Futures

Intercontinental Exchange canola futures were mostly higher on Friday, with gains in the upfront contracts as the more deferred positions edged lower. Support for canola came from another round of sharp increases in Malaysian palm oil along with modest upticks in European rapeseed. The Chicago soy complex failed to hang on to earlier gains, finishing […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are mixed in choppy trading as earlier gains faded and the Chicago soy complex turned lower. Support for canola was coming from sharp hikes in Malaysian palm along with more modest gains in European rapeseed. Increases in crude oil have scaled back from […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise Friday morning, gleaning support from gains in comparable oils. Malaysian palm oil ended the week with another day of sharp increases, hitting fresh contracts highs. Upticks in the Chicago soy complex and European rapeseed also spilled over into canola. […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, settling at its highest levels in two months as speculative short-covering provided support. Malaysian palm oil futures touched fresh contract highs in overnight activity, with European rapeseed and Chicago soyoil also stronger. However, losses in soybeans put some […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, testing major chart resistance as gains in crude oil and world vegetable oil markets provided support. Malaysian palm oil futures touched fresh contract highs in overnight activity, with European rapeseed and Chicago soyoil also stronger. However, […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to move upwards on Thursday morning, but gains were limited by weakness in comparable oils. While Chicago soyoil was higher, European rapeseed and Malaysian palm oil were lower. Crude oil rose sharply yet again due to ongoing tensions in the Middle East. The Canadian dollar […] Read more

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Thursday morning, due to more increases for its United States counterpart and despite another round of gains for crude oil. As of 8:37 am CDT, the loonie was at US$0.7390 or US$1=C$1.3535 compared to Wednesday’s close of US$0.7412 or US$1=C$1.3491. On the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Wednesday, nearing major chart resistance as gains in outside vegetable oil markets provided support. An overnight rally in Malaysian palm oil to contract highs lent support to the world vegetable oil markets. The escalating conflict in the Middle East […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was posting small gains in the most active months at midday Wednesday, although activity was choppy and values were well off their session highs. The November contract traded just shy of C$620 per tonne earlier in the session, but farmer selling […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made gains on Wednesday morning, supported by sharp rises in comparable oils. Chicago soyoil and Malaysian palm oil showed plenty of strength, while European rapeseed was mostly lower. Crude oil was up more than US$2 per barrel due to ongoing tensions in the Middle East. The […] Read more