Markets

Intercontinental Exchange canola futures closed lower on Wednesday, settling off of session lows. An analyst said fund selling along with some farmer selling have been pushing down canola prices. He added farmers at this time are largely cash-adequate, not needing to part with their canola. The analyst also raised concerns about the tariff policies of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were sharply lower at midday Wednesday amid a selloff “Canola has been diving lower on fund selling and a little bit of farmer selling,” commented analyst Wayne Palmer of Exceed Grain in Winnipeg, noting the farmers are largely cash-adequate at this time. “But […] Read more

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market declined further on Tuesday, following the lead of comparable oils. Chicago soyoil and Malaysian palm oil were lower to start the day, while crude oil also dropped on fears of a surplus. Meanwhile, European rapeseed was mixed. The Canadian dollar was down more than one-tenth […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday but came away from much larger declines. Trading resumed following Remembrance Day. Pressure on the Canadian oilseed came from sharp losses in the Chicago soy complex, as well as decreases in European rapeseed and Malaysian palm oil. Small […] Read more