Futures

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange found their way back to positive territory on Tuesday morning after retreating on Monday. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil also made gains after a severe winter storm last weekend disrupted oil output in the United […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Monday, as the multi-day rally likely ran out of steam, said an analyst. The analyst said the technicals largely propelled the rally with the funds taking it as far as they could. Also, the increases were to entice reluctant farmers to sell […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower late Monday morning, with one analyst pessimistic about what he believes is likely to happen. “We’ve had a great technical rally because the farmer is not selling,” the analyst said. “He’s thinking that because of Chinese purchases, they’re going to keep […] Read more

Reading Time: < 1 minute Glacier FarmMedia — Canola futures on the Intercontinental Exchange showed minimal losses on Monday morning as strength in the loonie and weaker crude oil prices outweighed increases in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil showed gains. However, crude oil was down as production is set to resume at a Kazakhstani oil […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed out Friday on a positive note after bouncing either side of unchanged. Canola continued to ride the market’s generally positive attitude toward last week’s Canada-China agreement on reducing tariffs. There was also spillover from gains in MATIF rapeseed and the Chicago soy complex. However, […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures were struggling to hang on to their gains on the Intercontinental Exchange in choppy trading late Friday morning. This was despite support from increases in the Chicago soy complex and MATIF rapeseed. While Malaysian palm oil closed lower on Friday, a strong upswing in crude oil spilled […] Read more

Reading Time: < 1 minute WINNIPEG–ICE canola futures posting small gains Friday morning, continuing their steady uptrend. Gains in Chicago soyoil provided spillover support, with that market at its highest levels in five months. Soybeans and European rapeseed futures were also higher, although Malaysian palm oil was lower. Canada exported 288,200 tonnes of canola during the week ended Jan. 18, […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values. […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the […] Read more