Markets

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, as it continued bounce around within a sideways trading range. Canola “has been stalled in a range for some time now,” said a trader. Losses in Chicago soyoil accounted for some spillover weakness in canola, but Malaysian […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, pressured by losses in comparable oils. There were declines in Chicago soybeans and soyoil, but slight increases in soymeal. Malaysian palm oil was relatively steady while European rapeseed was mixed. Crude oil was slightly lower, adding more weight […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market settled with small gains in the most active contracts on Monday, recovering from earlier losses after finding chart support. The January contract dipped below its 20-day moving average in early activity but settled just above that technical point. Chicago soyoil was also weaker […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, taking some direction from outside vegetable oil markets. Chicago soyoil and Malaysian palm oil futures were both lower to start the week, although European rapeseed was mixed. The January canola contract dipped below its 20-day moving average, […] Read more