Futures

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on Monday morning, turning around following a week of declines. The most-traded March contract pushed above the psychological level of C$600 per tonne but remained well back of its major moving averages. Support for canola came from upswings in the Chicago […] Read more

Glacier FarmMedia — The ICE Futures canola market remained pointed lower on Friday, losing C$25.70 per tonne in the March contract over the week amid a lack of any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission […] Read more

Glacier FarmMedia — ICE Futures canola contracts continued their downward slide on Friday, as the market lacked any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission data. Crop year-to-date exports at 2.4 million tonnes compares with 4.2 […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange approached the weekend in negative territory, with the March contract dropping below the C$600 per tonne mark. The Canadian Grain Commission reported canola exports for the week ended Dec. 14 were 57,400 tonnes, well below the previous week’s 289,200. Due to a lack of Chinese buying, […] Read more

Glacier FarmMedia — The ICE Futures canola market continued lower on Thursday, lacking any supportive news to counter the bearish momentum. Losses in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed also lower on the day. Large supplies and a lack of significant export demand from China continue to overhang […] Read more

Glacier FarmMedia — ICE Futures canola contracts fell to fresh nine-month lows on Thursday, lacking any supportive news to slow the slide. The “momentum” remains pointed lower in canola, said an analyst, accounting for the general weakness in the market as traders move to the sidelines ahead of the holidays. Much of the activity was […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning amidst lagging exports and mixed sentiment in comparable oils. Agriculture and Agri-Food Canada released its monthly outlook on Wednesday, raising canola carryout by 450,000 tonnes from the November estimate at 2.95 million. Exports were up one million tonnes at eight million. […] Read more

Glacier FarmMedia — The ICE Futures canola market continued lower on Wednesday, setting fresh nine-month lows. Chicago soybeans and European rapeseed futures were also weaker on the day, although soyoil was higher at the final bell. Large supplies and the slow export pace continued to overhang the canola market, with burdensome ending stocks expected for […] Read more

Glacier FarmMedia — ICE Futures canola contracts continued their downward slide of the past week at midday Wednesday, lacking any fresh supportive news. Losses in the Chicago soy complex accounted for some spillover selling pressure in the Canadian oilseed. European rapeseed was also lower, although Malaysian palm oil and crude oil were higher. Chart-based selling […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange remained in negative territory on Wednesday morning as nearby prices stay at least C$30 per tonne below their 20-day averages. A lack of buying from China has put ongoing pressure on canola prices. However, the oilseed received support from comparable oils. European rapeseed and Malaysian palm […] Read more