Markets

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures stepped back on Thursday morning, correcting from recent hikes. While there were declines in Chicago soyoil, the soybeans and soymeal were higher, along with gains in Malaysian palm oil and most European rapeseed contracts. Crude oil was relatively steady, offering little direction […] Read more

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange didn’t lose any momentum after being closed for Canada Day. They surged on Wednesday following the resumption of trade talks between Canada and the United States. An analyst also mentioned that dry conditions on the Prairies were also supportive, as well as rising prices […] Read more

Glacier FarmMedia | MarketsFarm – Multiple factors are extending canola’s rally on the Intercontinental Exchange mid-session Wednesday. An analyst said newfound optimism over Canada-United States trade is still underpinning prices, but also spillover from rising comparable oils and dry areas on the Prairies. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to go with […] Read more