Futures

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

The ICE Futures canola market took a step back on Monday following overall weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all retreated. Crude oil was also down after peak demand from the Independence Day holiday in the United States dissipated and lackluster economic data from China. At mid-afternoon, the Canadian […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market took a step back on Monday following overall weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all retreated. Crude oil was also down after peak demand from the Independence Day holiday in the United States and lackluster economic data from China. The Canadian […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are lower on Monday morning, with the most-traded November contract pulling back towards its support level of C$600 per tonne. Pressure came from sharp losses in the Chicago soy complex, along with moderate losses in European rapeseed and Malaysian palm oil. Small upticks […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures couldn’t hang on to gains Friday, following the release of the July supply and demand report from the United States Department of Agriculture. The USDA raised its estimate on Canada’s 2024/25 canola crop to 20.0 million tonnes from 19.6 million in its […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained lower at midsession Friday, after resuming its downward trend following a one-day reprieve. A broker commented the markets were in a wait-and-see mode until the United States Department of Agriculture released its July supply and demand estimates today at 11 am CDT. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was holding within a narrow range Friday morning, in thin and choppy activity as traders await the release of the United States Department of Agriculture’s monthly supply/demand report out later in the day. Gains in Chicago soyoil provided underlying support to canola, […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday, after three days of sharp losses. A trader chalked up the gains to “routine fluctuations” as there was little else to move prices. He noted that the Prairie heatwave this week permitted crops to catch up in their […] Read more