Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were falling back on Wednesday morning, pulled down in part by profit-taking, a trader said. The trader also pointed to the weakness in the Chicago soy complex weighing on canola values. Also, declines in MATIF rapeseed and Malaysian palm oil were pressuring the […] Read more

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, backing away from nearby highs as speculators booked profits. Losses in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed and Malaysian palm oil futures also lower on the day. A lack of significant export demand contributed to the declines, as […] Read more

Sale to China has little effect on U.S. prices By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures bumped up on Tuesday, largely due to a lack of farmer selling. A trader said growers are presently more interested in selling their wheat and waiting to see if Canada and China reach a […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued upward on Tuesday morning, as a trader pointed to a lack of farmer selling of the oilseed. “In most years they’re selling canola to pay the bills. This isn’t one of them,” the trader said. “They’re selling wheat and they got a […] Read more