Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made small gains on Friday morning despite negative sentiment in comparable oils. While European rapeseed was higher, Chicago soyoil and Malaysian palm oil were lower. Crude oil was also down due to forecasts showing weaker demand. The Canadian dollar was steady compared to Thursday’s close. Approximately […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, recovering from overnight declines to take back all its losses from earlier in the week. Gains in Chicago soyoil and European rapeseed futures provided spillover support, with the move back above C$600 per tonne in the November contract […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, recovering from overnight losses as gains in Chicago soyoil provided spillover support. A trader said the canola had no real direction but was “oscillating back and forth” as speculative fund traders adjusted positions. End-user bargain hunting, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down slightly on Thursday morning amidst little direction in comparable oils. Chicago soyoil was higher, European rapeseed was steady to higher and Malaysian palm oil was lower. Crude oil was mostly unchanged. The Canadian dollar was down less than one-tenth of a United States cent […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market held onto small gains at Wednesday’s close but finished well off its session highs. Speculative positioning and end-user bargain hunting provided some early support for canola. However, farmer selling came forward at the highs and values drifted back towards unchanged. The November […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Wednesday, taking back some of Tuesday’s losses amid ideas the downturn was overdone. End-user bargain hunting, as Canadian canola remains attractively priced compared to most other global oilseeds, contributed to the gains. The move back above C$600 per […] Read more

The ICE Futures canola market rebounded on Wednesday morning due to rising vegetable oil prices. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Meanwhile, crude oil was slightly lower after Tuesday’s price drop. The Canadian dollar was up more than one-tenth of a United States cent compared to Tuesday’s close. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Tuesday, falling below nearby chart support as activity resumed after the Thanksgiving weekend. The Chicago soy complex was down sharply on Monday when the canola market was closed. Soybeans remained pointed lower on Tuesday, although a recovery in soyoil […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, with speculative selling a feature as activity resumed after the Canadian Thanksgiving weekend.   The Chicago soy complex was down sharply on Monday when the canola market was closed. Soybeans remained pointed lower on Tuesday, although a […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market held onto small gains at Friday’s close, finishing well off its highs for the session as a downturn in the Chicago soy complex weighed on prices. Speculative short covering and solid end-user demand underpinned the canola market, with the November contract trading […] Read more