Futures

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Monday trading amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were up, while European rapeseed traded to either side of unchanged. Crude oil prices were down slightly. An analyst said a lack of export demand […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Monday morning, correcting from Friday’s gains. Although increases in the Chicago soy complex underpinned canola, Malaysian palm oil was relatively steady and MATIF rapeseed was sown slightly. Modest upticks in crude oil lent support to the vegetable oils. Despite canola’s […] Read more

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market was stronger on Friday, as chart-based positioning ahead of the weekend provided support. The January canola contract was back above its 20- and 50-day moving averages, which underpinned values from a chart standpoint. Gains in Chicago soybeans and soyoil provided spillover support, with European rapeseed also higher […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange made solid gains on Friday morning, supported by positive momentum from most comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Crude oil prices were up despite negative sentiment during the week. The Canadian dollar added one quarter of a […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures fell below nearby chart support on Thursday, as speculative profit-taking and spillover from losses in the Chicago soy complex weighed on values. The January canola contract was under its 20- and 50-day moving averages, hitting its lowest level in over a week which was bearish from a chart standpoint. […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, continuing its week-long pattern of moving up one day and down the next.      Steep losses in the Chicago soy complex accounted for much of the spillover selling pressure in canola, with European rapeseed also down on the day. However, Malaysian palm […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower on Thursday, following the lead of most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also pulled back after Saudi Arabia cut its main oil price to Asia to its lowest level in 11 […] Read more

Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures settled within 50 cents of unchanged in the most active months on Wednesday, lacking any clear direction as the market consolidated after seeing large price swings in recent sessions. Gains in the Chicago soy complex provided underlying support, as the markets in the United States reacted to news China […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was narrowly mixed at midday Wednesday, seeing some consolidation after the large price swings of recent sessions. Gains in Chicago soybeans and soyoil provided spillover support. European rapeseed and Malaysian palm oil futures were holding relatively steady. The January canola contract touched its 50-day moving average to […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday following losses on Tuesday. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also showed losses after reports of gains in United States stockpiles. The Canadian dollar lost more than one-tenth of a U.S. cent […] Read more