Futures

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market regained positive momentum on Thursday, getting more support from comparable oils. Chicago soyoil was higher this morning as well as crude oil due to lower United States stockpiles. However, European rapeseed was mostly lower. There was no trading for Malaysian palm oil due to Diwali. An […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Thursday morning, taking back Wednesday’s declines as values chopped around in a sideways trading range. Solid end user demand and a lack of significant selling pressure on the other side contributed to the move higher. Gains Chicago soyoil futures […] Read more

The ICE Futures canola market suffered a downturn late in Wednesday’s session, despite rising comparable oils. Malaysian palm oil continued to rally, while European rapeseed and Chicago soyoil were also higher. Crude oil was up more than US$1 per barrel after reports said OPEC+ could delay its planned December production increase. An analyst said palm […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market maintained its upward momentum on Wednesday, lifted by rising comparable oils. Malaysian palm oil continued its rally, while European rapeseed and Chicago soyoil were also higher. Crude oil was up more than US$1 per barrel after reports said OPEC+ could delay its planned December production increase. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, seeing a continuation of Tuesday’s corrective bounce as chart signals remained pointed higher. Spillover from outside markets contributed to the gains, with Malaysian palm oil hitting fresh contract highs. Chicago soyoil and European rapeseed futures were also […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market rebounded Tuesday, following gains in vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed were both higher. Crude oil declined slightly on Tuesday after suffering its worst one-day loss in two years on Monday. Statistics Canada reported Tuesday that 933,065 tonnes of […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market rebounded Tuesday, following gains in vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed were both higher. Crude oil also increased slightly on Tuesday after suffering its worst one-day loss in two years on Monday. One analyst said that seasonal charts indicate […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market fell on Monday, pulled down by lower crude oil prices. Both Brent crude oil and West Texas Intermediate lost US$4 per barrel after Israel said it would only strike Iranian military targets and stay away from oil facilities. Chicago soyoil and European rapeseed were also dragged […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was falling in the middle of trade on Monday, pulled down by lower crude oil prices. Both Brent crude oil and West Texas Intermediate were down nearly US$4 per barrel after Israel said it would only target Iranian military targets and not oil facilities with […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Monday morning, correcting off the two-and-a-half month highs hit the previous week. Speculative positioning and farmer selling at the highs contributed to the declines. Sharp losses in crude oil spilled into the vegetable oil markets, as tensions in the Middle […] Read more