Futures

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

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar slipped lower on Tuesday morning in light of the 25 per cent tariffs United States President Donald Trump imposed on Canada and Mexico. As of 8:41 am CST, the loonie was at US$0.6915 or US$1=C$1.4461 compared to Monday’s close of US$0.6931 or US$1=C$1.4428. On the […] Read more

The ICE Futures canola market retreated on Tuesday morning after United States President Donald Trump imposed tariffs on Canadian, Mexican and Chinese goods starting today. The tariffs were also felt in other markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red, while crude oil also declined. Despite a weakened U.S. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at Monday’s close, as investors took a “risk off” approach ahead of United States tariffs set to come into effect on Tuesday. Losses in the Chicago soy complex contributed to the selling pressure in canola. The managed money net long […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s downturn while taking some direction from the Chicago soy complex. Malaysian palm oil and European rapeseed futures were also softer on the day. Uncertainty ahead of United States tariffs set to […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made slight gains to start the week. Chicago soyoil and Malaysian palm oil were both higher while European rapeseed was mixed. Crude oil increased as uncertainty over tariffs and a deal to end the Russian invasion of Ukraine was in focus. The Canadian dollar was up […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures saw another round of losses on Friday but a broker noted the Canadian oilseed remained cheaper when compared to product values. The Chicago soy complex was weaker, especially with sharp declines in soyoil. European rapeseed was down as well, but there were […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Although Intercontinental Exchange canola futures were lower late Friday morning, a broker said the Canadian oilseed was relatively stronger compared to the products, which were down more. He added the losses in canola were “a routine correction.” The Chicago soy complex was falling back, including sharp losses […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, although activity was choppy and rangebound as participants squared positions ahead of United States tariffs set to come into effect next week. The May contract was trading near its 20-day moving average, after falling below the key […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up their earlier gains on Thursday to close the day lower. Pressure on canola came from sharp losses in Malaysian palm oil and more modest declines in the Chicago soy complex. Upticks in European rapeseed and crude oil helped to temper […] Read more