Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower on Thursday morning, hours after both of Canada’s major railways were shut down due to a work stoppage. At 12:01 a.m. this morning, Canadian National Railway and Canadian Pacific Kansas City failed to reach an agreement on new contracts with workers, represented by the Teamsters […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed stronger on Wednesday, recouping yesterday’s losses and adding more. A trader said he wasn’t entirely sure as to why canola climbed so high, suggesting it could have been a rebalancing of the market or the speculative funds at work. Given how […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger at midsession Wednesday; however a trader wasn’t entirely sure as to why. He said there could be a rebalancing, or the speculative funds are at work. Nevertheless, canola was getting support from gains in the Chicago soy complex, European rapeseed and […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained strength on Wednesday morning, deriving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all on the rise. Meanwhile, crude oil was also up due to ongoing Middle East tensions. A major work stoppage on Canada’s two largest railways is set […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, losing most of yesterday’s gains. There was a lack of support coming from the Chicago soy complex, European rapeseed and Malaysian palm oil. Modest declines in crude oil put pressure onto the oilseeds. Canola also felt the weight […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the downside at midsession Tuesday, due to declines in other vegetable oils, according to an analyst. There were losses in the Chicago soy complex and European rapeseed, while Malaysian palm oil was mixed. Crude oil was down slightly in choppy trading, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made a correction on Tuesday morning, moving lower due to declines in other vegetable oils. Chicago soyoil was down, as well as European rapeseed, while nearby Malaysian palm oil contracts were also in decline. However, crude oil was slightly higher. Teamsters Canada Rail Conference served 72-hour […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures swung higher on Monday, benefitting from gains in the Chicago soy complex. Additional support came from upticks in Malaysian palm oil, while European rapeseed closed mixed. Sharp declines in crude oil were trying to limit the increases in the vegetable oils. Rail […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise at midsession Monday, due to gains in the Chicago soy complex. Additional support was derived from increases in Malaysian palm oil, while pressure came from losses in European rapeseed. Small setbacks in crude oil weighed on vegetable oil values. […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market moved upwards coming out of the weekend despite a lack of solid direction from comparable oils. While Malaysian palm oil was up, Chicago soyoil and European rapeseed were down. Crude oil was steady to higher due to demand concerns while ongoing tensions in the Middle East […] Read more