Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, hitting fresh three-month lows as bearish technical signals and losses in outside markets weighed on values. Chicago soyoil and European rapeseed were both down, while the Malaysian palm oil market was closed for a holiday. The July canola […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market tumbled and tested new support levels on Friday as comparable oils provided negative sentiment. Chicago soyoil and European rapeseed were lower. Meanwhile, crude oil was down partially due to demand concerns. Malaysian palm oil was higher. The Canadian Grain Commission reported 152,100 tonnes of canola exports during […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market slid further back on Friday while comparable oils provided little direction. European rapeseed and Malaysian palm oil were higher. However, Chicago soyoil was lower and crude oil was down slightly due to demand concerns. The Canadian dollar was down less than one-tenth of a United States cent […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were lower on Friday morning, with the biggest declines in the old crop July contract. Pressure on canola came from declines in the Chicago soy complex, although soyoil was virtually unchanged. Slight gains in European rapeseed lent some support while Malaysian […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Thursday, returning to the downside as relatively favourable growing conditions and seasonal selling pressure weighed on values. Seeding operations were nearly complete in Saskatchewan according to the weekly provincial report, with 78 per cent of the canola crop rated good-to-excellent. European rapeseed and Chicago […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market returned to the red on Thursday, mainly due to seasonal pressure and a lack of support from comparable oils. Chicago soyoil was down as well as Malaysian palm oil. European rapeseed was steady to lower. However, crude oil made small gains despite a build in United States […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange resumed their declines on Thursday morning, being pulled lower by losses in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were to the downside. Upticks in Chicago soybeans and soymeal helped to stem further losses in canola. Crude oil […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market rallied to close higher after earlier losses on Wednesday as agricultural markets reacted to the latest supply/demand estimates from the United States Department of Agriculture. While the USDA numbers included only a few changes, soyoil futures settled with small gains and soybeans showed some recovery after hitting […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to show weakness on Wednesday to go with mixed sentiment in comparable oils as traders await the release of the United States Department of Agriculture’s monthly supply/demand report out later in the day. While Chicago soyoil and European rapeseed were lower, Malaysian palm oil was […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were modestly lower on Wednesday morning, despite support from comparable oils. There were gains in the Chicago soy complex and Malaysian palm oil, but European rapeseed was lower. Increases in crude oil spilled over into the oilseeds. The United States Department […] Read more