Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Monday, settling just above nearby chart support as losses in outside markets weighed on values. The March contract fell below its 100-day moving average and settled just above the 20-day average, with speculative selling a feature. Chicago soyoil, European […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s profit-taking correction. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure in canola, with European rapeseed and Malaysian palm oil also weaker on the day. However, the underlying fundamentals […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market continued to come down on Monday morning following overall weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in the red, while crude oil declined due to unwelcome Chinese economic data. The Canadian dollar was down one-tenth of a United States […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market moved to the downside on Friday to go with comparable oils showing gains and declines. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed sharply rose and crude oil was also higher. An analyst said canola is at an all-time record discount compared to […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market moved a little to the downside on Friday morning to go with comparable oils showing gains and declines. Chicago soyoil and Malaysian palm oil were lower at midday, while European rapeseed sharply rose and crude oil was also higher. An analyst said canola is at […] Read more

Intercontinental Exchange canola futures were higher on Friday morning as tighter canola supplies continued to underpin the Canadian oilseed. The Canadian Grain Commission reported for the week ended Dec. 8 that year-to-date canola exports hit 4.03 million tonnes, almost 88 per cent more than a year ago. Domestic use reached 4.17 million tonnes, up more […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower on Thursday as it faced resistance at the 200-day moving averages, despite receiving some support from vegetable oils. An analyst said canola was likely to remain in a trading range of C$600 to C$625 per tonne for the remainder of the month. Chicago soyoil […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly higher on Thursday, receiving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. However, crude oil was down after OPEC+ cut its 2025 world demand forecast. The Canadian dollar was down more than one-tenth of a United […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Overnight increases in Intercontinental Exchange canola futures were fading on Thursday morning due to a lack of support from comparable oils. While gains in Malaysian palm oil spilled over into canola, there were declines in the Chicago soy complex and European rapeseed was mixed. Crude oil eased […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures barely hung on to its gains Wednesday, as support from comparable oils evaporated. Upticks in Chicago soyoil and soymeal, as well as European rapeseed turned into losses. There were increases in Chicago soybeans while Malaysian palm oil was mixed. Advances in crude […] Read more