Futures

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher at midday Tuesday, however a Winnipeg-based trader said he’s unsure as to what’s supporting the increases. The trader suggested the gains might be due to the speculative funds, which he believes have a great deal of control over the […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, turning around from yesterday’s losses. There was support for canola coming from gains in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed. Upticks in crude oil added to the increases in the vegetable oils. The March […] Read more

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed weaker on Monday, as the oilseed continued to contend with ample supplies. A trader stressed the need for China to get back into Canada’s export market, stating Ottawa and Beijing need to resolve their trade differences. Declines in most vegetable oils added […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remained lower by mid-morning Monday, pulled down by this year’s record harvest. “There’s too much canola around,” a trader said, stressing the need for Canada to resolve its trade differences with China. The trader added that good weather in South America […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were pulling back on Monday morning, following other vegetable oils to the downside. There were declines in the Chicago soy complex, Malaysian palm oil and most MATIF rapeseed contracts. Strong increases in crude oil limited the losses in the veg oils. Statistics Canada […] Read more

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange entered the Christmas holidays in the red, pulled down by weaker comparable oils, a record harvest, lacklustre exports and a stronger Canadian dollar.      Earlier this month, Statistics Canada forecast a record canola crop of 21.80 million tonnes. However, due to China’s tariffs on Canadian canola […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were pulling back in the middle of Tuesday trading after seeing strong gains on Monday. Chicago soyoil and European rapeseed were also retreating while Malaysian palm oil was slightly higher. Crude oil was also in decline due to ample global supplies and despite Russian attacks on […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stepping back on Tuesday morning, following yesterday’s strong gains. Losses in Chicago soyoil and MATIF rapeseed pressured canola while support came from gains in Chicago soybeans and soymeal, as well as Malaysian palm oil. Ample canola supplies, lacklustre exports and the absence […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange finally found strength on Monday after a lengthy downturn that lasted for most of December. An analyst said canola’s bounce back may be the result of lighter trading going into the holiday season. Crude oil gained more than US$1 per barrel on Monday after the White […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were continuing to rebound in the middle of Monday trading after three weeks of steady declines. An analyst said canola’s sudden upswing may be the result of lighter trading heading into the holiday season. Chicago soyoil, European rapeseed and Malaysian palm oil were higher today. Crude […] Read more