Futures

The ICE Futures canola market was slightly lower on Thursday morning amidst a largely negative sentiment in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. However, crude oil made small gains as tensions in the Middle East outweighed growing United States stockpiles. The Canadian dollar was up nearly […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market traded to both sides of unchanged on Wednesday, settling narrowly mixed. After losing over C$20 per tonne in the span of two days, values were looking oversold and in need of correction. Strength in the Chicago soy market was also supportive. However, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains at midday Wednesday, attempting to stabilize after dropping sharply lower earlier in the week. After losing over C$20 per tonne in the span of two days, values were looking oversold and in need of correction, according to an […] Read more

Glacier FarmMedia MarketsFarm -– The ICE Futures canola market incurred more losses on Wednesday morning due to declines in comparable oils. Chicago soyoil was lower, while Malaysian palm oil and European rapeseed fell sharply. Crude oil was down more than US$1 per barrel on expanding United States inventories despite continuing tensions in the Middle East. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was continued to slide lower on Tuesday, hitting its weakest levels in over a month as speculative selling pressure and a lack of significant end user demand weighed on values. Losses in outside markets contributed to the declines, with Chicago soyoil, European […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Tuesday, seeing a continuation of Monday’s selloff as losses in outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, although crude oil was slightly firmer at midday. Poor export demand […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued its downturn on Tuesday morning as the May contract fell to its lowest level in a month. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red, while crude oil declined despite the recent Iranian drone attack on Israel. The Canadian dollar […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm –  The ICE Futures canola market was sharply lower on Monday, as losses in outside markets and bearish technical signals weighed on prices. Values dropped below several major moving averages to settle at their lowest levels in the past month, as speculative selling built on itself. Forecasts calling […] Read more

By Phil Franz-Warkentin   Glacier Farm Media MarketsFarm – The ICE Futures canola market was weaker at midday Monday, taking back Friday’s gains as chart-based positioning weighed on values. The most-active July contract settled just above its 20- and 100-day moving averages on Friday but dropped below those support levels to start the week. Losses […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in negative territory on Monday morning as comparable oils moved lower. European rapeseed and Malaysian palm oil were both in the red, while crude oil stepped back despite Iran’s attack on Israel. However, Chicago soyoil made small gains. The Canadian dollar was up more than […] Read more