Futures

Glacier FarmMedia MarketsFarm — The ICE Futures canola market reversed course and retreated on Friday despite mostly positive sentiment in comparable oils. While Chicago soyoil was down, European rapeseed and Malaysian palm oil were on the rise. Crude oil was also higher. At mid-afternoon, the Canadian dollar was up less than one-tenth of a United […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market reversed course and retreated on Friday despite mostly positive sentiment in comparable oils. While Chicago soyoil was down, European rapeseed and Malaysian palm oil were on the rise. Crude oil was slightly above unchanged. The Canadian dollar was unchanged compared to Thursday’s close. One analyst said […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lacking any clear direction Friday morning in choppy trade, seeing some consolidation ahead of the weekend. After posting losses in overnight activity, canola managed to move back towards unchanged with gains in Chicago soyoil providing spillover support. European rapeseed was also […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued upward on Thursday, adding to its momentum from Wednesday. Chicago soyoil, European rapeseed and Malaysian palm oil were in positive territory. Crude oil gained approximately US$2 per barrel, lifted by Middle East tensions. At mid-afternoon, the Canadian dollar was up one-tenth of a United States cent […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued upward on Thursday, adding to its momentum from Wednesday. Chicago soyoil, European rapeseed and Malaysian palm oil were in positive territory. Crude oil gained more than US$1 per barrel, lifted by Middle East tensions. The Canadian dollar was steady compared to Wednesday’s close. Statistics Canada […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was holding onto gains in most months Thursday morning, seeing only a muted reaction to updated Canadian stocks data as participants await direction from the monthly United States supply/demand report due out later in the day. Canadian canola stocks as of Dec. […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market finished slightly lower on Wednesday after recovering most of its losses late in trading. Malaysian palm oil was mostly higher, while Chicago soyoil was up and crude oil rose despite growing United States stockpiles. European rapeseed was lower. At mid-afternoon, the Canadian dollar was up two-tenths […] Read more

The ICE Futures canola market fell sharply on Wednesday despite mostly positive sentiment in comparable oils. Malaysian palm oil was mostly higher, while Chicago soyoil was up and crude oil rose despite growing United States stockpiles. European rapeseed was mostly lower. The Canadian dollar was up two-tenths of a U.S. cent compared to Tuesday’s close. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to fresh contract lows Wednesday morning, dropping below nearby chart support levels. Losses in European rapeseed futures and the Chicago soy complex contributed to the bearish tone in canola. Statistics Canada will release its latest stocks data on Thursday, with pre-report […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market retreated on Tuesday despite overall support from comparable oils. Chicago soyoil, European rapeseed, and Malaysian palm oil were in positive territory. Crude oil was also higher as tensions in the Middle East outweighed hawkish sentiment from the United States Federal Reserve. At mid-afternoon, the Canadian dollar […] Read more