Futures markets
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Canola trade watchful during harvest intermission
The flow of speculative money, reacting to whatever world news is available, can be expected to steer grain and oilseed…
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Consumers say they would purchase pork from gene-edited pigs
A new eight-country study shows more than 90 per cent of consumers are open to purchasing pork from gene-edited pigs…
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Canadian canola futures vibing
Recent comments from Chinese and Canadian officials offered a shot of positive vibes that lifted ICE canola futures to their…
ICE canola correcting lower Thursday morning
Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the
North American Grain and Oilseed Review:Big gains for canola
Sharp improvements in CBOT soybeans, soyoil
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Wednesday, riding the spillover from sharp increases in Chicago soybeans and soyoil. There was additional support from gains in MATIF rapeseed and Malaysian palm oil. Also, canola continued to benefit from Friday’s Canada-China trade deal and news that China bought 60,000 tonnes
ICE Canola Midday: Good spillover support from soybeans, soyoil
Uncertainty over Chinese import volumes
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade
ICE canola stronger Wednesday morning
Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, finding spillover support from gains in outside markets. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were higher. The reduction of Chinese tariffs on Canadian canola announced last week remained supportive. March canola was trading above most of its major moving averages,
Canadian Financial Close: Loonie higher, Greenland threats weaken markets
Glacier FarmMedia – The Canadian dollar moved higher on Tuesday as its United States counterpart fell back. The loonie settled at US$0.7231 or US$1=C$1.3829, compared to US$0.7210 or US$1=C$1.3870 on Monday. The U.S. Dollar Index dropped 0.81 of a point at 98.59. Nearby crude oil prices were mixed after a fire broke out
North American Grain and Oilseed Review:Old crop canola can’t retain gains
Greenland issue weighs on U.S. values
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures incurred losses in the old crop contracts on Tuesday, fading from earlier increases. The new crop positions hung on to modest gains. Upticks in Chicago soyoil evaporated as well, closing with small losses as did soybeans. Increases in Malaysian palm oil, MATIF rapeseed, Chicago soymeal
ICE Canola Midday: Building on trade deal momentum
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to push higher on late Tuesday morning. An analyst said the increases are due in part to Friday’s Canada-China trade deal. “I would say it’s a little bit of follow-through,” the analyst said, noting there’s often some new year optimism in the
North American Grain and Oilseed Review:Modest gains in most canola contracts
No trading today in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia – Intercontinental Exchange canola futures closed mostly higher on Monday, but the March contract dipped lower in choppy trading. Trading volumes were less than normal as the United States markets were closed for Martin Luther King Jr. Day. Support for canola continued to come from Friday’s Canada-China trade deal
ICE Canola Midday: Still on the rise
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher, but trading had been to both sides of unchanged in thin and choppy activity. United States markets were closed today for Martin Luther King Jr. Day, limiting the volume in canola Increases in Malaysian palm oil were lending support
ICE canola continues higher to start week
Glacier FarmMedia — ICE canola futures were stronger Monday morning after moving to both sides of unchanged in overnight activity. The trade deal with China announced Friday and expectations for a resumption of canola exports to the country remained supportive to start the week. Chinese tariffs on Canadian canola seed will drop from 75.8 per
