Futures

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed out Friday on a positive note after bouncing either side of unchanged. Canola continued to ride the market’s generally positive attitude toward last week’s Canada-China agreement on reducing tariffs. There was also spillover from gains in MATIF rapeseed and the Chicago soy complex. However, […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures were struggling to hang on to their gains on the Intercontinental Exchange in choppy trading late Friday morning. This was despite support from increases in the Chicago soy complex and MATIF rapeseed. While Malaysian palm oil closed lower on Friday, a strong upswing in crude oil spilled […] Read more

Reading Time: < 1 minute WINNIPEG–ICE canola futures posting small gains Friday morning, continuing their steady uptrend. Gains in Chicago soyoil provided spillover support, with that market at its highest levels in five months. Soybeans and European rapeseed futures were also higher, although Malaysian palm oil was lower. Canada exported 288,200 tonnes of canola during the week ended Jan. 18, […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Wednesday, riding the spillover from sharp increases in Chicago soybeans and soyoil. There was additional support from gains in MATIF rapeseed and Malaysian palm oil. Also, canola continued to benefit from Friday’s Canada-China trade deal and news that China bought 60,000 tonnes […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, finding spillover support from gains in outside markets. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were higher. The reduction of Chinese tariffs on Canadian canola announced last week remained supportive. March canola was trading above most of its major moving averages, […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar moved higher on Tuesday as its United States counterpart fell back.          The loonie settled at US$0.7231 or US$1=C$1.3829, compared to US$0.7210 or US$1=C$1.3870 on Monday. The U.S. Dollar Index dropped 0.81 of a point at 98.59.      Nearby crude oil prices were mixed after a fire broke out […] Read more