Futures

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Friday, as gains in outside markets provided support. However, activity was choppy amid ongoing uncertainty over United States trade policies. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but the fickle nature […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains on Friday morning with mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil gained more than US$1 per barrel after Russia said OPEC+ may reverse its planned output hike by April. European rapeseed was […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market held onto small gains on Thursday but settled well off its session highs as markets reacted to shifting tariff news out of the United States. U.S. President Donald Trump posted on social media that tariffs on Mexican imports would be delayed until […] Read more

By Phil Franz-Warkentin Glacier FarmMedia| MarketsFarm — ICE Futures canola contracts were stronger at midday Thursday, as talk of possible easing of United States tariffs circulated the markets. U.S. President Donald Trump posted on social media that tariffs on Mexican imports that fall under the current Canada-U.S.-Mexico Agreement (CUSMA) would be delayed until April 2, […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was on the rise Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was down. Crude oil was steady after losing more than one U.S. cent per barrel on Wednesday. The Canadian dollar is up one-tenth […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market strengthened on Wednesday, as ideas Tuesday’s declines were overdone provided support. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade on Wednesday that an agreement may […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was firmer at midday Wednesday, taking back some of Tuesday’s declines amid ideas the losses were overdone. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market is correcting itself after Tuesday’s plunge due to tariffs implemented by United States President Donald Trump. However, there is speculation the tariffs could be rolled back. Meanwhile, Chicago soyoil and European rapeseed are down while Malaysian palm oil is up. Crude oil continued to fall in […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell sharply lower on Tuesday, as markets reacted to the developing global trade war triggered by import tariffs imposed by the United States and resulting retaliation. The U.S. is a major destination for Canadian canola oil, with that business now facing 25 per […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was sharply lower at midday Tuesday, as oilseed markets reacted to the developing trade war triggered by U.S. import tariffs and resulting retaliation. The U.S. is a major destination for Canadian canola oil, with that business now facing 25 per cent […] Read more