Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the upswing late Wednesday morning in what an analyst called a “short covering bounce.” The analyst suggested that if the Trump administration does press ahead with their tariffs against Canada next week, those levies won’t be in place for that long […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was trading to both sides of unchanged in choppy activity Wednesday morning, seeing some consolidation amid ideas sharp losses posted earlier in the week were overdone. Tightening supplies and the need to ration demand remained supportive for canola. Weakness in the […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained lower on Tuesday after a few attempts to push higher. The threat of United States tariffs continued to weigh on canola values. Although the U.S. isn’t among Canada’s top foreign buyers of the oilseed, it’s the main export customer of the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were attempting to recover by late Tuesday morning after they turned lower earlier. The threat of United States tariffs continued to be the main driver pushing canola downward. Although the U.S. is well back of Canada’s largest export customers of canola seed, it’s […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s sharp declines as an attempt at correcting higher ran out of steam. Canola had moved higher in overnight activity but quickly turned lower as the North American day session got underway. The […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed weaker on Monday, as concerns over United States tariffs ramped up. An analyst said that if the Trump administration were to impose their tariffs effective Mar. 4, and if Canada retaliates that any benefit canola is getting from its tight supplies […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at late Monday morning, as uncertainty over United States tariffs set to be imposed next week weighed on values. “I expect a big knee jerk reaction on Mar. 4,” an analyst stated, stressing that’s if the tariffs go ahead with Canada […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Monday morning, seeing a profit-taking correction to start the week as values backed away from their nearby highs. Losses in Chicago soyoil accounted for some spillover selling pressure on the canola market, with European rapeseed and Malaysian palm oil […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed on Friday despite mostly negative sentiment in comparable oils. Malaysian palm oil was positive, but Chicago soyoil and European rapeseed were lower. Crude oil lost more than US$1 per barrel due to rising United States stockpiles and refinery maintenance. The Canadian Grain Commission reported […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small declines in the middle of trading on Friday due to mostly negative sentiment in comparable oils. Malaysian palm oil was positive, but Chicago soyoil and European rapeseed were lower. Crude oil lost more than US$1 per barrel due to rising United States stockpiles and […] Read more