Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were sharply lower at midday Wednesday amid a selloff “Canola has been diving lower on fund selling and a little bit of farmer selling,” commented analyst Wayne Palmer of Exceed Grain in Winnipeg, noting the farmers are largely cash-adequate at this time. “But […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market declined further on Tuesday, following the lead of comparable oils. Chicago soyoil and Malaysian palm oil were lower to start the day, while crude oil also dropped on fears of a surplus. Meanwhile, European rapeseed was mixed. The Canadian dollar was down more than one-tenth […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday but came away from much larger declines. Trading resumed following Remembrance Day. Pressure on the Canadian oilseed came from sharp losses in the Chicago soy complex, as well as decreases in European rapeseed and Malaysian palm oil. Small […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were weaker at midday Tuesday, getting pressure from sharp losses in the Chicago soy complex. Trading in the Canadian oilseed resumed after Remembrance Day. Chicago soybeans and soyoil were down hard while soymeal clung to small increases. Additional pressure came from declines in […] Read more

The ICE Futures canola market fell back on Tuesday morning after hitting a three-month high on Friday, as activity resumed following the Remembrance Day long weekend. Chicago soyoil and Malaysian palm oil saw heavy declines, while European rapeseed was mixed. However, crude oil was higher after retreating on Monday due to weak Chinese demand and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Friday, hitting its highest levels since the end of July. The move above C$660 per tonne in the most-active January contract was bullish from a technical standpoint, encouraging additional buying. Malaysian palm oil, European rapeseed and Chicago soyoil futures […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was turning higher at midday Friday, recovering from earlier losses in choppy trade. An overnight rally to fresh contract highs in Malaysian palm oil provided underlying support, with European rapeseed also up on the day. However, Chicago soyoil was slightly lower, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell back Friday morning in a corrective move. Speculation of possible Chinese tariffs on Canadian canola as well as those that could be imposed in 2025 by the Trump administration loomed over the market. As losses in crude oil weighed on vegetable oil […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market saw a continuation of Wednesday’s rally on Thursday, hitting its highest levels in three-and-a-half months. Spillover from outside markets contributed to the gains, with Malaysian palm oil, Chicago soyoil and European rapeseed all rising sharply on the day. Solid export demand and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, seeing a continuation of Wednesday’s rally as gains in outside markets provided support. Malaysian palm oil hit fresh contract highs while Chicago soyoil and European rapeseed futures were also stronger. Ideas that Canada’s canola production was likely well […] Read more