Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows on Friday, as bearish technical signals and a lack of fresh end user demand weighed on values ahead of the harvest. The November contract fell below nearby support at C$570 per tonne to settle at the lowest […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Friday, falling to fresh contract lows as losses in outside markets spilled over to weigh on prices. Chicago soyoil was also trading at fresh contract lows, while European rapeseed was trading just above its weakest levels in five […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued lower on Friday morning, adding onto Thursday’s losses. There were declines in the Chicago soy complex, and Malaysian palm oil along with hard losses in European rapeseed. Crude oil prices were pulling back, adding more pressure on to the oilseeds. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market failed to hold onto earlier gains on Thursday, settling with small losses. Canola had started the session seeing a continuation of Wednesday’s corrective bounce, with advances in European rapeseed and the Chicago soy complex also supportive. Production uncertainty in parts of Western […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, seeing some follow-through buying interest after Wednesday’s corrective bounce off contract lows. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Production uncertainty in parts of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued upward on Thursday morning, adding on to yesterday’s gains. Short covering by the speculative funds aided the upswing into a second day. Support for canola also came from upticks in Chicago soybeans and soymeal, as well as European rapeseed and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Wednesday, correcting off contract lows amid ideas the losses were overdone. Fund short covering accounted for much of the activity, according to a trader, as speculators were thought to be taking profits on their large bearish positions. However […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise Wednesday morning, correcting off contract lows following increases in comparable oils. Gains in the Chicago soy complex, European rapeseed and Malaysian palm oil spilled over into canola. Small upticks in crude oil lent additional support. The November […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows on Tuesday, as a selloff in the Chicago soy complex and speculators adding to short positions weighed on values. Expectations for record soybean yields in the United States this year, with weekly U.S. crop condition ratings showing […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply weaker at midday Tuesday, hitting fresh contract lows as a selloff in the Chicago soy complex spilled over to weigh on values. Expectations for record soybean yields in the United States this year and larger than expected carryout projections kept soybeans […] Read more