Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures were stronger on Monday in very heavy activity. Canola gleaned support from expanded limit up spikes in Chicago soyoil, which are propelled by proposed changes to United States biofuel policies. “It’s a game changer in the long term,” an analyst said. The analyst […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were stronger late Monday morning in heavy trading. There were double-digit gains in new crop canola, while old crop July had modest increases. Support came from spikes in Chicago soyoil and Malaysian palm oil. Chicago soybeans were mostly higher, but soymeal was […] Read more

Glacier FarmMedia — The ICE Futures canola market was stronger Monday morning, seeing a continuation of Friday’s rally. Chicago soyoil futures gapped higher in overnight activity, accounting for much of the spillover buying interest in canola, as markets remained supported by the latest biofuel policy developments out of the United States. Biofuel blending proposals from […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lifted on Friday due to inflamed hostilities in the Middle East and speculation over biofuel blends in the United States. Israel launched attacks on Iran on Thursday night, targeting the latter’s nuclear program. The heightened tension in the Middle East caused crude oil […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange gained strength from surging crude oil prices and reports of new biofuel proposals from the United States. Israel launched attacks on Iran on Thursday night, which caused crude oil prices to rise by as much as US$5 per barrel. Earlier today, there were news […] Read more

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