Futures

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were backing away from early gains at midday Friday, turning mixed as traders adjusted positions ahead of the weekend. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were stronger Friday morning, taking some direction from crude oil and Chicago soyoil. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time being. New measures to support farmers […] Read more

Reading Time: 2 minutes SOYBEAN futures at the Chicago Board of Trade were higher on Thursday, with gains in soyoil much stronger due to more hikes in crude oil. Iran rejected the 15-point ceasefire proposal put forth by United States President Donald Trump on Wednesday. Iran countered with a five-point plan that included it getting control of the Strait […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures remained positive on Thursday, gleaning support from comparable oils. With the ongoing war in the Middle East, crude oil continued to rise sharply. That led to increases in the Chicago soy complex, MATIF rapeseed and Malaysian palm oil.   While the stronger prices for canola […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Gains in canola futures on the Intercontinental Exchange were fading by mid-session Thursday, despite support from most comparable oils. Iran rejected the ceasefire proposal from United States President Donald Trump and now the market waits to see if he makes good on his threat to attack Iranian energy and […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures turned lower Thursday morning, retreating from overnight gains. Mixed signals over the war in the Middle East kept caution in the markets, after nearly four weeks of conflict. Gains in crude oil provided some spillover support for the oilseeds, with Chicago soyoil also holding onto small gains. However, […] Read more

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, shrugging off sharp losses in crude oil, which managed to move away from its lows. United States President Donald Trump offered a 15-point plan to Iran for a ceasefire, which initially saw crude oil drop hard. However, Iran rejected the proposal and crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Wednesday, due to sharp increases in Chicago soyoil and soybeans. Additional support came from upticks in most MATIF rapeseed contracts.   Steep declines in crude oil had little effect on most vegetable oils, with losses in Malaysian palm oil. An analyst said […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were posting small increases mid-session Wednesday, getting spillover support from strong gains in Chicago soyoil. The gains in both vegetable oils were running contrary to the sharp declines in crude oil. “The market is trying to get its head around Trump’s 15-point plan,” […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains as losses in crude oil spilled into the oilseed markets. Claims by the Trump administration that progress was being made on ceasefire talks with Iran were enough to send crude oil values falling on Wednesday, despite a lack of confirmation […] Read more