Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell to its lowest levels in a month on Wednesday, as bearish chart signals and losses in outside markets weighed on values. A lack of end user demand contributed to the declines, with exporters and domestic crushers thought to be covered for […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, seeing a continuation of Tuesday’s drop as losses in outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower. A lack of end user demand contributed to the declines, with softening […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower on Wednesday morning, pulled down by losses in the Chicago soy complex. More pressure on canola came from declines in European rapeseed and Malaysian palm oil. Modest upticks in crude oil tempered further losses in the vegetable oils. The Canadian government […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Tuesday, falling to the lower end of its sideways trading range as values dipped below chart support and speculative selling built on itself. January canola settled below both its 20- and 200-day moving averages but remained rangebound overall. Losses […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, as it continued bounce around within a sideways trading range. Canola “has been stalled in a range for some time now,” said a trader. Losses in Chicago soyoil accounted for some spillover weakness in canola, but Malaysian […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, pressured by losses in comparable oils. There were declines in Chicago soybeans and soyoil, but slight increases in soymeal. Malaysian palm oil was relatively steady while European rapeseed was mixed. Crude oil was slightly lower, adding more weight […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market settled with small gains in the most active contracts on Monday, recovering from earlier losses after finding chart support. The January contract dipped below its 20-day moving average in early activity but settled just above that technical point. Chicago soyoil was also weaker […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, taking some direction from outside vegetable oil markets. Chicago soyoil and Malaysian palm oil futures were both lower to start the week, although European rapeseed was mixed. The January canola contract dipped below its 20-day moving average, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back slightly Monday morning, after closing Friday on a high note. Canola was pressured by losses in the Chicago soy complex. As well, Malaysian palm oil fell hard while European rapeseed turned mixed. Increased tensions in the Russia-Ukraine war helped to […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Friday, closing out a difficult week on a high note. Over the last few days canola was hampered by declines. Support for the Canadian oilseed was derived from sharp upticks in the Chicago soy complex, Malaysian palm oil and […] Read more