Futures

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, taking some direction from the Chicago soy complex. Chart-based positioning was a feature, with canola due for a correction after rising the previous four sessions. Losses in European rapeseed also weighed on values, although canola remains underpriced […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market underwent a correction on Wednesday morning to go with mixed sentiment in comparable oils. Chicago soyoil and European rapeseed were in negative territory, while Malaysian palm oil was slightly higher. Crude oil was also on the upside with OPEC+ planning to maintain its supply cuts until […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was up for the fourth session in a row on Tuesday, as gains in world vegetable oil markets provided support. Chicago soyoil recovered off nearby lows, while Malaysian palm oil hit fresh contract highs in overnight trade. European rapeseed was also stronger, […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains midday Tuesday, although well off its session highs as Chicago soyoil backed away from its own increases. January canola hit a session high of C$596.30 per tonne but was about C$10 off that level by midsession. Malaysian […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made double-digit gains on Tuesday morning, supported by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Crude oil was up US$1 per barrel after OPEC+ announced it will extend its supply cuts to March. The Canadian dollar was […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, recovering from overnight losses to see a continuation of last week’s correction off nearby lows. Tightening supply projections and solid end user demand remained supportive from a fundamental standpoint. Statistics Canada releases updated production estimates on Thursday Dec. […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains at midday Monday, seeing a continuation of last week’s correction off nearby lows. “The fundamentals on canola look good,” said an analyst pointing to tightening supply projections and solid end user demand. Statistics Canada releases updated production […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small declines on Monday morning, capped by a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were both lower to start the day. However, crude oil was higher due to a stronger economy in China and a tenuous ceasefire between Israel […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures managed to hang on to small gains in most months on Friday after stepping away from larger increases earlier in the session. Support for the Canadian oilseed came from strong upswings in Chicago soyoil, European rapeseed and Malaysian palm oil. Declines in […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher late Friday morning, boosted by strong gains in Chicago soyoil, Malaysian palm oil and European rapeseed. Additional support came from increases in Chicago soybeans, but soymeal was lower. Slight upticks in crude oil spilled over into to the vegetable oils. “We […] Read more