Futures

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market sharply rose in the middle of trading on Tuesday, assisted by higher Chicago soyoil prices. An analyst said soyoil received a boost after United States Department of Agriculture Secretary Brooke Rollins announced more than US$500 million in funding for biofuel infrastructure despite the lack of a […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was up on Tuesday morning, the day before United States President Donald Trump imposes potential tariffs on Canadian imports. Chicago soyoil was higher, but European rapeseed was mostly lower. Crude oil saw slight gains as the oil industry awaits the effects of the tariffs. Malaysian […] Read more

Reading Time: 3 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher as the May contract eased back. One analyst said the rise in crude oil was lifting vegetable oil prices, and if the May canola contract gets to above C$620 per tonne, it could trigger a selloff. However, that depends on whether the […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed gains in the middle of trading on Monday, deriving strength from vegetable and crude oils. Malaysian palm oil sharply rose while crude oil was up more than US$1 per barrel after United States President Donald Trump warned buyers of Russian oil with tariffs and […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small gains on Monday morning, continuing its positive momentum from the past week. Malaysian palm oil was extremely strong, while European rapeseed was mostly positive and crude oil was higher after United States President Donald Trump warned buyers of Russian oil of tariffs and […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, nearing major chart resistance as the market continued to correct off nearby lows. The May contract gained C$41.70 per tonne over the week, finishing Friday’s session just shy of a gap on the charts between C$615 and C$617 […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts continued their uptrend of the past week on Friday, posting solid gains at midsession. Supportive chart signals, as values climbed above nearby technical resistance, contributed the gains. End user bargain hunting was also thought be underpinning the market, as canola remains attractively priced […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the upswing Friday morning, with the May contract hovering around the psychological level of C$600 per tonne. As well, the May continued to exceed its 20-day moving average but still had some distance to reach its other major technical levels. The […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, settling above its 20-day moving average in the May contract first time in a month as a rally in the Chicago soy complex provided support. The May contract briefly tested the psychological C$600 per tonne mark but […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were holding onto gains at midday Thursday, but well off their session highs after running into resistance. The May contract briefly traded above the psychological C$600 per tonne level before backing away as selling came forward at the highs. Gains in Chicago […] Read more