Futures

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Tuesday, as traders took profits after recent gains. The March contract held above its 200-day moving average, with the former resistance level now providing support at around C$640 per tonne. Gains in Chicago soyoil and a steady tone in European […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small losses at midday Tuesday, seeing some consolidation after climbing higher the previous two sessions. The March contract was holding above its 200-day moving average, with the former resistance level now providing support at around C$640 per tonne. Gains in […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, continuing the losses from the overnight session. Declines in the Chicago soy complex and Malaysian palm oil weighed on canola values while European rapeseed was mixed. Crude oil prices stepped back, putting pressure on the vegetable oils. The […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, seeing a continuation of Friday’s rally as ongoing gains in the Chicago soy complex provided spillover support. March canola surpassed its 200-day moving average on Friday and held above that key chart point on Monday, which was supportive […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains at midday Monday, although it was lagging the Chicago soy complex to the upside. March canola climbed above its 200-day moving average on Friday and was holding above that key chart point on Monday, which was supportive from […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were slightly higher on Monday morning, tempting to add to their overnight increases. As spillover came from gains in crude oil, additional support came from upticks in the Chicago soy complex and Malaysian palm oil. But canola’s increases were tempered by losses in […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market sharply rose on Friday, fueled by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all made large gains. Crude oil surged more than US$1.50 per barrel due to sanctions to be imposed on Russian oil. The Canadian Grain Commission reported canola exports for the […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market sharply rose on Friday, fueled by comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all saw large gains. Crude oil also surged more than US$1 per barrel due to sanctions to be imposed on Russian oil. The Canadian Grain Commission reported canola exports […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, hitting its highest levels in over a month as rallies in crude oil and Chicago soyoil provided spillover support. European rapeseed and Malaysian palm oil futures were also stronger on the day. The United States Department of […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower on Thursday despite mostly positive sentiment in comparable oils. Chicago soyoil and European rapeseed were higher while Malaysian palm oil was down. Crude oil made gains as demand for heating fuel outweighed growing United States stockpiles. One analyst said despite canola’s declines, Chicago soyoil […] Read more