Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday, giving up the gains they made yesterday. Even without fresh bearish news, an analyst said it was “back into the tank we go,” as canola prices retreated. Another analysts stated canola was oversold and that positioning ahead of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures had returned to their downward trend at mid-session Wednesday after rallying yesterday. “Back to the tank we go,” an analyst commented, noting prices were down even without any fresh bearish news. He said the market will move into “a technical trading environment,” likely […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning amidst mixed sentiment in comparable oils. European rapeseed was up and Malaysian palm oil was mostly higher. However, crude oil was steady and Chicago soyoil was lower. The Canadian dollar was unchanged compared to Tuesday’s close. Nearly 10,800 contracts were […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fended off pressure from most comparable oils to finish higher on Tuesday. Trading resumed following holidays in Canada and the United States on Monday. Chicago soyoil was down but finished off of its lows. European rapeseed was mixed while there were small […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher at mid-session Tuesday, as trading resumed after the markets in Canada and the United States were closed on Monday for holidays. One analyst suggested there was a spate of buying by Chinese firms that’s behind today’s increases. Another analyst said with […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its strength coming out of the long weekend, supported by vegetable oils and a slightly weaker Canadian dollar. There was no trading on Monday due to Louis Riel Day in Manitoba. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Friday, seeing a corrective bounce off contract lows to end the week. Oversold price sentiment and end user bargain hunting at the lows underpinned the futures, with gains in Chicago soybeans and European rapeseed providing additional spillover support. However, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures attempted regain some of their losses on Friday morning, despite mixed signals. While Chicago soyoil and Malaysian palm oil were to the downside, European rapeseed pushed higher. There were also increases in Chicago soybeans and soymeal. Small upticks in global crude oil prices […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows on Thursday, lacking any fresh supportive news. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the declines, with speculators thought to be adding to their large short positions. Malaysian palm oil […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows on Thursday, continuing to lack any supportive news. Losses in Chicago soyoil and a firmer tone in the Canadian dollar contributed to the declines, with speculators thought to be adding to their large short positions. Malaysian palm oil […] Read more