Futures

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday in an attempt to restart its upward trend. Export demand, especially that from China is believed to be behind the increases as there are concerns there might not be enough canola available for export. The trade leans towards […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at midday Thursday, although they stepped back from larger increases earlier. An analyst stated few in the trade believe Canadian canola production for 2024/25 will reach the 18.98 million tonnes estimated by Statistics Canada. He estimated the crop could be as […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market moved up by double-digits in nearby contracts Thursday morning, strengthened by comparable oils. Malaysian palm oil saw large gains, while Chicago soyoil was up by more than one United States cent per pound. European rapeseed and crude oil also moved higher. The Canadian dollar was […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished narrowly mixed on Wednesday, as choppy trading pushed the oilseed to either side of unchanged. That brought to a halt the latest rally in canola, but a trader said buyers remain eager to purchase it. He said they are concerned that […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly higher in choppy trading at midday Wednesday, after posting losses earlier. A broker said support for the Canadian oilseed comes from market concerns about the country’s canola crop being smaller than the 18.98 million tonnes projected by Statistics Canada. The federal […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market made small gains on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was down. Crude oil also pulled back due to larger United States stockpiles. The Canadian dollar was down less than one-tenth of a U.S. […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Tuesday, with the Canadian oilseed pulled along by increases in comparable oils. Gains in Malaysian palm oil and European rapeseed brought them close or at new contract highs. The Chicago soy complex climbed higher, with significant upticks in soyoil. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to gain strength at midday Tuesday, gleaning support from increases in comparable oils. Malaysian palm oil was setting new contract highs and European rapeseed were approaching its own highs. As well, upswings in the Chicago soy complex were spilling over into canola […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its momentum on Tuesday morning, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the day. Crude oil was also up. The Canadian dollar increased less than one-tenth of a United States cent compared to […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday, benefitting from spillover from gains in the Chicago soy complex, Malaysian palm oil and European rapeseed. Upticks in crude oil lent support the vegetable oils. An analyst said that if Canada’s canola exports remain on their current pace, […] Read more