Markets

Reading Time: 2 minutes The ICE Futures CANOLA market was weaker on Monday, hitting fresh nine-month lows. Losses in outside markets accounted for some spillover selling pressure, with Chicago soyoil, European rapeseed and Malaysian palm oil all down on the day. Large supplies and the ongoing lack of export demand from China continued to weigh on values, despite solid […] Read more

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were posting small losses at midday Monday, taking some direction from declines in the Chicago soy complex. The January soyoil contract fell below psychological chart support at 50 cents per pound, while the more-active March contract also tested that key technical level. Large supplies continue to overhang the […] Read more

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange resumed its downturn in early Monday trading, with the March contract C$30 per tonne below its 20- and 50-day averages. Chicago soyoil, European rapeseed and Malaysian palm oil were lower to start the day. Crude oil was also down slightly as oversupply fears outweighed tensions between […] Read more

Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures finished weaker on Friday, pulled down by losses in comparable oils as well as profit-taking. There were sharp declines in Chicago soybeans and soyoil, while soymeal edged up a little. Losses in MATIF rapeseed and Malaysian palm oil added to canola’s downturn. Crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower mid-morning Friday, due to losses in outside markets and from profit-taking said a trader. The trader said the vegetable oils were the biggest influence on canola, with declines in Chicago soy, MATIF rapeseed and Malaysian palm oil. Crude oil […] Read more