Futures

     Glacier FarmMedia — The ICE Futures canola market closed narrowly mixed on Tuesday, as spillover support from gains in Chicago soyoil was countered by the bearish influence of the rising Canadian dollar. Soyoil futures settled at their highest levels in five months, with soybeans also up on the day. European rapeseed and Malaysian palm […] Read more

Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains at midday Tuesday, but well off their session highs. Gains in the Chicago soy complex provided spillover support for the Canadian oilseed. Malaysian palm oil was also higher in overnight trade, while European rapeseed traded narrowly mixed. Chinese importers have bought up to […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange found their way back to positive territory on Tuesday morning after retreating on Monday. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil also made gains after a severe winter storm last weekend disrupted oil output in the United […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Monday, as the multi-day rally likely ran out of steam, said an analyst. The analyst said the technicals largely propelled the rally with the funds taking it as far as they could. Also, the increases were to entice reluctant farmers to sell […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower late Monday morning, with one analyst pessimistic about what he believes is likely to happen. “We’ve had a great technical rally because the farmer is not selling,” the analyst said. “He’s thinking that because of Chinese purchases, they’re going to keep […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange showed minimal losses on Monday morning as strength in the loonie and weaker crude oil prices outweighed increases in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil showed gains. However, crude oil was down as production is set to resume at a Kazakhstani oil […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed out Friday on a positive note after bouncing either side of unchanged. Canola continued to ride the market’s generally positive attitude toward last week’s Canada-China agreement on reducing tariffs. There was also spillover from gains in MATIF rapeseed and the Chicago soy complex. However, […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures were struggling to hang on to their gains on the Intercontinental Exchange in choppy trading late Friday morning. This was despite support from increases in the Chicago soy complex and MATIF rapeseed. While Malaysian palm oil closed lower on Friday, a strong upswing in crude oil spilled […] Read more

WINNIPEG–ICE canola futures posting small gains Friday morning, continuing their steady uptrend. Gains in Chicago soyoil provided spillover support, with that market at its highest levels in five months. Soybeans and European rapeseed futures were also higher, although Malaysian palm oil was lower. Canada exported 288,200 tonnes of canola during the week ended Jan. 18, […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more