Futures

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell below nearby chart support on Tuesday as losses in Chicago soybeans and soyoil spilled over to weigh on prices. Bearish technical signals contributed to the declines, although the underlying fundamentals remained supportive. Canola remains cheap compared to most other oilseeds, with […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, retreating from earlier gains as losses in the Chicago soy complex spilled over to weigh on values. Soybeans hit fresh contract lows while soyoil fell to its softest levels in three months. European rapeseed and Malaysian palm […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly higher on Tuesday morning while comparable oils were lower. Chicago soyoil and Malaysian palm oil were down while European rapeseed was mostly lower. Crude oil also continued to decline due to an economic slowdown in China and in anticipation of the United States Federal […] Read more

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Monday, settling just above nearby chart support as losses in outside markets weighed on values. The March contract fell below its 100-day moving average and settled just above the 20-day average, with speculative selling a feature. Chicago soyoil, European […] Read more

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s profit-taking correction. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure in canola, with European rapeseed and Malaysian palm oil also weaker on the day. However, the underlying fundamentals […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market continued to come down on Monday morning following overall weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in the red, while crude oil declined due to unwelcome Chinese economic data. The Canadian dollar was down one-tenth of a United States […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market moved to the downside on Friday to go with comparable oils showing gains and declines. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed sharply rose and crude oil was also higher. An analyst said canola is at an all-time record discount compared to […] Read more

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market moved a little to the downside on Friday morning to go with comparable oils showing gains and declines. Chicago soyoil and Malaysian palm oil were lower at midday, while European rapeseed sharply rose and crude oil was also higher. An analyst said canola is at […] Read more

Reading Time: < 1 minute Intercontinental Exchange canola futures were higher on Friday morning as tighter canola supplies continued to underpin the Canadian oilseed. The Canadian Grain Commission reported for the week ended Dec. 8 that year-to-date canola exports hit 4.03 million tonnes, almost 88 per cent more than a year ago. Domestic use reached 4.17 million tonnes, up more […] Read more

Reading Time: 2 minutes Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower on Thursday as it faced resistance at the 200-day moving averages, despite receiving some support from vegetable oils. An analyst said canola was likely to remain in a trading range of C$600 to C$625 per tonne for the remainder of the month. Chicago soyoil […] Read more