Markets

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Tuesday, as bullish chart signals and gains in outside markets provided support. Fresh optimism over a possible announcement on renewable fuel blending obligations in the United States this week underpinned the Chicago soy complex, which contributed to […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Tuesday morning, as activity resumed in the United States markets after the Memorial Day long weekend. Gains in Chicago soyoil and soybeans provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Bullish chart signals contributed to the […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures could not retain their gains on Monday, due to a lack of support from comparable oils. In particular, the Chicago soy complex as the United States markets are closed for Memorial Day. Trading is set to resume this evening at 7 CDT. […] Read more

By Glen Hallick Glacier Farm Media| MarketsFarm – Intercontinental Exchange canola futures continued higher late Monday morning, extending the gains made on Friday. However, activity is light given the United States markets are closed for Memorial Day. Trading is set to resume this evening at 7 CDT. An analyst said canola is up today for […] Read more

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains Monday morning, although activity was thin and choppy with markets in the United States closed for Memorial Day. Chart-based positioning contributed to the gains, with speculators sitting on a large net long position in the oilseed. Tightening supplies and the need […] Read more