Markets

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Thursday morning, seeing some follow-through selling after Wednesday’s downturn. Losses in Chicago soybeans and soyoil added to the bearish tone, with European rapeseed and Malaysian palm oil also lower on the day. The old crop July contract was testing its 20-day moving average […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday due to rain in next week’s Prairie weather forecast. The much-needed moisture is to help alleviate dry conditions throughout most of the region. Today’s losses wiped out all of Tuesday’s increases and a little bit more. Additional pressure […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures fell back late Wednesday morning, erasing yesterday’s gains. A trader said the threat of rain for next week was pressuring canola. This comes after dryness across most of the Prairies pushed canola higher, along with tight old crop supplies which still hover […] Read more