Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, in gleaning support from comparable oils. Strong gains in Chicago soyoil plus more modest upticks in soybeans and soymeal pushed canola higher. Added support came from increases in European rapeseed and Malaysian palm oil. Crude oil further underpinned […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were stronger late Thursday morning, in what a trader called a surprising move. The trader said he expected the canola market to continue lower, but spillover from outside markets is pushing prices higher. Besides the increases in Chicago soyoil and soybeans, that […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange rebounded early Thursday from Wednesday’s sharp losses, strengthened by a weaker Canadian dollar and rising comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was slightly lower. Crude oil made gains due to inflamed tensions in the Middle East as […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on Wednesday, despite support from gains in the Chicago soy complex and Malaysian palm oil. Speculation that a deal would see China reopen its borders to Australian canola likely accounted for some of the selling pressure. A trader said he […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Wednesday morning, leaving at least one trader wondering why. “It defies logic,” the trader said. He suggested an influx of canola being hauled to Prairies elevators could be one reason for today’s losses. “There must be more canola out […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange took a step back of Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher but European rapeseed was lower. There were also gains in Chicago soybeans and soymeal that spilled over into canola. Crude oil was down as […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures climbed higher on Tuesday, getting a boost from gains in Chicago soyoil and European rapeseed. Attempts to encourage more farmer selling was another reason for canola turning positive on Tuesday. However, the Canadian oilseed’s increases were tempered by declines in Chicago soybeans […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were on the rise late Tuesday morning, being underpinned by support from comparable oils, said a broker. The broker pointed to the increases in Chicago soyoil in particular, which was up by about 7/10ths of a U.S. cent per pound. He added […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday as vegetable oils were mostly positive. Chicago soyoil and European rapeseed were up while Malaysian palm oil was down. Crude oil was also lower due to the slowing of the Chinese economy and a 50-day deadline for Russia to end […] Read more

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Monday, but remained above the 73 United States cent mark. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7308 or US$1=C$1.3684 on Friday. The U.S. Dollar Index was up 0.23 of a point at 98.08. Earlier today, U.S. President Donald Trump threatened […] Read more