Futures

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was turning higher at midday Friday, recovering from earlier losses in choppy trade. An overnight rally to fresh contract highs in Malaysian palm oil provided underlying support, with European rapeseed also up on the day. However, Chicago soyoil was slightly lower, […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell back Friday morning in a corrective move. Speculation of possible Chinese tariffs on Canadian canola as well as those that could be imposed in 2025 by the Trump administration loomed over the market. As losses in crude oil weighed on vegetable oil […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market saw a continuation of Wednesday’s rally on Thursday, hitting its highest levels in three-and-a-half months. Spillover from outside markets contributed to the gains, with Malaysian palm oil, Chicago soyoil and European rapeseed all rising sharply on the day. Solid export demand and […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, seeing a continuation of Wednesday’s rally as gains in outside markets provided support. Malaysian palm oil hit fresh contract highs while Chicago soyoil and European rapeseed futures were also stronger. Ideas that Canada’s canola production was likely well […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Thursday morning, despite spillover from increases in the Chicago soy complex. Gains in European rapeseed and Malaysian palm oil also lent support to canola. Crude oil was moderately lower, putting pressure on the vegetable oils. The January canola contract returned […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market climbed higher on Wednesday, boosted by weakness in the Canadian dollar and gains in outside markets. The United States dollar was sharply higher in reaction to the re-election of Donald Trump, with the resulting weakness in the Canadian dollar boosting crush […] Read more

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was stronger at midday Wednesday, taking back Tuesday’s losses as gains in outside markets provided support. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all stronger, with palm oil at fresh contract highs. Weakness in the Canadian dollar, which was down by […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures moved higher on Wednesday morning despite losses in the Chicago soy complex. The complex moved lower with the re-election of United States President Donald Trump, who indicated he will impose tariffs on a variety of goods in 2025. Sharp declines in crude oil […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, taking some direction from outside markets. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower in overnight activity. Speculative profit-taking was said to be behind the selling in palm oil that spilled into […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, due to sharp declines in Malaysian palm oil and more moderate losses in European rapeseed. However, gains in Chicago soybeans and soyoil tempered further declines. Crude oil was slightly higher, lending some support to the vegetable oils. There […] Read more