Futures

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains Monday morning, although activity was thin and choppy with markets in the United States closed for Memorial Day. Chart-based positioning contributed to the gains, with speculators sitting on a large net long position in the oilseed. Tightening supplies and the need […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange ended the week on a positive note with the July contract surpassing the psychological C$720 per tonne level. However, gains were capped by a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was down. Crude oil also made […] Read more

Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were moderately higher in the middle of Friday trading. The old crop July contract saw the largest increase as it surpassed the psychological level of C$720 per tonne. Chicago soyoil held firm while Malaysian palm oil was up and European rapeseed was down. Crude oil was slightly higher […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly lower on Friday morning due to pressure from comparable oils. Losses in the Chicago soy complex and European rapeseed weighed on canola values, while upticks in Malaysian palm oil tried to stymie further declines. Crude oil was down moderately, which […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange finished a pinch lower on Thursday, giving up the gains from earlier in the session. Pressure came from losses in comparable oils, but a weaker Canadian dollar limited the declines in canola. Chicago soyoil and Malaysian palm oil were in negative territory while European […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was making small gains at midday on Thursday despite getting little support from comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mixed. Crude oil was also lower after reports suggested that OPEC+ could further raise output in July. A […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Thursday morning, following the downward trend in comparable oils. There were declines in Chicago soybeans and soyoil, as well as European rapeseed and Malaysian palm oil. Chicago soymeal was up slightly. Losses in crude oil added pressure on the vegetable […] Read more

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange took a breather on Wednesday, while new crop positions continued their upward momentum. Rain across the southern Prairies in the coming days will improve crop conditions, but they could also pressure prices. Weakening basis levels could also be an indicator of less […] Read more

Glacier FarmMedia | MarketsFarm – The July canola contract on the Intercontinental Exchange remained steady in the middle of trading on Wednesday while new crop positions were modestly higher. An analyst said rising soyoil prices should give canola a boost, but weakening basis levels could be an indicator of waning commercial demand. There are rains in the forecast for much of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mixed on Wednesday morning, shedding much of their overnight increases. As canola gleaned support from gains in the Chicago soybeans and soyoil, there was pressure from losses in Chicago soymeal, Malaysian palm oil and European rapeseed. Increases in crude oil underpinned the […] Read more