Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower Thursday morning, as pressure from comparable oils erased small gains in what appeared to have been bargain hunting. The Chicago soy complex and Malaysian palm oil were lower, while European rapeseed was mostly higher. Global crude oil prices bumped up, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply lower on Wednesday, taking back all the gains from earlier in the week to settle just above contract lows in the absence of any supportive news as the market continued its attempts to uncover fresh demand. Bearish chart signals and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Wednesday, taking back most of the gains posted earlier in the week as prices retreated in an attempt at bringing in more end user buying interest. Increased farmer selling after the recent advances accounted for some of the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back on Wednesday morning, lacking sufficient support from comparable oils. Chicago soybeans and soyoil were to the downside while soymeal was narrowly mixed. Malaysian palm oil was on the rise and European rapeseed was on either side of unchanged. Global crude oil […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market moved within a wide range on Tuesday, with the bias higher at the closing bell. Gains in Chicago soyoil and weakness in the Canadian dollar contributed to the strength in canola, with that combination helping crush margins improve. End user demand was […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Tuesday, although activity was choppy with values moving within a wide range. The nearby March contract traded to both sides of unchanged in a C$9 per tonne range, lacking any clear direction as it reacted to outside influences. […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures climbed higher on Tuesday morning, in trying to add to Monday’s small gains. Support for canola came from increases in Chicago soyoil, European rapeseed, and Malaysian palm oil. Modest upticks in global crude oil prices further underpinned vegetable oil values. Slight decreases in […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market held onto small gains on Monday, with chart-based positioning a feature amid ideas recent losses were overdone. Advances in Chicago soybeans accounted for some of the spillover buying interest in canola, with end-user bargain hunting also supportive. However, losses in soyoil and […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Monday, finding support just above contract lows. Gains in Chicago soybeans accounted for some of the spillover buying interest in canola, with end-user bargain hunting and ideas recent losses were overdone contributing to the gains. However, losses in Chicago […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gained traction on Monday morning, having come out of the overnight session with small upticks. Pressure on canola came from losses in Chicago soyoil and European rapeseed, while gains in Chicago soybeans and soymeal provided support. Global crude oil prices eased back, weighing […] Read more