Futures

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were weaker in the middle of Monday trading due to what one analyst said was a “macro selloff” in the markets, especially in crude oil. United States President Donald Trump said last weekend that the U.S. and Iran are currently engaged in talks, which sent crude […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange stepped back on Monday morning, amid pressure from most comparable oils. With crude oil down sharply this morning, there were losses in Chicago soybeans and soyoil, as well as Malaysian palm oil. MATIF rapeseed and Chicago soymeal were slightly higher. The March canola […] Read more

Glacier FarmMedia — The ICE Futures canola market settled with small losses, as spillover from declines in the Chicago soy complex countered the supportive influence of a weaker Canadian dollar. The March contract traded above C$650 per tonne for the sixth-straight session on Friday, but once again ran into resistance at that chart point to […] Read more

     Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Friday, as investors squared positions ahead of the weekend. The March contract was trading just above C$650 per tonne at midsession, after testing that level every day of the past week. An analyst said it would be supportive from a technical standpoint if […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Friday morning with mixed comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were weaker. Meanwhile, crude oil was higher amid tensions between the United States and Iran. The Canadian Grain Commission reported on Thursday that 241,100 tonnes of canola were […] Read more

Glacier FarmMedia — The ICE Futures canola market was weaker on Thursday, backing away from nearby highs after running into resistance. The March contract touched fresh seven-week highs in overnight trade but was unable to hold onto those gains. The settlement below C$650 per tonne was bearish from a chart standpoint, said an analyst. Chicago […] Read more

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Thursday, backing away from overnight gains. The March contract touched fresh seven-week highs in overnight trade but dipped below unchanged as the North American day session progressed. The return below C$650 per tonne was bearish from a technical standpoint, said an analyst. Chicago soyoil […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Thursday morning, receiving plenty of support. Crude oil was on the rise after a United States aircraft carrier was sent to the Middle East amid increased tensions between the U.S. and Iran. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher. […] Read more

Glacier FarmMedia — The ICE Futures canola market was stronger on Wednesday, finding spillover support from gains in Chicago soybeans. Speculative short covering was a feature, with the settlement above C$650 per tonne in the March contract seen as constructive from a technical standpoint. Gains in European rapeseed and Malaysian palm oil provided additional support, […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rally, fuelled by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil made gains to start the day. Meanwhile, crude oil was also higher due to the weaker U.S. dollar, the arrival of U.S. warships to the Middle East and continued disruptions at […] Read more