Futures

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange tumbled as crude oil fell on Friday morning. One day after Israel and Lebanon reached a 10-day ceasefire, Iran announced that the Strait of Hormuz will be reopened for the remainder of the ceasefire. The announcement caused crude oil prices to drop between US$7 to US$9 […] Read more

Reading Time: 2 minutes SOYBEAN futures at the Chicago Board of Trade were lower on Thursday, but soyoil surged on war concerns and on yesterday’s crush report. Talks between the United States and Iran could resume this weekend, a top Pakistani mediator said. Iran is reportedly willing to extend the current ceasefire past its April 22 expiry. The U.S. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Thursday, guided by gains in Chicago soyoil, MATIF rapeseed and crude oil. Malaysian palm oil finished relatively steady and declines in Chicago soybeans and soymeal tempered canola’s upside. Jamie Wilton, a trader with R.J. O’Brien & Associates in Winnipeg, said the rolling […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were stronger mid-session Thursday, getting spillover from gains in Chicago soyoil and crude oil. “There’s a strong number for beanoil off of the crush report,” said Jamie Wilton, broker for R.J. O’Brien & Associates in Winnipeg. Although, the March soybean crush report in […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures maintained their positive momentum on the Intercontinental Exchange on Thursday morning. Chicago soyoil and European rapeseed made gains, while Malaysian palm oil was down. Crude oil advanced despite speculation the United States and Iran will resume negotiations to end the war in Iran sometime this week. The Canadian dollar was […] Read more

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, due to strong gains in crude oil earlier in the session. There were 226.16 million bushels of soybeans crushed in the United States during March, according to the National Oilseed Processors Association. Although that was short of the average trade guess of nearly […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures posted modest gains on Wednesday, despite ample spillover from a strong Chicago soy complex. The rolling out of the nearby May contract was also a major feature in today’s activity. Crude oil was now virtually unchanged, but it had been higher for most of Wednesday’s […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher by mid-session Wednesday, in what a trader called “a bit of wind in the sails from soyoil.” The trader said the “updraft” in crude oil was lending support to the vegetable oils. Along with gains in Chicago soy, there were increases […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday morning, while crude oil prices were mixed. United States President Donald Trump told the New York Post today that negotiations between his country and Iran will resume over the next two days, adding that the war was “almost over”. However, a […] Read more

Reading Time: 2 minutes SOYBEAN futures at the Chicago Board of Trade pulled back on Tuesday, following losses in crude oil. United States President Donald Trump said talks with Iran could resume later this week. Yesterday, the U.S. imposed a naval blockade of Iranian ports on Monday, however four vessels passed by without incident. The U.S. Department of Agriculture […] Read more