Futures

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took a step back to start the week, pressured by weaker comparable oils and a stronger Canadian dollar. Malaysian palm oil was down while European rapeseed was mostly lower. Crude oil was down after United States president-elect Donald Trump indicated he would declare a national energy […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Friday, recovering some of Thursday’s losses as gains in the Chicago soy complex provided spillover support. Weakness in the Canadian dollar and gains in European rapeseed were also supportive, as canola remains attractively priced compared to most other oilseed […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was higher at midday Friday, taking back some of Thursday’s losses as a turn higher in the Chicago soy complex provided spillover support. Ideas the losses in canola were overdone contributed to the gains, with the weakness also likely bringing in some […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned narrowly mixed on Friday morning, after coming out of the overnight session with small increases. Canola fell sharply on Thursday after it was excluded from the interim rules on United States biofuel guidelines released the day before. Support for the Canadian oilseed […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell to its lowest levels in three weeks on Thursday, seeing a continuation of Wednesday’s selloff. Increased farmer hedges after recent gains, bearish technical signals and spillover from outside markets contributed to the declines. Canola was not included in interim rules on […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was sharply lower at midday Thursday, seeing a continuation of Wednesday’s late selloff. Canola was not included in interim rules on biofuel feedstock guidelines from the United States Department of Agriculture, which raised concerns over demand from the U.S. biodiesel sector and […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are weaker Thursday in heavy activity that’s seen  the March canola contract fall well below its major moving averages. It appears canola is now excluded from the latest changes the United States Department of the Treasury made to the Section 45Z biofuel tax […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Wednesday, retreating from earlier gains in the final hour of trade. Canola had been trading within a few dollars of unchanged for most of the session before turning sharply lower in sympathy with Chicago soyoil. Traders were unsure what may […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains at midday Wednesday, as uncertainty over possible tariffs in the United States countered support from gains in soyoil. The U.S. is the primary destination for Canadian canola oil exports, and the 25 per cent tariffs threatened by incoming […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures dipped Wednesday morning in choppy trading. Small losses in Chicago soyoil, European rapeseed and Malaysian palm oil helped to push canola lower. However, gains in Chicago soybeans and soymeal as well as crude oil underpinned the vegetable oils. Canola’s March contract held above […] Read more