Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back Tuesday morning, following other comparable oils to the downside. In a corrective move there were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Crude oil as well was lower, adding more pressure on the oilseeds. Despite the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, hitting fresh two-month highs as speculative short-covering provided support. The November contract settled just below its 200-day moving average. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, providing spillover support. However, […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Monday, continuing its uptrend of the past few weeks. The November contract was trading above its 200-day moving average at midsession, with the supportive chart signal thought to be bringing in additional speculative short-covering. Chicago soyoil, European rapeseed […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were slightly higher Monday morning, getting spillover from increases in European rapeseed and Malaysian palm oil. However, declines the Chicago soy complex tempered further upticks in canola. Crude oil was on the rise, lending support to the vegetable oils. The November canola contract […] Read more

Intercontinental Exchange canola futures were mostly higher on Friday, with gains in the upfront contracts as the more deferred positions edged lower. Support for canola came from another round of sharp increases in Malaysian palm oil along with modest upticks in European rapeseed. The Chicago soy complex failed to hang on to earlier gains, finishing […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are mixed in choppy trading as earlier gains faded and the Chicago soy complex turned lower. Support for canola was coming from sharp hikes in Malaysian palm along with more modest gains in European rapeseed. Increases in crude oil have scaled back from […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise Friday morning, gleaning support from gains in comparable oils. Malaysian palm oil ended the week with another day of sharp increases, hitting fresh contracts highs. Upticks in the Chicago soy complex and European rapeseed also spilled over into canola. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, settling at its highest levels in two months as speculative short-covering provided support. Malaysian palm oil futures touched fresh contract highs in overnight activity, with European rapeseed and Chicago soyoil also stronger. However, losses in soybeans put some […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, testing major chart resistance as gains in crude oil and world vegetable oil markets provided support. Malaysian palm oil futures touched fresh contract highs in overnight activity, with European rapeseed and Chicago soyoil also stronger. However, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to move upwards on Thursday morning, but gains were limited by weakness in comparable oils. While Chicago soyoil was higher, European rapeseed and Malaysian palm oil were lower. Crude oil rose sharply yet again due to ongoing tensions in the Middle East. The Canadian dollar […] Read more