Futures

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made double-digit gains on Tuesday morning, supported by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Crude oil was up US$1 per barrel after OPEC+ announced it will extend its supply cuts to March. The Canadian dollar was […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, recovering from overnight losses to see a continuation of last week’s correction off nearby lows. Tightening supply projections and solid end user demand remained supportive from a fundamental standpoint. Statistics Canada releases updated production estimates on Thursday Dec. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains at midday Monday, seeing a continuation of last week’s correction off nearby lows. “The fundamentals on canola look good,” said an analyst pointing to tightening supply projections and solid end user demand. Statistics Canada releases updated production […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small declines on Monday morning, capped by a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were both lower to start the day. However, crude oil was higher due to a stronger economy in China and a tenuous ceasefire between Israel […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures managed to hang on to small gains in most months on Friday after stepping away from larger increases earlier in the session. Support for the Canadian oilseed came from strong upswings in Chicago soyoil, European rapeseed and Malaysian palm oil. Declines in […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher late Friday morning, boosted by strong gains in Chicago soyoil, Malaysian palm oil and European rapeseed. Additional support came from increases in Chicago soybeans, but soymeal was lower. Slight upticks in crude oil spilled over into to the vegetable oils. “We […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, seeing a continuation of Thursday’s corrective bounce. Gains in Chicago soyoil as activity resumed in the United States for a holiday-shortened session were also supportive. U.S. markets were closed for Thanksgiving on Thursday, with many participants keeping […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday amid lighter activity. Support for canola came from gains in European rapeseed and Malaysian palm oil. Slight upticks in crude oil lent some spillover to the vegetable oils. Thursday’s increases in canola were tempered by the ongoing threat […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger by late Thursday morning, attempting to recover from sharp losses this week generated by the threat of tariffs made by the incoming Trump administration. An analyst stressed the “need to keep calm” in front of United States President-elect Donald Trump. He […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding near unchanged Thursday morning in thin and choppy activity with markets in the United States closed for Thanksgiving. U.S. markets will only open for reduced hours on Friday, and the lack of direction from the soy complex had the canola […] Read more