Markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market held onto small gains at Friday’s close, finishing well off its highs for the session as a downturn in the Chicago soy complex weighed on prices. Speculative short covering and solid end-user demand underpinned the canola market, with the November contract trading […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midday Friday, with chart-based buying and spillover from outside markets underpinning values ahead of monthly supply/demand data from the United States. The U.S. Department of Agriculture releases its monthly supply/demand report at 11:00 CDT, with any […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, as chart-based positioning and gains in outside markets provided support. Malaysian palm oil, European rapeseed and Chicago soyoil futures were all higher on the day. The November canola contract was trading above its 100-day moving average, bringing […] Read more

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was mixed at Thursday’s close, with losses in the front months and gains in the more deferred positions. November canola ran into resistance around C$620 per tonne for the second session in a row, settling well below that chart point. Seasonal harvest […] Read more

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly weaker at midday Thursday, backing away from earlier advances in choppy trade. Chart-based positioning was originally supportive, but the nearby November contract ran into resistance around C$620 per tonne for the second session in a row. Gains in Chicago soyoil […] Read more