Futures

Reading Time: < 1 minute Glacier FarmMedia – Friday was first notice day for March futures contracts on the Chicago Board of Trade. WHEAT prices rose by at least 15 United States cents per bushel on Friday, with the Chicago soft and Minneapolis spring varieties achieving multi-month highs. Warm temperatures and high winds in the U.S. Plains and Midwest regions […] Read more

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in negative territory on Friday despite rising comparable oils. Chicago soyoil was up slightly with an analyst saying any time it is between 60 to 65 United States cents per pound was “a bonus.” European rapeseed was mostly higher and Malaysian palm oil was up […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were negative in the middle of Friday trading with the Chicago soy complex pulling back. Although Chicago soyoil was down slightly, an analyst said any time its value is between 60 to 65 U.S. cents per pound is “a bonus.” European rapeseed was mixed and Malaysian […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned around to pull back on Friday morning, after posting gains in the overnight session. China announced it’s suspending its 100 per cent tariff on imports of Canadian agricultural products effective March 1. This is part of a trade deal Canada struck with […] Read more

Reading Time: 2 minutes Glacier FarmMedia – SOYBEANS turned lower on Thursday after a week of lighter export sales for the United States crop. Lunar New Year celebrations reduced exports to China. The U.S. Department of Agriculture reported soybean export sales at 407,100 tonnes for the week ended Feb. 19, at the lower end of trade expectations, down 49 […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Despite up-and-down trade throughout the day, canola futures on the Intercontinental Exchange closed higher on Thursday after receiving support from comparable oils. Chicago soyoil and European rapeseed were up, while Malaysian palm oil was down. However, Chicago soybeans and soymeal were in the red. Crude oil made gains amidst tensions between the […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were showing small gains in the middle of Thursday trading, receiving support from comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Chicago soybeans and soymeal also turned negative. Crude oil gained more than US$1 per barrel amid growing tensions […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mostly higher on Thursday morning, underpinned by gains in the Chicago soy complex and MATIF rapeseed. Declines in Malaysian palm oil tempered the upswing in canola, while lower crude oil weighed on the vegetable oils. The May canola contract remained well above […] Read more

Reading Time: 2 minutes Glacier FarmMedia – WHEAT prices were mostly lower on Wednesday as precipitation is expected for parts of the southern United States Plains in the coming days. Parts of soft red winter wheat growing areas will see rain ranging from scattered showers to 50 millimetres over the next week. Prior to Thursday’s United States Department of […] Read more

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Wednesday, amidst lower comparable oil prices and a stronger Canadian dollar. Chicago soyoil ended the day higher despite trading lower for most of the session. An analyst said the rallies for canola and soyoil will eventually run out of steam. European rapeseed and […] Read more