Futures

Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures were weaker on Tuesday, taking back most of Monday’s gains as chart-based selling weighed on values. Losses in the Chicago soy complex accounted for some spillover weakness, although Malaysian palm oil and European rapeseed held closer to unchanged. A lack of any significant movement on trade talks with China […] Read more

Reading Time: < 1 minute Glacier FarmMedia — “Turnaround Tuesday” speculative selling pressure weighed on the ICE Futures canola market at midday, although values remained stuck in a sideways range overall. Losses in the Chicago soy complex accounted for some spillover weakness, with European rapeseed also down on the day. A lack of any significant movement on trade talks with […] Read more

Reading Time: < 1 minute Glacier FarmMedia – ICE canola futures dropped on Tuesday, taking back most of Monday’s gains in chart-based positioning as weakness in crude oil also carried over into the oilseeds. Chicago soybeans saw losses of at least 15 United States cents per bushel, while soyoil and European rapeseed were also down. Malaysian palm oil was higher. […] Read more

Reading Time: 2 minutes Glacier FarmMedia — ICE canola futures posted solid gains on Monday, taking back most of Friday’s losses as trade optimism and spillover from a rally in the Chicago soy complex provided support. Chart-based buying was a feature, as the January contract moved to the upper edge of its sideways trading range. While there were no […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was higher at midday Monday, taking back some of Friday’s losses in choppy sideways trade. Gains in Chicago soyoil and soybeans provided spillover support. However, sharp losses in Malaysian palm oil in overnight activity and a softer tone in European rapeseed weighed on values. The Canadian dollar […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower coming out of the weekend, but remained above the 20-day average for the January contract. Chicago soyoil, European rapeseed and Malaysian palm oil were down. Crude oil was steady after OPEC+ announced on Sunday it was halting production increases early in the new […] Read more

Reading Time: 2 minutes A Halloween hike in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange turned weaker on Friday, following losses in other vegetable oils to the downside. There were sharp declines in Chicago soyoil along with more moderate losses in MATIF rapeseed and Malaysian palm oil. Gains in Chicago soybeans […] Read more

Reading Time: 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were weaker on Friday morning, as the other vegetable oils fell to the downside. Sharp losses in Chicago soyoil led the pull back, followed by more modest declines in MATIF rapeseed and Malaysian palm oil. Chicago soybeans were lower as well, but soymeal […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures are weaker Friday morning, as speculative profit-taking came forward after the market hit six-week highs on Thursday. A softer tone in the Chicago soy complex accounted for some spillover selling. European rapeseed and Malaysian palm oil were also lower.Canadian Prime Minister Mark Carney met with Chinese President Xi Jinping […] Read more

Reading Time: < 1 minute Glacier FarmMedia – The Canadian dollar fell on Thursday as the United States and China reached a new trade deal and the U.S. greenback strengthened.      The loonie dropped to US$0.7149 or US$1=C$1.3987, compared to US$0.7186 or US$1=C$1.3916 on Wednesday. On Wednesday, the Bank of Canada cut its key interest rates by 25 basis points […] Read more