Futures

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Monday, seeing a continuation of last week’s selloff as bearish technical signals weighed on values and fund traders added to their short positions. Losses in crude oil spilled into the vegetable oil markets, with European rapeseed and Malaysian palm […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Monday, hitting fresh contract lows as bearish technical signals kept speculators on the sell side. “They’re hammering all of the vegetable oils today,” according to an analyst who noted that the negative tone in crude oil was contributing to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back on Monday morning, due to weakness in comparable oils. The Chicago soy complex, European rapeseed and Malaysian palm oil were lower this morning, along with a sharp downturn in global crude oil prices. Temperatures on the Prairies began turning colder […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market went into negative territory again on Friday despite mixed sentiment in comparable oils. Chicago soyoil and European rapeseed traded lower, while Malaysian palm oil closed higher. Crude oil gained more than US$1 per barrel due to increasing tensions in the Middle East. At mid-afternoon, the Canadian dollar […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in the red once again on Friday despite mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were lower, while Malaysian palm oil was higher. Crude oil gained more than US$1 per barrel due to increasing tensions in the Middle East. The Canadian dollar […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker once again Friday morning, continuing the downward slide of the past week as chart signals remained pointed lower. The March contract was trading below all its major moving averages in early activity, nearing the contract low of C$624.90 per tonne […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market suffered double-digit losses on Thursday amid mostly negative sentiment in comparable oils. Despite continuing tensions in the Middle East, crude oil was down. Chicago soyoil and European rapeseed were also lower, while Malaysian palm oil prices were higher. At mid-afternoon, the Canadian dollar was steady compared […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued its ongoing slide on Thursday amid mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were both higher in the middle of trading. However, European rapeseed and crude oil were lower, despite the latter being affected by tensions in the Middle East. The […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market remained under pressure Thursday morning, posting small losses as bearish technical signals continued to weigh on values. Losses in outside markets, including Chicago soyoil and European rapeseed futures, contributed to the downtrend in canola. However, Malaysian palm oil was showing some strength […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market continued its downturn on Wednesday, but losses were limited by rising comparable oils and a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil closed in positive territory. Meanwhile, crude oil was up more than US$2 per barrel after protests shut down Libya’s Sharara […] Read more