Markets

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Friday morning, taking back some of Thursday’s advances as contracts consolidated just under nearby highs. Intermonth spreading remained a feature, with participants rolling out of the March contract and into the May. The May contract settled above its 200-day moving average on Thursday but was back […] Read more

Reading Time: 2 minutes By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures close higher on Thursday but stepped back from exceeding their resistance levels. Resistance for the March and May contacts are seen as being C$670 and C$680 per tonne, respectively. News that China extended its investigation into alleged canola dumping by Canada to March 9, and […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Thursday morning, following news on China’s investigation into alleged canola dumping by Canada. The Chinese Ministry of Commerce said on Thursday that it’s extending its probe into the allegations to March 9 and will make a “fair and final ruling” […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were firm Thursday morning, finding spillover support from advances in outside markets. The Chicago soy complex was boosted by optimism over improving trade relations between China and the United States. However, large Brazilian crop prospects tempered the upside in beans. European rapeseed futures were also higher, while Malaysian […] Read more