Futures

Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange opened the week’s trading with downward momentum, largely due to weaker comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil showed slight declines as the trade believes the effects of United States sanctions on Russian oil would be minimal. […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures ere pulling back on Monday morning, due to pressure from comparable oils. Declines in Chicago soybeans and oil, along with losses in European rapeseed and Malaysian palm oil weigh on canola values. A slight downturn in crude oil kept the vegetable oils […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed a pinch higher on Friday, after retreating from much larger increases. A dramatic turnaround in Chicago soyoil led to the nearly complete reversal in canola. The August soyoil contract fell by more than one cent per pound from its session highs […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were falling back late Friday morning, after pushing higher by double-digits earlier. An analyst said canola had been climbing thanks to gains in the other oilseeds, particularly the Chicago soy complex. However, Chicago soyoil suddenly lost all of its increases today, with […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning as they received support from comparable oils. Chicago soyoil was higher while Malaysian palm oil made sharp gains. However, European rapeseed was mostly lower. Crude oil moved upward after the European Union imposed more sanctions against Russia’s oil industry. Rain […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, in gleaning support from comparable oils. Strong gains in Chicago soyoil plus more modest upticks in soybeans and soymeal pushed canola higher. Added support came from increases in European rapeseed and Malaysian palm oil. Crude oil further underpinned […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were stronger late Thursday morning, in what a trader called a surprising move. The trader said he expected the canola market to continue lower, but spillover from outside markets is pushing prices higher. Besides the increases in Chicago soyoil and soybeans, that […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rebounded early Thursday from Wednesday’s sharp losses, strengthened by a weaker Canadian dollar and rising comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was slightly lower. Crude oil made gains due to inflamed tensions in the Middle East as […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on Wednesday, despite support from gains in the Chicago soy complex and Malaysian palm oil. Speculation that a deal would see China reopen its borders to Australian canola likely accounted for some of the selling pressure. A trader said he […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Wednesday morning, leaving at least one trader wondering why. “It defies logic,” the trader said. He suggested an influx of canola being hauled to Prairies elevators could be one reason for today’s losses. “There must be more canola out […] Read more