Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to add to their gains on Friday morning, as a Prairie heatwave poses a threat to the crop. That saw the November contract break above its resistance level of C$650 per tonne. A good amount of canola in the western half of […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. European rapeseed sharply rose and gains in Chicago soyoil supported canola prices. Higher […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. He added that lagging soybean prices could put pressure on the oilseed. Chicago […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday morning, with the November contract within striking distance of its resistance level of C$650 per tonne. While there were upticks in Chicago soyoil, soybeans were lower, and soymeal was mixed. Additional support for canola came from upticks in European […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market extended its rally on Wednesday courtesy of rising prices for most comparable oils. European rapeseed and Malaysian palm oil were up while crude oil was stronger due to weakness in the United States dollar and a drawdown in stockpiles. However, Chicago soyoil was slightly lower. At […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market extended its rally on Wednesday courtesy of rising prices for most comparable oils. European rapeseed and Malaysian palm oil were up while crude oil was stronger due to weakness in the United States dollar and a drawdown in stockpiles. However, Chicago soyoil was slightly lower. The Canadian […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Wednesday morning, as the oilseed continued to swing back towards the high end of its range. Support for canola came from gains in the Chicago soy complex, Malaysian palm oil and European rapeseed. Upticks in crude spilled over into the […] Read more

The ICE Futures canola market turned around on Tuesday, making gains while going along with vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil reversed their fortunes by moving higher. However, crude oil was lower due to a stronger United States dollar and weaker demand. At mid-afternoon, the Canadian dollar was down one-tenth of […] Read more

The ICE Futures canola market is turning around on Tuesday, making gains while going along with vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil reversed their fortunes by moving higher. However, crude oil was lower due to a stronger United States dollar and weaker demand. The Canadian dollar was down nearly two-tenths of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, after making a turnaround during the overnight session. There were gains in the Chicago soyoil, Malaysian palm oil, and most European rapeseed contracts that spilled over into canola. However, Chicago soybeans were narrowly mixed while soymeal turned lower. […] Read more