Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained some strength on Wednesday thanks to supportive prices for comparable oils. Chicago soyoil was slightly higher, while Malaysian palm oil and European rapeseed were up. Crude oil continued its rally due to tensions in the Red Sea. The Canadian dollar is up less than one-tenth of […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 20 (MarketsFarm) – Intercontinental Exchange canola futures pushed higher on Wednesday morning, due to spillover from comparable oils. Support come from Chicago soybeans and soyoil, European rapeseed and Malaysian palm oil, but Chicago soymeal eased back. Moderate upticks in global crude oil prices were spilling over into the vegetable […] Read more

Glacier FarmMedia MarketsFarm — The ICE Futures canola market erased Monday’s gains, due to mixed vegetable oils and a stronger loonie. Chicago soyoil and Malaysian palm oil were up, but European rapeseed was down. Crude oil was higher due to the ongoing threat of attacks on vessels in the Red Sea. At mid-afternoon, the Canadian dollar […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market erased Monday’s gains, pressured by vegetable oils and a stronger loonie. Chicago soyoil was down, while European rapeseed was mostly lower. However, Malaysian palm oil was up and crude oil was higher due to the ongoing threat of attacks on vessels in the Red Sea. The Canadian […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 19 (MarketsFarm) – Intercontinental Exchange canola futures fell back on Tuesday morning, giving up most of yesterday’s increases due to a lack of support from comparable oils. Losses in the Chicago soy complex and European rapeseed weighed on canola values, but those declines were tempered by gains in Malaysian […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market began the week before Christmas with modest gains as comparable oils rose. Chicago soyoil and Malaysian palm oil were up, while European rapeseed was mostly higher. Crude oil gained US$1.50 per barrel after Yemeni rebels attacked a BP vessel on the Red Sea earlier today. At mid-afternoon, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market began the week before Christmas with modest gains as comparable oils rose. Chicago soyoil and Malaysian palm oil were both higher to start the day. Crude oil was up US$2 per barrel after Yemeni rebels attacked a BP vessel transporting vegetable oil on the Red Sea earlier […] Read more

By Glen Hallick, MarketsFarm WINNIPEG, Dec. 18 (MarketsFarm) – Intercontinental Exchange canola futures were slightly lower on Monday morning. Global crude oil prices were on the rise, and lending support to the vegetable oils. That generated increases in Malaysian palm oil and Chicago soyoil, while European rapeseed remained lower. Also, Chicago soybeans were inching upwards, […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Friday but managed to settle off the six-month lows hit earlier in the session. Chart-based speculative selling and a lack of any supportive fundamental news kept the path of least resistance pointed lower. Early losses in Chicago soyoil futures […] Read more

By Phil Franz-Warkentin, MarketsFarm   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Friday, continuing its downward slide as bearish technical signals and losses in outside markets weighed on values. The futures hit new six-month lows, as chart-based speculative selling built on itself. Spillover from declines in Chicago soyoil contributed […] Read more