Futures

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher late Tuesday morning, working on their second day of gains following last week’s hard losses. Canola was getting support from strong upswings in Chicago soyoil as well more modest increases in soybeans. As Malaysian palm oil remained closed for a holiday, […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Tuesday morning, with the largest gains in the front months as values continued to correct off the lows hit last week. Gains in Chicago soyoil provided some spillover support, while European rapeseed was also mostly higher. End user bargain hunting contributed to the […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday, but a trader said it’s unclear how far this upswing might go. The trader said canola was oversold due to the fallout from trade issues with China and the United States. He noted the spec funds eliminated their […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise by late Monday morning. A trader commented the market is exhausted from last week’s downturn over tariff issues. He also noted the speculative funds have eliminated their record long position in canola and that farmers weren’t prepared for the […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed Monday morning, seeing some consolidation after dropping sharply last week. Ongoing tariff concerns that may disrupt trade with both China and the U.S. kept the canola market on edge. However, after losing about C$100 per tonne over the […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market extended its tariff-related slide on Friday amidst mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil was moving up partly due to a weaker United States dollar. However, European rapeseed was lower. One analyst said canola crushers could […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market extended its tariff-related slide on Friday amidst mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil are higher, while crude oil moved up partly due to a weaker United States dollar. However, European rapeseed was lower. One analyst said canola crushers could start […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were turning lower on Friday morning after coming out of the overnight session with gains. Over the course of this week, the May canola contract has lost $78.10 per tonne largely due to China threatening to slap 100 per cent tariffs on its […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market declined further Thursday due to tariff-related pressure despite making gains earlier in the day. One analyst said the rise could have been a “dead cat bounce”, a brief respite before resuming their downturn. Another said shifting basis values have caused the canola market to be “paralyzed”. […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market received some relief on Thursday from tariff-related pressure seen this week. One analyst said the rise in canola prices could be a “dead cat bounce”, a brief respite before resuming their downturn. Another said shifting basis values have caused the canola market to be “paralyzed”. Statistics […] Read more