Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to move upwards on Thursday morning, but gains were limited by weakness in comparable oils. While Chicago soyoil was higher, European rapeseed and Malaysian palm oil were lower. Crude oil rose sharply yet again due to ongoing tensions in the Middle East. The Canadian dollar […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Thursday morning, due to more increases for its United States counterpart and despite another round of gains for crude oil. As of 8:37 am CDT, the loonie was at US$0.7390 or US$1=C$1.3535 compared to Wednesday’s close of US$0.7412 or US$1=C$1.3491. On the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Wednesday, nearing major chart resistance as gains in outside vegetable oil markets provided support. An overnight rally in Malaysian palm oil to contract highs lent support to the world vegetable oil markets. The escalating conflict in the Middle East […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was posting small gains in the most active months at midday Wednesday, although activity was choppy and values were well off their session highs. The November contract traded just shy of C$620 per tonne earlier in the session, but farmer selling […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made gains on Wednesday morning, supported by sharp rises in comparable oils. Chicago soyoil and Malaysian palm oil showed plenty of strength, while European rapeseed was mostly lower. Crude oil was up more than US$2 per barrel due to ongoing tensions in the Middle East. The […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm—The ICE Futures canola market was stronger on Tuesday, nearing chart resistance as activity resumed after Monday’s National Day for Truth and Reconciliation. Reports that Iran launched a ballistic missile attack on Israel sent crude oil climbing higher, with world vegetable oil markets also rising amid the escalating conflict. European […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Tuesday, recovering from overnight losses as activity resumed after Monday’s National Day for Truth and Reconciliation. Chicago soyoil futures were higher on Monday when the canola market was closed, accounting for some of today’s buying interest in the Canadian […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower on Tuesday as it resumed trading after the National Day For Truth and Reconciliation on Monday. European rapeseed and Malaysian palm oil were higher to start the day, while Chicago soyoil was down. Crude oil was also lower due to demand concerns and greater […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed modestly higher on Friday, partially recovering losses incurred yesterday with all contracts finishing the week above C$600 per tonne. Canola faced a fair amount pressure from declines in Chicago soyoil, European rapeseed and Malaysian palm oil. However, enough support was derived […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to pull back in most contracts by midday Friday, but flashes of a recovery were being seen. Canola was getting pressure from losses in Chicago soyoil, European rapeseed and Malaysian palm oil. Support was coming from strong gains in Chicago soybeans and […] Read more