Futures

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures fell back late Wednesday morning, erasing yesterday’s gains. A trader said the threat of rain for next week was pressuring canola. This comes after dryness across most of the Prairies pushed canola higher, along with tight old crop supplies which still hover […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower Wednesday morning, taking back some of Tuesday’s gains. The largest losses were in the old crop July contract, as the old/new crop spread narrowed in. Losses in Chicago soybeans accounted for some spillover selling pressure, with European rapeseed also down on the day. […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday due to bullish chart signals. The July contract remained handily above its major moving averages. Tighter old crop supplies continued to underpin canola as did concerns over increasing dryness across much of the Prairies. Support for canola also […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Tuesday, as bullish chart signals and gains in outside markets provided support. Fresh optimism over a possible announcement on renewable fuel blending obligations in the United States this week underpinned the Chicago soy complex, which contributed to […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Tuesday morning, as activity resumed in the United States markets after the Memorial Day long weekend. Gains in Chicago soyoil and soybeans provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Bullish chart signals contributed to the […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures could not retain their gains on Monday, due to a lack of support from comparable oils. In particular, the Chicago soy complex as the United States markets are closed for Memorial Day. Trading is set to resume this evening at 7 CDT. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media| MarketsFarm – Intercontinental Exchange canola futures continued higher late Monday morning, extending the gains made on Friday. However, activity is light given the United States markets are closed for Memorial Day. Trading is set to resume this evening at 7 CDT. An analyst said canola is up today for […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small gains Monday morning, although activity was thin and choppy with markets in the United States closed for Memorial Day. Chart-based positioning contributed to the gains, with speculators sitting on a large net long position in the oilseed. Tightening supplies and the need […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange ended the week on a positive note with the July contract surpassing the psychological C$720 per tonne level. However, gains were capped by a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was down. Crude oil also made […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were moderately higher in the middle of Friday trading. The old crop July contract saw the largest increase as it surpassed the psychological level of C$720 per tonne. Chicago soyoil held firm while Malaysian palm oil was up and European rapeseed was down. Crude oil was slightly higher […] Read more