Futures

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market settled with small gains in the most active contracts on Monday, recovering from earlier losses after finding chart support. The January contract dipped below its 20-day moving average in early activity but settled just above that technical point. Chicago soyoil was also weaker […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, taking some direction from outside vegetable oil markets. Chicago soyoil and Malaysian palm oil futures were both lower to start the week, although European rapeseed was mixed. The January canola contract dipped below its 20-day moving average, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back slightly Monday morning, after closing Friday on a high note. Canola was pressured by losses in the Chicago soy complex. As well, Malaysian palm oil fell hard while European rapeseed turned mixed. Increased tensions in the Russia-Ukraine war helped to […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Friday, closing out a difficult week on a high note. Over the last few days canola was hampered by declines. Support for the Canadian oilseed was derived from sharp upticks in the Chicago soy complex, Malaysian palm oil and […] Read more

Intercontinental Exchange canola futures were stronger late Friday morning, after the week was highlighted by losses. Canola was bolstered by sharp increases in the Chicago soy complex and Malaysian palm oil, along with more modest upticks in European rapeseed. There was some pressure on the vegetable oils coming from slight declines in crude oil. The […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market bounced back on Friday morning, supported by vegetable oils. Malaysian palm oil rose sharply, while Chicago soyoil and European rapeseed also made substantial gains. However, waning Chinese demand, fears of a surplus and a stronger United States dollar pulled back crude oil prices. The Canadian dollar […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up early increases to fall hard on Thursday, largely due to weakness in the Chicago soy complex. Additional pressure on canola came from declines in Malaysian palm oil and European rapeseed. However, modest upticks in crude oil attempted to stymie a […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower at midday Thursday, getting pressure from a weaker Chicago soy complex. Uncertainty regarding tariffs and biofuel policies of the incoming Trump administration continued to push down the complex, as did improving weather conditions in Brazil and Argentina. “Canola does not have […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market found some strength on Thursday morning, finding support from comparable oils. Chicago soyoil and European rapeseed were on the rise to start the day, while Malaysian palm oil was mostly higher. Crude oil also made gains despite a warning from the International Energy Agency about […] Read more

Intercontinental Exchange canola futures closed lower on Wednesday, settling off of session lows. An analyst said fund selling along with some farmer selling have been pushing down canola prices. He added farmers at this time are largely cash-adequate, not needing to part with their canola. The analyst also raised concerns about the tariff policies of […] Read more