Markets

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed higher on Wednesday, after a bout of choppy trading. Canola increased as Chicago soyoil found traction later in today’s session. However, declines in MATIF rapeseed and Malaysian palm oil capped the upside in the Canadian oilseed. Crude oil was trading steady to lower, after […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were narrowly mixed Wednesday morning in choppy trading. A trader said it’s very hard to get a bead on what’s happening with canola and other commodities as things change “minute to minute and hour by hour” due to the war in the Middle […] Read more

     Glacier FarmMedia — ICE canola futures were narrowly mixed Wednesday morning, seeing some consolidation after climbing higher earlier in the week. Energy markets were also stabilizing on Wednesday after their initial bullish reaction to the escalating conflict in the Middle East. Chicago soyoil, European rapeseed and Malaysian palm oil futures were mostly lower Wednesday […] Read more

SOYBEAN futures at the Chicago Board of Trade were higher on Tuesday, as the conflict between the United States and Iran continued to drive up crude oil prices and cause market volatility. In Monday’s fats and oils report from the U.S. Department of Agriculture, January soyoil stocks of 2.43 billion pounds expanded by nearly 34 […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger for a second day on Tuesday, propelled higher by the upswing in crude oil. Air strikes against oil facilities in the Middle East and the de facto closure of the Strait of Hormuz pushed crude up sharply for another session. That generated increases […] Read more