Futures

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were up sharply at midsession Monday, most likely due to the speculative funds liquidating their short positions according to an analyst. The November canola contract has well exceeded its resistance level of C$650 per tonne with the next level believed to be around […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its rally on Monday, receiving support from comparable oils as well as hot and dry temperatures. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher on Monday morning. However, crude oil was lower, partially due to economic uncertainty in China. The Canadian dollar was […] Read more

Reading Time: 2 minutes WINNIPEG — The ICE Futures canola market saw early gains fade into the red on Friday despite persistent hot and dry weather on the Prairies. One trader said declining crush margins and negative outlooks for the Chicago soy complex are pressuring canola prices. Chicago soyoil and Malaysian palm oil were higher, but European rapeseed was […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market saw early gains fade into the red on Friday despite persistent hot and dry weather on the Prairies. One trader said declining crush margins and negative outlooks for the Chicago soy complex are pressuring canola prices. Chicago soyoil, European rapeseed and Malaysian palm oil were in […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to add to their gains on Friday morning, as a Prairie heatwave poses a threat to the crop. That saw the November contract break above its resistance level of C$650 per tonne. A good amount of canola in the western half of […] Read more

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm — The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. European rapeseed sharply rose and gains in Chicago soyoil supported canola prices. Higher […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. He added that lagging soybean prices could put pressure on the oilseed. Chicago […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday morning, with the November contract within striking distance of its resistance level of C$650 per tonne. While there were upticks in Chicago soyoil, soybeans were lower, and soymeal was mixed. Additional support for canola came from upticks in European […] Read more

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm — The ICE Futures canola market extended its rally on Wednesday courtesy of rising prices for most comparable oils. European rapeseed and Malaysian palm oil were up while crude oil was stronger due to weakness in the United States dollar and a drawdown in stockpiles. However, Chicago soyoil was slightly lower. At […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market extended its rally on Wednesday courtesy of rising prices for most comparable oils. European rapeseed and Malaysian palm oil were up while crude oil was stronger due to weakness in the United States dollar and a drawdown in stockpiles. However, Chicago soyoil was slightly lower. The Canadian […] Read more