Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market recovered from earlier losses on Wednesday as the result of rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Meanwhile, crude oil was up more than US$2 per barrel after protests have shut down Libya’s Sharara oil field. The Canadian […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Wednesday morning, seeing a continuation of Tuesday’s selloff amid a lack of fresh supportive news. The move below C$650 per tonne in the March contract was bearish from a chart standpoint, encouraging additional speculative selling as fund traders continue to […] Read more

Glacier FarmMedia MarketsFarm -– After the first trading day of 2024, the ICE Futures canola market was under pressure due to weakness from comparable oils, but losses were tempered by a weaker Canadian dollar. While Chicago soyoil was up, European rapeseed and Malaysian palm oil were in the red, while crude oil eased back. At […] Read more

Glacier FarmMedia MarketsFarm – On the first trading day of 2024, the ICE Futures canola market was under pressure due to weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red, while crude oil eased back. The loonie was down half of a United States cent compared to […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses Tuesday morning as activity resumed for the first trading session of 2024. Declines in the Chicago soy complex accounted for some spillover selling pressure in the canola market, with Malaysian palm oil also lower. However, European rapeseed was […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower on the final day of trading for 2023, with only the nearby January contract being higher. As well, today is first notice day for all January futures. Canola pulled back due to a lack of support from most comparable […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – On the final day of trading for 2023, Intercontinental Exchange canola futures were down at midday Friday. “There’s no fireworks today. The markets are going to whimper off into 2024,” an analyst commented, noting the low volumes of activity for canola and at the Chicago Board of […] Read more

Glacier FarmMedia MarketsFarm – On the last trading day of 2023, the ICE Futures canola market moved lower despite mixed sentiment in comparable oils. There will be no trading on Jan. 1 for New Year’s Day. Malaysian palm oil was up, but Chicago soyoil and European rapeseed were down. Although crude oil was on the rise, […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – The recent rally in Intercontinental Exchange canola futures came to end on Thursday, as prices turned around to finish lower. Growing losses in global crude oil prices spilled over into canola and Chicago soyoil. There were additional losses in Chicago soybeans and soymeal. European rapeseed closed […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola were mostly higher at midday Thursday, adding to the gains made yesterday. “This might be some fund liquidation of their shorts,” an analyst suggested. He also noted the equities markets were on the rise, pulling the futures markets along, including ICE canola. There were […] Read more