Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market took a small step back on Wednesday morning following the release of new data from Statistics Canada (StatCan). StatCan estimated in its latest principal field crop report released this morning that canola production for 2024-25 at 19.502 million tonnes, 310,000 more than the 2023-24 figure. One analyst […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange stepped back on Wednesday morning, following the release of the Statistics Canada report on principal field crops. StatCan raised canola output for 2023/24 to 19.19 million tonnes from 18.33 million. Also, federal agency pegged canola production for 2024/25 at 19.50 million […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market continued its upward momentum on Tuesday despite coming off its highs. While European rapeseed was up, Chicago soyoil and Malaysian palm oil were down. Meanwhile, crude oil corrected itself from Monday’s gains. Statistics Canada (StatCan) will release its latest principal field crop report Wednesday morning at 7:30 […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued its upward momentum on Tuesday, rising by double digits. While Chicago soyoil and European rapeseed were up, Malaysian palm oil was down and crude oil corrected itself from Monday’s gains. Statistics Canada (StatCan) will release its latest principal field crop report Wednesday morning at 7:30 […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday morning with the nearby November contract pushing above C$600 per tonne. There was spillover coming from gains in the Chicago soy complex and European rapeseed, but Malaysian palm oil was a pinch lower. Modest declines in crude […] Read more

WINNIPEG — The ICE Futures canola market was on the rise on Monday with the November contract hitting a two-week high. Chicago soyoil, European rapeseed and Malaysian palm oil were all supportive of the oilseed. Crude oil was up nearly US$2 per barrel after a missile strike from militant group Hezbollah hit Israel over the […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market opened the week on the rise, with the November contract already hitting a two-week high. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the week. Crude oil gained up to US$2 per barrel due to another flareup of tensions in the Middle […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Monday morning despite comparable oils being mixed. While Chicago soyoil was on the rise, there were losses in soybeans and soymeal. As European rapeseed turned mixed, Malaysian palm oil swung upward. Although crude oil prices rose sharply, the […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed out the week Friday on a high note, holding its up and down path. There was ample spillover from gains in the Chicago soy complex, European rapeseed and Malaysian palm oil. Also, strong upticks in crude oil prices were lending support […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned stronger by midsession on Friday, benefitting from sharp upticks in the Chicago soy complex. Gains in European rapeseed and Malaysian also spilled over into canola, while increases in crude oil added to the upswing in vegetable oils. “I don’t think there’s anything […] Read more