Futures

Glacier FarmMedia MarketsFarm – The ICE Futures canola market is seeing rising prices on Wednesday morning, deriving some strength from comparable oils. Chicago soyoil and European rapeseed are higher to start the day, while Malaysian palm oil is lower. Crude oil is up more than US$1 per barrel due to fewer United States stockpiles and the […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Tuesday, trading just above contract lows as losses in the Chicago soy complex and bearish technical signals weighed on values. The most-active November contract moved below its 20-day moving average, encouraging additional speculative selling. European rapeseed and Malaysian palm […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm  – The ICE Futures canola market was weaker at midday Tuesday, taking some direction from losses in the Chicago soy complex as contracts traded just above nearby lows. European rapeseed and Malaysian palm oil futures were also weaker on the day, although ideas that canola was looking cheap compared […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to move lower at the start of Tuesday trading. Chicago soyoil is up, but European rapeseed is down and Malaysian palm oil is mostly lower. Crude oil is also showing declines. China announced on Monday it has started an anti-dumping investigation into Canadian canola imports […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Monday, taking back most of Friday’s losses as speculative short covering and end-user bargain hunting provided support. Canadian canola is trading at a discount to most other oilseeds, which was thought to be bringing in some export buying interest. […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting solid gains at midday Monday, recovering most of Friday’s losses to start the week. Speculators covering short positions and end-user bargain hunting at the nearby lows contributed to the gains. With canola prices at a discount to European rapeseed and other […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the rise on Monday morning, finding support from gains in vegetable oils. Chicago soyoil and European rapeseed were higher to start the week, while Malaysian palm oil was lower. Crude oil was making small gains. Statistics Canada reported today that as of July 31, Canadian […] Read more

Intercontinental Exchange canola futures were weaker on Friday after seeing another round of sharp losses, as the China situation reared its head again. Earlier this week China said its planning an investigation into possible canola dumping by Canada. This announcement came after Canada hiked tariffs on electric vehicles imported from China, as imports of their […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures were down sharply by late Friday morning, as the China situation regained its dominance in the market. Earlier this week, China said it was planning an investigation into possible canola dumping by Canada, with the announcement sending futures spiraling downward. Added to that were […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting losses Friday morning, taking back all of Thursday’s gains amid ongoing concerns over a mounting trade dispute with China. After announcing plans to start an anti-dumping investigation into Canadian canola imports earlier this week, China said Friday that it was […] Read more