Markets

     Glacier FarmMedia — ICE canola futures continued their upward climb Friday morning, as the escalating war in the Middle East kept crude oil rising. West Texas Intermediate crude oil gained roughly US$20 per barrel over the past week, or 30 per cent of its value, as the war in Iran spread across the Middle […] Read more

SOYBEAN futures at the Chicago Board of Trade were stronger on Thursday, as crude oil prices continued to increase significantly with spillover going into the vegetable oils. The United States Department of Agriculture issued its export sales report, showing old crop soybean sales of 383,500 tonnes for the week ended Feb. 26. Those were towards […] Read more

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were stronger on Thursday, as hikes in crude oil pulled the vegetable oil markets higher. As the ongoing conflict in the Middle East propelled the surge in crude oil, there were gains in Chicago soybeans and soyoil, plus MATIF rapeseed and Malaysian palm oil. Meanwhile, […] Read more

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were stronger late Thursday morning, riding the spillover from sharp gains in crude oil. Crude continued its rally as the Middle East war carried on. That saw increases in MATIF rapeseed and Malaysian palm oil. “The market is starting to understand how (the […] Read more

     Glacier FarmMedia — ICE canola futures were stronger Thursday morning, hitting their highest levels in seven months. The Iran war kept crude oil values climbing higher on Thursday, with that strength spilling into the vegetable oil markets. Gains in Chicago soyoil, Malaysian palm oil and European rapeseed futures were all contributing to the firmer […] Read more