Futures

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly higher at midday Monday, as earlier double-digit increases faded. Although support for canola was coming from gains in the Chicago soy complex, increases for soyoil had weakened. While there were gains in Malaysian palm oil, European rapeseed was mixed. Moderate upticks […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was higher on Monday morning supported by gains in comparable oils. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher. Crude oil rose another US$1 per barrel due to tensions between Israel and Iran. The Canadian dollar was down more than one-tenth […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market held onto small gains in the most active months on Friday, as speculative positioning and end-user bargain hunting provided support ahead of the weekend. Gains in European rapeseed also underpinned canola, although losses in Chicago soybeans and soyoil tempered the upside for […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, seeing a continuation of Thursday’s rally. Speculative positioning ahead of the weekend and end-user bargain hunting provided some support. Gains in European rapeseed also underpinned canola, although losses in Chicago soybeans and soyoil tempered the upside for […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made small gains on Friday morning despite negative sentiment in comparable oils. While European rapeseed was higher, Chicago soyoil and Malaysian palm oil were lower. Crude oil was also down due to forecasts showing weaker demand. The Canadian dollar was steady compared to Thursday’s close. Approximately […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, recovering from overnight declines to take back all its losses from earlier in the week. Gains in Chicago soyoil and European rapeseed futures provided spillover support, with the move back above C$600 per tonne in the November contract […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, recovering from overnight losses as gains in Chicago soyoil provided spillover support. A trader said the canola had no real direction but was “oscillating back and forth” as speculative fund traders adjusted positions. End-user bargain hunting, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down slightly on Thursday morning amidst little direction in comparable oils. Chicago soyoil was higher, European rapeseed was steady to higher and Malaysian palm oil was lower. Crude oil was mostly unchanged. The Canadian dollar was down less than one-tenth of a United States cent […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market held onto small gains at Wednesday’s close but finished well off its session highs. Speculative positioning and end-user bargain hunting provided some early support for canola. However, farmer selling came forward at the highs and values drifted back towards unchanged. The November […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Wednesday, taking back some of Tuesday’s losses amid ideas the downturn was overdone. End-user bargain hunting, as Canadian canola remains attractively priced compared to most other global oilseeds, contributed to the gains. The move back above C$600 per […] Read more