Futures

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory in early Friday trading, supported by comparable oils as well as depleted supplies and uncertainty in the upcoming crop. Chicago soyoil, European rapeseed and Malaysian palm oil were higher, while a resumption of talks between the United States and China was a […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, with chart-based buying and spillover from soybeans providing support. Tight old crop supplies and production uncertainty for the new crop contributed to the gains. However, losses in soyoil and a firm tone in the Canadian dollar put some […] Read more

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, recovering from early losses with speculative positioning a feature. Tight old crop supplies and production uncertainty for the new crop provided underlying support. Chicago soybeans were also up on the day, but soyoil was lower. A stronger tone in […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small declines on Thursday morning as it was pulled down by a stronger Canadian dollar and weaker vegetable oils. Chicago soyoil was steady, but European rapeseed and Malaysian palm oil were lower. Crude oil made gains despite a larger United States stockpile and Saudi Arabia […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Wednesday, retreating from earlier gains after running into chart resistance. Strength in the Canadian dollar following the latest interest rate announcement from the Bank of Canada accounted for some of the relative weakness in canola, with the currency […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed at midday Wednesday, with the old crop July contract showing some strength and the new crop months posting small losses. July canola was trading just below C$700 per tonne at midday, running into resistance after an earlier attempt at […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a step back on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil was down, Malaysian palm oil was up and European rapeseed was steady. Crude oil also changed very little as OPEC+ raising output and Canadian wildfires cancelled each other out. The Canadian […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Tuesday, taking back some of Monday’s losses amid ideas those declines were overdone. Gains in outside markets provided spillover support, with Chicago soyoil, European rapeseed, Malaysian palm oil and crude oil also higher. Tight old crop supplies and […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midsession in “turnaround Tuesday” activity amid ideas Monday’s losses were overdone. Strength in outside markets provided spillover support. Chicago soyoil, European rapeseed and Malaysian palm oil were all up on the day, while advances in crude oil […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market tried to claw its way back on Tuesday morning after sustaining sharp losses on Monday. While Chicago soyoil was steady, there were increases in Malaysian palm oil and most European rapeseed contracts. Crude oil made gains due to increased tensions between Russia and Ukraine and ongoing […] Read more