Markets

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange eased back on Tuesday morning due to a lack of support from other vegetable oils. Chicago soyoil was relatively steady and Malaysian palm oil was lower. Upticks in MATIF rapeseed tempered the declines in canola. Modest increases in crude oil underpinned the veg […] Read more

Reading Time: < 1 minute WINNIPEG -– Canola futures on the Intercontinental Exchange settled with small gains on Monday, while during trading the July contract surpassed C$700 per tonne for the first time.      An analyst said he expected selling activity soon after for the July contract. He also said rising canola prices have to do with the funds turning […] Read more

Reading Time: 2 minutes Glacier FarmMedia – SOYBEAN prices on the Chicago Board of Trade hit a three-month high before settling in negative territory on Monday. AgRural estimated the Brazilian soybean crop at 30 per cent harvested, compared to 39 per cent one year ago. The United States Department of Agriculture reported soybean export inspections for the week ended […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange looked to rally for a fourth straight session on Monday, supported by Chicago soyoil. May Chicago soyoil was up one United States cent per pound while exceeding 60 cents in value. An analyst said this was a primary reason for canola’s gains. European rapeseed and Malaysian […] Read more

Reading Time: < 1 minute Canola futures on the Intercontinental Exchange were posting small gains on Monday morning, turning around from slight overnight losses. There was mixed support from comparable oils with gains in Chicago soyoil, while MATIF rapeseed eased back and Malaysian palm oil was mostly higher. Losses in Chicago soybeans and soymeal added pressure on canola. Upticks in […] Read more