Futures

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The ICE canola futures market showed some independent strength coming out of the Easter Weekend. Chicago soyoil, European rapeseed and Malaysian palm oil declined to start the week. Crude oil dropped by more than US$1 per barrel on reported progress towards a deal between the United States and Iran over […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Thursday, retreating from earlier gains as traders booked profits and adjusted positions ahead of the Easter weekend. Markets will be closed April 18 for Good Friday. While gains in Chicago soyoil provided spillover support, soybeans, European rapeseed and Malaysian […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Thursday, showing little signs of slowing the month-long uptrend as the market continues to work to ration demand. Canada has already exported about 7.2 million tonnes of canola during the 2024/25 marketing year — only 300,000 tonnes short of […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued on the upswing Thursday morning as the old crop contracts hover over either side of their resistance levels. With exports and domestic use of canola ahead of last year’s pace, tightening supplies will ration demand. However, there are thoughts in the trade […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Wednesday, nearing major chart resistance. The July contract managed to settle above C$680 per tonne, with the next upside target at the February high of C$687.60 per tonne. Gains in the Chicago soy complex and European rapeseed futures […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Wednesday, continuing their upward trend of the past four weeks as the market works to ration demand. The most-active July contract was testing psychological resistance at C$680 per tonne, with selling coming forward at the highs. Chicago soyoil and […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise on Wednesday morning as a tightening supply situation pushed prices in the nearby contracts towards resistance at C$680 per tonne. At the current rate of exports and domestic use, Canada is poised to run out of canola later this […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Tuesday, with the largest gains in the nearby contracts as the market worked to ration demand. Weakness in the Canadian dollar was also supportive. Canola was trading at the upper end of its year-long range on a weekly chart, with major resistance […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were higher at midday Tuesday, with the largest gains in the old crop contracts as the market works to ration demand. Canola was trading at the upper end of its year-long range on a weekly chart, with major resistance seen at C$680 per […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mixed on Tuesday morning with gains in the front months and losses in the new crop positions. The Canadian oilseed continued to be supported by bullish technical signals, with the most traded July contract still well above its moving averages. Also, tightening […] Read more