Futures

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was weaker at midday Tuesday, seeing a continuation of Monday’s selloff as a tentative ceasefire between Israel and Iran, and the resulting losses in crude oil weighed on agricultural markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on the day, […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures were lower on Tuesday, following comparable oils to the downside. Chicago soyoil, European rapeseed and Malaysian palm oil were lower to start the day. Crude oil was down by more than US$3 Tuesday morning, after losing US$5 per barrel on Monday. The Canadian dollar was up nearly one-quarter of a U.S. cent […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Monday, as losses in Chicago soybeans and soyoil spilled over to weigh on values. Airstrikes on Iran by the United States over the weekend led to wide price swings in crude oil, with eventual weakness in the energy […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange opened the week slightly lower despite a weaker Canadian dollar and higher crude oil prices. Crude surged over the weekend due to the United States attack on Iran. However, rains on the Prairies over the weekend put pressure on prices. Chicago soyoil and Malaysian […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned slightly lower on Friday, giving up their gains from earlier in the session. Pressure on canola came from declines in the Chicago soy complex after it struggled as well to maintain increases. However, support was derived from upticks in Malaysian palm […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, as the Prairie weather forecast and tight old crop supplies provided support. An analyst said there’s a risk premium in canola due to dry conditions over much of the region, while there’s skepticism over the weekend forecast. […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — ICE canola futures were stronger Friday morning, touching fresh highs as Chicago soyoil resumed its uptrend after yesterday’s Juneteenth holiday in the United States. Tight old crop supplies and weather uncertainty for the new crop remained supportive. European rapeseed and Malaysian palm oil were both higher on the day. Weekly […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around to close higher on Thursday, amid lighter than usual activity. Trading volumes were lower today as the United States grain markets were closed for the Juneteenth holiday. Canola received support from upticks in European rapeseed and Malaysian palm oil. Increases […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were slightly higher late Thursday morning, in light activity as the United States grain markets are closed for the Juneteenth holiday. Tight old crop supplies and lingering uncertainty over the new crop continued to underpin canola values. However, potential rain for the […] Read more

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was narrowly mixed Thursday morning, as values continued to consolidate just below nearby highs in quiet trade. Markets in the United States were closed for the Juneteenth holiday, keeping many traders on the sidelines. Malaysian palm oil was steady on the day, while European rapeseed was higher. Chart-based […] Read more