Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, following comparable oils to the upside. Gains in the Chicago soy complex, European rapeseed and Malaysian palm oil spilled over into canola. Notable increases in global crude oil prices underpinned vegetable oils. The Canadian Grain Commission reported producer […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Thursday, finding support from gains in Chicago soyoil. Chart-based positioning was a feature amid ideas recent losses were looking overdone. End user bargain hunting and a lack of significant farmer selling on the other side also provided support. The […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was holding onto small gains at midday Thursday, finding support from advances in Chicago soyoil. Chart-based positioning was a feature, as the market appears to have found a floor for the time being, according to participants. The March contract hit a low of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday morning, giving up early losses to push higher. Support came from gains in the Chicago soy complex and Malaysian palm oil, but European rapeseed was either side of steady. Upticks in global crude oil prices were lending support to […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Wednesday, taking back most of Tuesday’s gains as the correction proved short lived and bearish technical signals kept values under pressure. The most-active March contract remained well below most major moving averages, although chart support appeared to be holding to […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Wednesday, taking back some of Tuesday’s gains as the overall technical trend remains pointed lower. “What goes up, must come down,” said one analyst describing the price action in canola. He added that Tuesday’s correction was looking to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, due to declines in the Chicago soy complex. Meanwhile, losses in canola were tempered by upticks in European rapeseed and Malaysian palm oil. Global crude oil prices were modestly higher, lending some support to vegetable oils. Canola crush […] Read more

  By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market posted solid gains on Tuesday, settling higher for the first time in 2024 amid ideas values were due for a correction after hitting contract lows.   Chicago soyoil, European rapeseed and Malaysian palm oil futures were higher, lending spillover support to […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Tuesday, seeing a corrective bounce off contract lows amid ideas the losses were looking overdone. March canola hit a contract low of C$610.20 per tonne on Monday but was trading well above that level by midday Tuesday. However, prices […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise Tuesday morning, along with comparable oils. There were upticks in Chicago soybeans and soyoil, while soymeal eased back. Additional support for canola came from gains in European rapeseed and Malaysian palm oil. Higher global crude oil prices were lending […] Read more