Futures

ICE Futures canola market was weaker on Friday, settling at its weakest levels in two weeks. Speculative selling was a feature as fund traders liquidated long positions. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the bearish tone in canola. The canola market will be closed Monday for Terry […] Read more

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Friday, taking some direction from Chicago soyoil. European rapeseed futures were also down on the day, although Chicago soybeans and Malaysian palm oil were firmer. Chart-based selling was a feature, as fund traders were thought to be liquidating long positions […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were in the red on Friday morning as a lack of weather concerns pressured the oilseed. Most of Saskatchewan and Alberta will see rain showers either this weekend or at the start of next week. Most of southern Manitoba is expected to be warm and dry […] Read more

ICE Futures canola market settled with small losses on Thursday but ended well off its session lows as early fund selling subsided and speculators returned to the buy side as the day progressed. November canola was down by as much as C$14 per tonne Thursday morning but recovered ground in the last two hours of […] Read more

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, hitting fresh two-week lows as losses in Chicago soyoil spilled over to weigh on values. Speculative funds were likely behind much of the selling as they adjusted positions, said a trader, adding that the relatively small open interest in the canola market […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange extended Wednesday’s downturn this morning, pressured by declining comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down while crude oil also showed losses due to rising United States stockpiles. Most of the Prairies will see sunny skies and warm temperatures the rest […] Read more

Glacier FarmMedia — ICE Futures canola market was weaker on Wednesday but finished well off its session lows after uncovering support to the downside. While losses in the Chicago soy complex weighed on values, tight supply projections remained supportive. Heightened concerns over losing out on some export sales to China amid increased Australian competition accounted […] Read more

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Wednesday, falling to its lowest levels of the past two weeks. Heightened concerns over losing out on some export sales to China amid increased Australian competition accounted for some of the weakness, said an analyst. Losses in Chicago soybeans and soyoil also weighed […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange corrected themselves on Wednesday morning, continuing a week of up-and-down trade. Chicago soyoil and European rapeseed were lower while Malaysian palm oil was slightly higher. Crude oil also made gains, but those were softened after the United States threatened 25 per cent tariffs on […] Read more

Glacier FarmMedia — The ICE Futures canola market was stronger on Tuesday, moving back above some key technical levels in the process as a rally in Chicago soyoil and a weaker tone in the Canadian dollar provided support. Weather concerns in parts of the Prairies also underpinned the futures. The November contract settled back above […] Read more