Futures

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market extended its rallies on Thursday, strengthened by vegetable oils and with the May contract remaining above the 20-, 50- and 100-day averages. An analyst said the next resistance level for May canola is C$680 per tonne, adding that China needs additional sources for vegetable oil imports. […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed Thursday morning, recovering from overnight losses in choppy trade as markets continued to react to the shifting tariff news coming out of the United States. On Wednesday, U.S. President Donald Trump announced a 90-day pause on most reciprocal tariffs […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was steady in nearby contracts and higher in the deferreds in the middle of trade on Wednesday. Hours after the United States raised tariffs on Chinese goods to 104 per cent, China responded by raising levies on American goods to 84 per cent. An analyst […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed Wednesday morning, as the futures continue to react to the shifting global trade news. China and the United States raised their tariffs on each other, while Canada also upped its retaliatory measures against Trump’s trade policies. Chicago soyoil […] Read more

Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm — ICE canola futures finished higher on Tuesday, with strong gains in the nearby contracts while increases in the new crop positions were much more modest. Support from soybeans and soymeal also helped strengthen prices. The May contract climbed above its 20-, 50-, and 100-day moving averages, following rebounds in the […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market found strength from rallies in the equity and commodity markets on Tuesday, with the May contract moving above its 20-, 50- and 100-day moving averages. One analyst said rising soybean prices were also giving canola prices a boost. Another said that due to the high rate […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – ICE canola futures were higher on Tuesday morning following a rebound in the commodities and equities markets, moving above the 20-, 50- and 100-day moving averages. Chicago soyoil and European rapeseed were up while Malaysian palm oil was mostly positive. Crude oil also made gains. The Canadian dollar was up one-third of […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made a late push on Monday, with double-digit gains that were fuelled by a rally in equity markets. This morning, there were reports United States President Donald Trump planned to pause tariffs for 90 days on every country except China. The White House said those […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market turned around to climb into positive territory on Monday morning following unconfirmed reports that United States President Donald Trump was going to pause his tariffs on every country except China for 90 days. The White House later said such a move is not in the […] Read more

Reading Time: < 1 minute The ICE Futures canola market started the week in negative territory to go with comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil showed losses. Meanwhile, crude oil was down more than US$1 per barrel. West Texas International fell below US$60 as the selloff in crude oil continued on Sunday, but edged above the […] Read more