Futures

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

The ICE Futures canola market sought to end the week on a high note, continuing its up-and-down trade over the past few days. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher, providing support for the oilseed. Crude oil was also up, with gains of more than US$1 per barrel. Canadian Labour Minister […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Thursday, due to sharp declines in the Chicago soy complex and more moderate losses in European rapeseed. However, gains in Malaysian palm oil and global crude oil helped to limit the pull backs in canola. Rail movement is mostly […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back at midsession Thursday, due to declines in the Chicago soy complex and European rapeseed. “People are bearish,” an analyst noted, especially in the European market. On the positive side, Malaysian palm oil was higher and there were modest upticks in […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower on Thursday morning, hours after both of Canada’s major railways were shut down due to a work stoppage. At 12:01 a.m. this morning, Canadian National Railway and Canadian Pacific Kansas City failed to reach an agreement on new contracts with workers, represented by the Teamsters […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed stronger on Wednesday, recouping yesterday’s losses and adding more. A trader said he wasn’t entirely sure as to why canola climbed so high, suggesting it could have been a rebalancing of the market or the speculative funds at work. Given how […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger at midsession Wednesday; however a trader wasn’t entirely sure as to why. He said there could be a rebalancing, or the speculative funds are at work. Nevertheless, canola was getting support from gains in the Chicago soy complex, European rapeseed and […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained strength on Wednesday morning, deriving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all on the rise. Meanwhile, crude oil was also up due to ongoing Middle East tensions. A major work stoppage on Canada’s two largest railways is set […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, losing most of yesterday’s gains. There was a lack of support coming from the Chicago soy complex, European rapeseed and Malaysian palm oil. Modest declines in crude oil put pressure onto the oilseeds. Canola also felt the weight […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the downside at midsession Tuesday, due to declines in other vegetable oils, according to an analyst. There were losses in the Chicago soy complex and European rapeseed, while Malaysian palm oil was mixed. Crude oil was down slightly in choppy trading, […] Read more