Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Monday, consolidating after a strong rally last week. An analyst pointed out the coming hot temperatures across the Prairies this week will put stress on flowering canola and that might see an upward climb in the oilseed’s prices. Pressure […] Read more

Intercontinental Exchange canola futures were moving lower at midsession Monday, after running into resistance during the overnight session. “We had a really nice rally in canola and now we’re consolidating again,” an analyst commented. However, with Prairie temperatures forecast to exceed 30 degrees Celsius this week, the analyst noted that should be somewhat supportive. “Flowering […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, retreating from overnight gains as losses in outside markets and chart-based positioning weighed on prices. The November contract briefly traded above its 200-day moving average around C$661 per tonne in overnight activity before running into resistance. Losses in […] Read more

WINNIPEG — The ICE Futures canola market resumed its recent rally to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was lower despite smaller United States stockpiles and rising global equity markets. Malaysian palm […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its recent rise on Friday to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was also up due to fewer United States stockpiles and rising […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, following the resumption of activity at the Chicago Board of Trade after the Independence Day holiday. The Chicago soy complex saw losses in soybeans and soyoil while soymeal was higher. Some of the ‘gusto’ of stronger Malaysian palm […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly higher with reduced United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets were closed due […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was steady to higher on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly lower despite fewer United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets will […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures edged higher on Thursday morning, as pressure from comparable oils was attempting to stymie the oilseed’s recent progress. Although the United States markets are closed for Independence Day, yesterday’s sharp gains in Chicago soyoil were still being felt in canola. There were declines […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market consolidated its gains from Tuesday, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all showed sharp gains on Wednesday. Crude oil prices were slightly higher due to a 12 million-barrel weekly draw in United States stockpiles. One analyst said that […] Read more