Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures swung higher on Monday, benefitting from gains in the Chicago soy complex. Additional support came from upticks in Malaysian palm oil, while European rapeseed closed mixed. Sharp declines in crude oil were trying to limit the increases in the vegetable oils. Rail […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise at midsession Monday, due to gains in the Chicago soy complex. Additional support was derived from increases in Malaysian palm oil, while pressure came from losses in European rapeseed. Small setbacks in crude oil weighed on vegetable oil values. […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market moved upwards coming out of the weekend despite a lack of solid direction from comparable oils. While Malaysian palm oil was up, Chicago soyoil and European rapeseed were down. Crude oil was steady to higher due to demand concerns while ongoing tensions in the Middle East […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows on Friday, as bearish technical signals and a lack of fresh end user demand weighed on values ahead of the harvest. The November contract fell below nearby support at C$570 per tonne to settle at the lowest […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Friday, falling to fresh contract lows as losses in outside markets spilled over to weigh on prices. Chicago soyoil was also trading at fresh contract lows, while European rapeseed was trading just above its weakest levels in five […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued lower on Friday morning, adding onto Thursday’s losses. There were declines in the Chicago soy complex, and Malaysian palm oil along with hard losses in European rapeseed. Crude oil prices were pulling back, adding more pressure on to the oilseeds. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market failed to hold onto earlier gains on Thursday, settling with small losses. Canola had started the session seeing a continuation of Wednesday’s corrective bounce, with advances in European rapeseed and the Chicago soy complex also supportive. Production uncertainty in parts of Western […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, seeing some follow-through buying interest after Wednesday’s corrective bounce off contract lows. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Production uncertainty in parts of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued upward on Thursday morning, adding on to yesterday’s gains. Short covering by the speculative funds aided the upswing into a second day. Support for canola also came from upticks in Chicago soybeans and soymeal, as well as European rapeseed and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Wednesday, correcting off contract lows amid ideas the losses were overdone. Fund short covering accounted for much of the activity, according to a trader, as speculators were thought to be taking profits on their large bearish positions. However […] Read more