Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were slipping back Friday morning, pulled down by pressure from declines in the Chicago soy complex and European rapeseed. Meanwhile, gains in Malaysian palm lent some support to help stymie further losses. Global crude oil prices were a pinch lower, offering […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to trend higher on Thursday, hitting its strongest levels in over a month. The May canola contract held above the psychological C$600 per tonne level, which was supportive from a chart standpoint and likely encouraged some speculative short covering. Spillover from gains […] Read more

By Phil Franz-Warkentin   WINNIPEG – The ICE Futures canola market was stronger at midday Thursday, hitting its highest levels in a month as speculative short covering and spillover from outside markets provided support. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher, with solid U.S. export demand behind some of the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to build on three-month highs on Thursday morning as they pushed above the psychological C$600 per tonne level. The May contract remained well above its 20-day moving average, which was supportive. As well, upticks in the Chicago soy complex and European rapeseed […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market settled at its highest levels in three weeks on Wednesday, underpinned by supportive technical signals, spillover from gains in outside markets and talk that China was in the market booking some cargoes of Canadian canola. Malaysian palm oil climbed to its highest […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains at midday Wednesday, finding spillover support from advances in outside markets. Malaysian palm oil climbed to its highest levels in six months in overnight activity, while Chicago soyoil was up roughly half a cent per pound at midsession. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher on Wednesday morning building on gains from the turnaround in the overnight session. The Canadian oilseed moved further above its 20-day moving average, helping to underpin its values. Gains in Chicago soyoil, European rapeseed and Malaysian palm oil spilled over into […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market settled with small losses on Tuesday after trading to both sides of unchanged in choppy activity. A downturn in the Chicago soy complex accounted for some of the spillover selling pressure in canola, although European rapeseed and Malaysian palm oil were both higher […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was narrowly mixed at midday Tuesday, lacking any clear direction in choppy activity. Chart-based positioning was a feature, with the May contract holding above the 20-day moving average and some technical signals indicating that a low may be in for the time being. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were attempting to hang on to their gains Tuesday morning, amid pressure from comparable oils. While support for canola came from upticks in European rapeseed and Malaysian palm oil, a slip in the Chicago soy complex limited the increases. Modest declines in global […] Read more