Markets

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, seeing a continuation of Thursday’s rally. Speculative positioning ahead of the weekend and end-user bargain hunting provided some support. Gains in European rapeseed also underpinned canola, although losses in Chicago soybeans and soyoil tempered the upside for […] Read more

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made small gains on Friday morning despite negative sentiment in comparable oils. While European rapeseed was higher, Chicago soyoil and Malaysian palm oil were lower. Crude oil was also down due to forecasts showing weaker demand. The Canadian dollar was steady compared to Thursday’s close. Approximately […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, recovering from overnight declines to take back all its losses from earlier in the week. Gains in Chicago soyoil and European rapeseed futures provided spillover support, with the move back above C$600 per tonne in the November contract […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, recovering from overnight losses as gains in Chicago soyoil provided spillover support. A trader said the canola had no real direction but was “oscillating back and forth” as speculative fund traders adjusted positions. End-user bargain hunting, […] Read more