Futures

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market traded to both sides of unchanged Wednesday morning, seeing some consolidation after dropping sharply lower on Tuesday. Yesterday’s selloff was bearish from a chart standpoint, encouraging some additional speculative selling overnight. However, support was also uncovered to the downside, with the market participants […] Read more

Reading Time: 3 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell hard on Tuesday, getting pressure from declines in comparable oils. A trader emphasized that canola has turned weaker due largely to sharp losses in Chicago soyoil. He said there’s been reduced demand for soyoil from the biofuel sector. Added to that […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were weaker at mid-session Tuesday, due to declines in comparable oils. “We got a sharp break in [soyoil],” a trader commented, noted the commodity has been prone to pullbacks recently. He said those losses in soyoil are a result of reduced demand from […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Tuesday morning, as sharp losses in outside vegetable oil markets spilled over to weigh on prices. Chicago soyoil futures fell to fresh contract lows, hitting their weakest levels in three years as heavy deliveries against the May contract weighed on the […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Monday, unable to hang on to earlier gains. There was too much pressure from sharp declines in Chicago soyoil, which couldn’t be compensated by upticks in European rapeseed as well as Chicago soybeans and soymeal. Despite fading, Malaysian palm […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at mid-session Monday, with mixed support from comparable oils. “Canola is up for once,” an analyst commented, noting that the oilseed could lose ground. There were gains in European rapeseed and Malaysian palm oil, with additional support from upticks in Chicago […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Monday morning, with chart-based positioning a feature. The July contract was trading back above its 20- and 100-day moving averages after dipping below those technical indicators late last week. Strength in the Chicago soy complex provided spillover support, with European rapeseed […] Read more

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower on Friday, despite some positive sentiment in comparable oils. European rapeseed was mostly higher, Malaysian palm oil was mixed and Chicago soyoil and crude oil saw minimal gains. Today was the last day for May trading options. The Canadian dollar was up more than […] Read more

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market appeared tentative on Friday, with little change in prices along with those in comparable oils. European rapeseed was higher, Malaysian palm oil was mixed while Chicago soyoil and crude oil saw minimal gains. Today is the last day for May trading options. The Canadian dollar was […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures shed overnight losses Friday morning, turning higher with support from other vegetable oils. As modest increases in global crude oil prices spilled over into the veg oils, there were upticks in Chicago soyoil, Malaysian palm oil, and European rapeseed. But pressure on canola […] Read more