new crop Canadian canola. An announcement from […] Read more

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange showed strength in the middle of Thursday trading, breaking through recent resistance levels. An analyst said despite the gains, wet weather in Alberta this weekend could pressure prices. However, long-term forecasts predict dryness on the Prairies this summer. The United States Department […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher on Thursday morning, getting spillover from gains in the Chicago soy complex. The increases in canola were tempered by declines in European rapeseed, while Malaysian palm oil was relatively steady. Crude oil was pulling back and putting pressure on the […] Read more

Glacier FarmMedia | MarketsFarm -– Canola futures on the Intercontinental Exchange advanced on Wednesday, deriving support from Chicago soyoil and crude oil. Chicago soyoil was up while European rapeseed and Malaysian palm oil were down. Crude oil gained approximately US$2 per barrel due to a new trade deal struck between the United States and China. However, […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange made modest gains in the middle of trading on Wednesday despite weakness in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in negative territory. However, crude oil gained more than US$1 per barrel after United States President Donald Trump announced a […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were clinging on to small gains on Wednesday morning, fading from larger increases after Chicago soybeans and soyoil started the day on the downside. Losses in European rapeseed and Malaysian palm oil added more pressure on to canola. Gains in crude oil […] Read more

Glacier FarmMedia | MarketsFarm – ICE canola futures slipped on Tuesday in choppy trading, with the new crop contracts taking slightly bigger losses. While Chicago soyoil was up, European rapeseed and Malaysian palm oil were down. Crude oil declined after making gains earlier in the day due to what one analyst said was optimism from trade […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory on Tuesday, gaining support from crude oil and Chicago soyoil. An analyst said new sanctions of Russia’s oil fleet are raising the price of crude, while Chicago soyoil was moving up. However, European rapeseed and Malaysian palm oil were lower. The […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed on Tuesday morning following the lead of comparable oils. Support for canola came from gains in Chicago soybeans and soyoil. However, declines in Malaysian palm oil, European rapeseed and Chicago soymeal kept a lid on further increases in canola. […] Read more