Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market sunk to their lowest prices in three months on Tuesday morning due to insufficient support from comparable oils. While Chicago soyoil was slightly higher, European rapeseed and Malaysian palm oil were down. Crude oil was also lower despite geopolitical conflicts in Yemen and Russia. The Canadian […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Monday, hitting fresh three-month lows. The most-active November contract tested the psychological C$620 per tonne level on several occasions during the session, settling just below the key chart point. Losses in Chicago soyoil accounted for some spillover selling pressure […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses at midday Monday, as contracts continued to consolidate in a narrow range just above nearby support. The November contract briefly dipped below the psychological C$620 per tonne level but managed to recover to hold above that key chart […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower coming out of the weekend due to negative comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both down on Monday morning, while European rapeseed was up. Crude oil was also slightly lower. The Canadian dollar was up one-tenth of […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are higher on Friday, maintaining its gains in light of pressure from most comparable oils. Today also saw the nearby July contract climb above its previous support level of C$600 per tonne. Support for canola came from upticks in Chicago soybeans and […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise at midsession Friday, but an analyst said those “might not be able to hold.” However, the analyst added that so far, it’s “a sunny day in canola.” He said one factor that could determine where canola goes would be […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the positive side of unchanged on Friday morning after heavy losses on Thursday. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small losses despite declines in United States stockpiles. The Canadian dollar was down […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned weaker on this first day of summer, as the July contract closed slightly below its support level of C$600 per tonne. Losses in the Chicago soy complex and European rapeseed weighed on canola values, as gains in Malaysian palm attempted to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower at midsession Thursday, as support from gains in comparable oils slipped back. Following the Juneteenth holiday, upticks in Chicago soyoil were fading while soybeans and soymeal were already weaker. European rapeseed was mostly lower and there were increases in Malaysian palm […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses Thursday morning as contracts continued to consolidate just above nearby lows. Weakness in Chicago soybeans accounted for some spillover selling pressure, although soyoil was higher as activity resumed in the United States after Wednesday’s Juneteenth holiday. European rapeseed […] Read more