Futures

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were boosted by vegetable oils in the middle of Wednesday trading, which allowed the March contract to surpass the C$650 per tonne level. Chicago soyoil continued its rally, which was aided by United States President Donald Trump’s announcement that China has agreed to purchased 20 million […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, getting support from other vegetable oils. There were increases in Chicago soyoil, MATIF rapeseed and Malaysian palm oil, but losses in Chicago soybeans and soymeal. Crude oil was relatively steady, providing little direction to the veg oils. The […] Read more

Reading Time: < 1 minute Glacier FarmMedia -– Canola futures at the Intercontinental Exchange on Tuesday rebounded from Monday’s losses, thanks to support from comparable oils.      An analyst said that the canola trade was getting “back to fundamentals” and a move above C$650 per tonne would be supportive from a chart standpoint. However, he questioned if the market would […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise in the middle of Tuesday trading with Chicago soyoil helping lift prices. Chicago soyoil was up one United States cent per pound, while European rapeseed was also higher. Malaysian palm oil was slightly lower. Crude oil was also moving upward as it […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Tuesday morning, gleaning support from increases in the comparable oils. Chicago soyoil was up sharply with more modest gains in soybeans, as well as MATIF rapeseed and Malaysian palm oil. Upticks in crude oil spilled over into the vegetable oils. […] Read more

Reading Time: 2 minutes Glacier FarmMedia -– Canola prices on the Intercontinental Exchange weakened on Monday in what an analyst called a “macro selloff” hit the markets, especially in crude oil.      Crude oil fell by more than US$3 per barrel as tensions eased between the United States and Iran. Chicago soyoil and Malaysian palm oil were down, while […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were weaker in the middle of Monday trading due to what one analyst said was a “macro selloff” in the markets, especially in crude oil. United States President Donald Trump said last weekend that the U.S. and Iran are currently engaged in talks, which sent crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange stepped back on Monday morning, amid pressure from most comparable oils. With crude oil down sharply this morning, there were losses in Chicago soybeans and soyoil, as well as Malaysian palm oil. MATIF rapeseed and Chicago soymeal were slightly higher. The March canola […] Read more

Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market settled with small losses, as spillover from declines in the Chicago soy complex countered the supportive influence of a weaker Canadian dollar. The March contract traded above C$650 per tonne for the sixth-straight session on Friday, but once again ran into resistance at that chart point to […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Friday, as investors squared positions ahead of the weekend. The March contract was trading just above C$650 per tonne at midsession, after testing that level every day of the past week. An analyst said it would be supportive from a technical standpoint if […] Read more