Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply lower at midday Monday, falling below chart support as heavy selling pressure came forward to start the month. Losses in Chicago soybeans and soyoil accounted for some spillover weakness in the Canadian oilseed. European rapeseed futures were also lower, while […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell sharply to begin June despite mixed sentiment in comparable oils. European rapeseed was higher to start the day, while Chicago soyoil was lower. Crude oil was also down after OPEC+ members decided on Sunday to extend production cuts into next year. The Malaysian palm oil […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures ended Friday on a mixed note as they attempted to regain their advances from earlier in the session. While support for canola came from upticks in European rapeseed, Malaysian palm and Chicago soymeal, losses in soybeans and soyoil stymied a recovery. Small […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around midsession on Friday as they pulled back due to losses in Chicago soyoil. Gains in Chicago soybeans and soymeal, as well as upticks in European rapeseed and Malaysian palm oil weren’t enough to keep the Canadian oilseed on the positive side. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Friday morning, taking back some of Thursday’s losses. The July and November contracts both tested nearby chart support in overnight activity but managed to turn higher as traders squared positions ahead of the weekend. Gains in the Chicago soy complex […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures dropped back on Thursday, pulled down by spring planting progress and declines in comparable oils. Overall seeding progress in Saskatchewan reached 77 per cent complete with the province’s canola at 71 per cent finished. There were losses in the Chicago soy complex, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back at midsession on Thursday, getting pressure from comparable oils and further advances in spring planting. “It’s almost the exact inverse from yesterday,” an analyst said. Until the June supply and demand report from the United States Department of Agriculture, he […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Thursday morning, backing away from nearby highs in thin volumes as chart-based positioning weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, accounting for spillover selling pressure in the Canadian oilseed. Relatively favourable weather conditions […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished higher on Wednesday, due to positive spillover from other vegetable oils. There were gains in Chicago soyoil, European rapeseed and Malaysian palm oil. However, pressure came from losses in Chicago soybeans and soymeal. A moderate downturn in crude oil weighed on […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – There were gains in the Intercontinental Exchange canola futures at midsession Wednesday, helped by increases in other vegetable oils. An analyst said the upticks are largely due to a supply shortage of palm oil, with spillover finding its way into canola. Malaysian palm oil and European rapeseed […] Read more