Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was slightly higher coming out of the Victoria Day weekend despite weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on Tuesday morning. Crude oil was also lower as traders turn their focus to next month’s OPEC+ meeting. The Canadian dollar […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, building on Friday’s gains as trading resumed after the long weekend. There were still concerns about the rain across the Prairies that’s led to delays to spring planting. However, the moisture will be good for production in the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Friday, as spillover from gains in outside markets provided support. Chicago soyoil, Malaysian palm oil and European rapeseed futures were all higher on Friday, with speculative positioning ahead of the weekend a feature. Canadian markets will be closed Monday […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Friday, taking some direction from outside markets. Chicago soyoil, Malaysian palm oil and European rapeseed futures were all higher on the day, with speculative positioning ahead of the weekend a feature. The new crop November contract was trading […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market looked to end the week on a positive note, supported by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all trading higher on Friday. Crude oil was up due to tightened United States stockpiles and signs of a slowdown in inflation. There will be […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Thursday, underpinned by chart-based positioning and ideas losses earlier in the week were overdone. Gains in Chicago soyoil provided spillover support, although soybeans were mixed. European rapeseed and Malaysian palm oil futures traded near unchanged, providing little direction. Concerns […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, underpinned by chart-based positioning and ideas losses earlier in the week were overdone. Gains in Chicago soyoil provided spillover support, although soybeans were lower. European rapeseed and Malaysian palm oil futures were trading near unchanged, providing little […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made moves to the upside on Thursday morning amid mixed sentiment in comparable oils. Chicago soyoil was higher, while European rapeseed traded in both sides of unchanged and Malaysian palm oil was lower. Crude oil also made slight gains. The Canadian dollar was down less than […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Wednesday, retreating from early gains as chart-based speculative buying gave way to increased farmer selling. Early strength in Chicago soybeans and soyoil had provided support, but beans turned lower and soyoil moved off its session highs. Widespread rains across […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Wednesday, underpinned by chart-based positioning. Ideas that Tuesday’s losses were overdone had speculators back on the buy side of the market, with a firmer tone in Chicago soybeans and soyoil also providing some spillover support. European rapeseed and […] Read more