Futures

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

Glacier FarmMedia — The ICE Futures canola market was narrowly mixed at midday Tuesday, retreating from earlier gains as losses in Chicago soyoil weighed on values. Ideas that canola was due for a correction after dropping sharply on Friday provided some underlying support as activity resumed following the Canadian long weekend. The canola market was […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise coming out of the August long weekend due to stronger vegetable oils. Chicago soyoil was down slightly on Monday but was higher on Tuesday, along with European rapeseed and Malaysian palm oil. However, crude oil was down due to an output hike implemented […] Read more

ICE Futures canola market was weaker on Friday, settling at its weakest levels in two weeks. Speculative selling was a feature as fund traders liquidated long positions. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the bearish tone in canola. The canola market will be closed Monday for Terry […] Read more

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Friday, taking some direction from Chicago soyoil. European rapeseed futures were also down on the day, although Chicago soybeans and Malaysian palm oil were firmer. Chart-based selling was a feature, as fund traders were thought to be liquidating long positions […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were in the red on Friday morning as a lack of weather concerns pressured the oilseed. Most of Saskatchewan and Alberta will see rain showers either this weekend or at the start of next week. Most of southern Manitoba is expected to be warm and dry […] Read more