Markets

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange declined on Thursday morning despite positive momentum in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil prices surged after Iran attacked vessels on the Strait of Hormuz. The International Energy Agency announced on Wednesday it will release 400 million barrels […] Read more

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, trading just short of the nearby highs hit on Monday. Crude oil was higher amid the escalating war in the Middle East, disrupting production and movement in the region. Optimism over upcoming trade talks between the United States and China contributed to the […] Read more

Reading Time: < 1 minute  Glacier FarmMedia — The ICE Futures canola market was stronger on Wednesday, but off its session highs at the close as profit-taking came forward to weigh on values. The May contract hit a high of C$742.50 per tonne, settling about nine dollars below that at C$733.30 per tonne. The escalating conflict in the Middle East […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were sharply higher at midday Wednesday, as gains in crude oil and other vegetable oil markets were supportive. The escalating conflict in the Middle East provided the catalyst for much of the activity in the futures, with rising oil prices said to be leading to increased demand for […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange sharply jumped on Wednesday morning as comparable oils continued to rise. Chicago soyoil gained more than two United States cents per pound, while European rapeseed and Malaysian palm oil also made gains. Crude oil advanced more than two U.S. dollars per barrel after vessels in the […] Read more