Futures

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

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was narrowly mixed Wednesday morning in choppy trade. Gains in European rapeseed and Malaysian palm oil provided some spillover support, with weakness in the Canadian dollar also underpinning the futures. However, soybeans and soyoil at the Chicago Board of Trade were weaker […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures slipped back on Tuesday, due to strong prospects for good crops across the Prairies. A trader said all Prairie crops are off to their best start in quite some time thanks to the rains received. However, that precipitation is very likely to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at midsession Tuesday, due to a number of factors according to a broker. “There’s good moisture now almost everywhere on the Prairies,” the broker said. “This may be one of the best starts to a crop on the Prairies that we’ve […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was narrowly mixed Tuesday morning, seeing some consolidation after hitting fresh five-month highs in overnight trade. Chicago soyoil futures were stronger as activity in the United States markets resumed after the Memorial Day long weekend. European rapeseed and Malaysian palm oil futures […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday, gleaning support from gains in Malaysian palm oil and global crude oil prices. Meanwhile declines in European rapeseed put some pressure on the Canadian oilseed. The November canola contract remained above its 200-day moving average which further underpinned […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at midsession Monday, but with subdued volumes of trading due to Memorial Day in the United States. “It’s going to be a blah trading day until we get the U.S. markets back open,” an analyst commented, adding there’s “really no headline […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses in most months Monday morning, in quiet activity with markets in the United States closed for Memorial Day. The thin volumes and absence of direction from the Chicago soy complex could lead to some volatility in the Canadian […] Read more