Futures

Glacier FarmMedia — The ICE Futures canola market was weaker on Friday, taking back Thursday’s gains as losses in Chicago soyoil and improved moisture conditions in parts of Western Canada weighed on values. Chart-based speculative selling was a feature, with the November contract settling below its 100-day moving average. European rapeseed was also lower, while […] Read more

Glacier FarmMedia —The ICE Futures canola market was narrowly mixed at midday Friday, consolidating near unchanged to end the week. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure, with European rapeseed also down on the day. Malaysian palm oil was slightly higher, while the Canadian dollar was steady. Recent rains in […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in negative territory Friday morning amid mixed sentiment in comparable oils. Chicago soyoil and European rapeseed showed declines, but Malaysian palm oil was higher. Crude oil also made small gains to recover some of its losses this week. More rains are in the forecast for […] Read more

Glacier FarmMedia — The ICE Futures canola market settled higher for the first time in over a week, with chart-based positioning a feature as support was uncovered to the downside. Gains in Chicago soybeans, European rapeseed and Malaysian palm oil all provided spillover support, although soyoil was weaker. A move back above the 100-day moving […] Read more

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, correcting higher after touching its lowest levels in three months in overnight trade. Gains in Chicago soybeans, European rapeseed and Malaysian palm oil all provided spillover support, although soyoil was narrowly mixed at midday. The November canola contract moved back above its […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed small gains on Thursday with little support from comparable oils. Chicago soyoil and Malaysian palm oil were down while European rapeseed was up. Crude oil was steady as tariffs imposed by the United States on many imports come into effect. After most areas of the Prairies […] Read more

Glacier FarmMedia — The ICE Futures canola market settled lower for the fifth session in a row on Wednesday, as an early attempt at correcting higher failed to gain traction. A downturn in Chicago soyoil after early advances contributed to the bearish tone in canola. Welcome precipitation in the eastern Prairies and forecasts calling for […] Read more

Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, correcting off the two-month lows hit Tuesday. Gains in Chicago soyoil provided spillover support, with chart-based positioning behind much of the activity. Crude oil was also higher, although European rapeseed was down on the day and Malaysian palm oil […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange recovered some of the previous day’s losses on Wednesday, while being supported by rising crude oil prices. Crude oil was up more than US$1 per barrel after United States President Donald Trump threatened additional tariffs on Indian goods due to the country purchasing Russian oil. Chicago soyoil […] Read more

Glacier FarmMedia — ICE Futures canola market was weaker on Tuesday, falling to its lowest levels in two months after an early attempt at correcting higher. Losses in Chicago soyoil accounted for some spillover selling pressure in the Canadian oilseed, with chart-based speculative selling a feature as fund traders liquidated some of their large net-long […] Read more