Futures

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm–The ICE Futures canola market was stronger at midday Tuesday, but was running into major resistance as selling came forward at the highs. Gains in Chicago soybeans and soyoil provided spillover support for canola. European rapeseed and Malaysian palm oil were also higher on the day. Dryness hampering soybean […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, getting support from comparable oils. Concerns over dry conditions in South America continued to fuel increases in the Chicago soy complex. Also, there were gains in European rapeseed and Malaysian palm oil. Increases in crude oil were spilling […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed mostly higher on Monday but faded from much stronger increases earlier in the session. The November contract eased back despite poking its head above C$600 per tonne during trading, which is its 50-day moving average. An analyst commented that amounts to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures were higher at midday Monday, buoyed by a rally in the oilseeds. There were sharp gains in the Chicago soy complex and in European rapeseed with more modest increases for Malaysian palm oil. Crude oil prices turned pinch lower taking some support away from […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm—The ICE Futures canola market was stronger Monday morning, seeing a continuation of last week’s correction off contract lows. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil also higher to start the week. The November contract was nearing chart resistance […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market overcame losses for much of Friday’s session to end the day in positive territory despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil helped to underpin canola prices. However, European rapeseed lost its gains to finish lower while crude oil incurred small losses. […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was seeing another day of declines at midday Friday, due to weakness in most comparable oils. One analyst noted that negative price movement in Chicago soyoil and European rapeseed were pressuring canola prices, with the latter showing poor crop conditions. While small losses in crude oil pressured […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Friday morning, following the Chicago soy complex to the downside. Small losses in crude oil weighed on the vegetable oils, but European rapeseed and Malaysian palm oil were higher. As fall officially starts on Sunday, Prairie temperatures are to turn […] Read more

WINNIPEG — The ICE Futures canola market moved back-and-forth on Thursday before ending the day lower despite mostly positive sentiment in comparable oils. One trader said canola could be pivoting into a move sideways and stay rangebound between C$560 to C$590 per tonne in the November contract. He also noted a lack of direction in […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market slipped back into the red on Thursday despite mostly positive sentiment in comparable oils. One trader said canola could be pivoting into a move sideways and could stay rangebound between C$560 to C$590. He also noted a lack of direction in soybeans. Chicago soyoil was higher, […] Read more