Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, taking back Friday’s losses to start the week. Support for the Canadian oilseed also came from gains in Chicago soybeans and soymeal, while soyoil held firm. Upticks in European rapeseed spilled over into canola, while some of that […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market showed some weakness on Friday despite variable sentiment across the markets. On the week ended Feb. 25, Canada exported 77,500 tonnes of canola, the smallest amount in four weeks, according to the Canadian Grain Commission. Total exports this marketing year so far are 3.365 million tonnes, down […] Read more

Glacier FarmMedia MarketsFarm – On the first day of March, the ICE Futures canola market showed some weakness on Friday morning despite varied sentiment across the markets. Chicago soyoil and Malaysian palm oil were down. However, European rapeseed was up and crude oil nearly gained US$2 per barrel on speculation OPEC+ could extend supply cuts later […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Friday morning, showing a continued recovery off contract lows as the market showed signs of establishing a bottom after its months-long downtrend. The May contract managed to settle just above its 20-day moving average on Thursday and was holding above […] Read more

Glacier FarmMedia MarketsFarm -– The ICE Futures canola market was on the rise Thursday, showing strength despite mixed sentiment in comparable oils. Malaysian palm oil made gains, hitting its highest prices this month. Chicago soyoil was steady, European rapeseed was lower and crude oil pulled back due to larger United States stockpiles. One analyst said […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the rise on Thursday, showing strength despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil made gains, with the latter hitting its highest prices this month. However, European rapeseed was lower and crude oil was steady due to larger United States […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses in most contracts Thursday morning. An overnight attempt at moving higher ran into chart resistance as the market continued to consolidate just above contract lows. Chicago soyoil and European rapeseed futures were both weaker on the day, accounting […] Read more

WINNIPEG — The ICE Futures canola market was steady to lower on Wednesday with mostly negative sentiment in comparable oils. European rapeseed was positive, but Chicago soyoil was lower and Malaysian palm oil was mixed. Crude oil was also in the red. One analyst said canola’s weakness stemmed from selling in the vegetable oil complex. […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market did not sustain a rally on Wednesday due to mixed to negative sentiment in comparable oils. European rapeseed was positive, but Chicago soyoil was lower and Malaysian palm oil was mixed. Crude oil was also on both sides of unchanged. The Canadian dollar was down one-quarter […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was trading to both sides of unchanged Wednesday morning, seeing some consolidation after correcting off contract lows earlier in the week. Losses in Chicago soyoil put some spillover pressure on the Canadian oilseed, although soyoil moved off its overnight lows. European rapeseed was […] Read more