Futures markets

WINNIPEG–ICE Futures canola contracts were mostly lower at midday Tuesday, although activity was choppy as market participants remained focused on the ongoing conflict in the Middle East. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Tuesday morning amid mixed sentiment in the comparable oils. Crude oil was lower as the G7 considers releasing up to 400 million barrels from strategic reserves, and on comments from U.S. President Donald Trump that the Middle East war may soon be

SOYBEAN futures at the Chicago Board of Trade were lower on Monday, retreating from overnight gains. General uncertainty amid the escalating war in Iran led to wide price swings in the futures, as investors calculated what the conflict will mean for the global economy. A rally in crude oil caused soybean prices to hit their

The ICE Futures canola market gapped sharply higher in overnight trade, as the escalating Mideast war sent crude oil climbing. However, oil backed off its gains, and canola settled with small losses on Monday. West Texas Intermediate crude oil traded near US$120 per barrel in the April contract amid the escalating Iran war, as traffic

WINNIPEG–ICE Futures canola contracts were holding onto gains in the front months at midday Monday, but well off their overnight highs with losses in the more deferred positions. Crude oil shot higher amid the escalating Iran war, as traffic through the Strait of Hormuz remains halted and many Mideast oil exporters cut back production. West

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise on Monday morning, especially the nearby contracts, due to spillover from sharp gains in crude oil prices. Crude was up by more than US$9 per barrel on Monday morning, at around US$100, as the conflict in the Middle East drove up oil prices.

SOYBEAN futures at the Chicago Board of Trade were stronger on Friday, as Qatar’s energy minister warned oil production in the Gulf region could come to a halt due to the war. United States Treasury Secretary Scott Bessent told the Wall Street Journal that he expects China to further increase their purchases of U.S. soybeans.

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Friday, as a surge crude oil drove up vegetable oil prices. That generated sharp increases in the Chicago soy complex, MATIF rapeseed and Malaysian palm oil.   The hikes in crude have also pushed up fertilizer prices. An analyst said that could

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were being propelled higher mid-session Friday by a surge in crude oil prices. That’s caused the May canola contract to climb well above resistance at C$720 per tonne. The charge in crude oil was also driving up the Chicago soy complex, MATIF rapeseed

     Glacier FarmMedia — ICE canola futures continued their upward climb Friday morning, as the escalating war in the Middle East kept crude oil rising. West Texas Intermediate crude oil gained roughly US$20 per barrel over the past week, or 30 per cent of its value, as the war in Iran spread across the Middle