Futures

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were pulling back in the middle of Tuesday trading after seeing strong gains on Monday. Chicago soyoil and European rapeseed were also retreating while Malaysian palm oil was slightly higher. Crude oil was also in decline due to ample global supplies and despite Russian attacks on […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stepping back on Tuesday morning, following yesterday’s strong gains. Losses in Chicago soyoil and MATIF rapeseed pressured canola while support came from gains in Chicago soybeans and soymeal, as well as Malaysian palm oil. Ample canola supplies, lacklustre exports and the absence […] Read more

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange finally found strength on Monday after a lengthy downturn that lasted for most of December. An analyst said canola’s bounce back may be the result of lighter trading going into the holiday season. Crude oil gained more than US$1 per barrel on Monday after the White […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were continuing to rebound in the middle of Monday trading after three weeks of steady declines. An analyst said canola’s sudden upswing may be the result of lighter trading heading into the holiday season. Chicago soyoil, European rapeseed and Malaysian palm oil were higher today. Crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on Monday morning, turning around following a week of declines. The most-traded March contract pushed above the psychological level of C$600 per tonne but remained well back of its major moving averages. Support for canola came from upswings in the Chicago […] Read more

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market remained pointed lower on Friday, losing C$25.70 per tonne in the March contract over the week amid a lack of any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts continued their downward slide on Friday, as the market lacked any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission data. Crop year-to-date exports at 2.4 million tonnes compares with 4.2 […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange approached the weekend in negative territory, with the March contract dropping below the C$600 per tonne mark. The Canadian Grain Commission reported canola exports for the week ended Dec. 14 were 57,400 tonnes, well below the previous week’s 289,200. Due to a lack of Chinese buying, […] Read more

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market continued lower on Thursday, lacking any supportive news to counter the bearish momentum. Losses in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed also lower on the day. Large supplies and a lack of significant export demand from China continue to overhang […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts fell to fresh nine-month lows on Thursday, lacking any supportive news to slow the slide. The “momentum” remains pointed lower in canola, said an analyst, accounting for the general weakness in the market as traders move to the sidelines ahead of the holidays. Much of the activity was […] Read more