Futures

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was posting solid gains at midday Tuesday, as optimism over thawing trade relations with China provided support. China’s ambassador to Canada told reporters via translator over the Thanksgiving weekend that if Canada removed its tariffs on Chinese electric vehicles China would remove its own levies on Canadian […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making small gains but the momentum could be short-lived. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil was down US$1 per barrel as Israel and Hamas approach a ceasefire. The Canadian dollar was down three-tenths of a United States cent compared […] Read more

Reading Time: 2 minutes Negative sentiment generates losses in U.S. grains, oilseeds By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed weaker on Friday, pulled down by sharp losses in the Chicago soy complex and crude oil. More modest declines in MATIF rapeseed and Malaysian palm oil also contributed to the fall in canola values. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were weaker by late Friday morning, as pressure from the Chicago soy complex intensified. Losses in MATIF rapeseed and Malaysian palm oil added to canola’s declines. A drop in crude oil pulled down the vegetable oils. “There’s a general negative sentiment […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was weaker Friday morning, taking some direction from losses in the Chicago soy complex. Losses in crude oil accounted for some of the spillover selling pressure in the vegetable oil markets, with Malaysian palm oil and European rapeseed futures also down on the day. The ongoing lack of […] Read more

Reading Time: 3 minutes U.S. soy, corn down, while wheat is mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were mostly a pinch lower on Thursday, after a good amount of choppy trading. Only the January contract managed to finish higher. Losses in the Chicago soy complex weighed on canola values, with upticks in […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise late Thursday morning on what a trader called a “nothing day” as prices had been shifting to either side of unchanged. The trader said canola had a bit of a run-up this week and the market had […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was trading to both sides of unchanged in choppy activity Thursday morning, with the bias turning to the downside. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure, while European rapeseed and Malaysian palm oil were both higher. The canola harvest is in its final […] Read more

Reading Time: 2 minutes Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,” […] Read more