Futures markets

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was sharply weaker Tuesday morning, dropping to fresh two-and-a-half month lows as participants reacted to the latest trade rhetoric from United States President-elect Donald Trump. Trump posted to his Truth Social platform Monday afternoon that he plans on imposing 25 per

By Phil Franz-Warkentin      Glacier FarmMedia MarketsFarm — The ICE Futures canola market settled narrowly mixed on Monday, seeing some consolidation after recent losses. Ideas the canola market was looking oversold after last week’s sharp declines provided some support, with overnight advances in Chicago soyoil also underpinning the market. However, soyoil turned lower and canola

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, retreating from overnight gains as losses in Chicago soyoil spilled over to weigh on values. Speculative short covering and end user bargain hunting had supported canola overnight, but the futures ran into resistance and turned lower. Declines

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Monday morning, seeing a modest correction off nearby lows to start the week. Ideas that the canola market was looking oversold after last week’s sharp declines contributed to the gains, with advances in Chicago soyoil providing spillover support. European rapeseed

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market moved lower for the fourth-straight session on Friday, retreating from overnight advances to hit its weakest levels in two months. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all weaker, which weighed on the Canadian oilseed. Bearish technical signals contributed to

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its downward slide at midday Friday, hitting fresh two-month lows as losses in outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, leaving canola hard-pressed to find any independent strength. Bearish technical

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed on Friday morning, attempting to pull away from two-month lows. Support for canola was coming from gains in Chicago soybeans and soymeal, along with European rapeseed. Sharp declines in Malaysian palm oil and more modest losses in Chicago soyoil pressured

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell for the third-straight session Thursday, hitting its weakest levels in two months as values broke below chart support. The move below C$600 per tonne in the January contract was bearish from a technical standpoint, encouraging additional speculative selling. Losses in Chicago

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was falling for the third-straight session at midday Wednesday, testing major chart support. The January contract dropped below C$600 per tonne, hitting its weakest level in two months. Losses in Chicago soyoil accounted for some spillover selling pressure, with European rapeseed and

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Thursday morning, falling to levels not seen since early October. Declines in European rapeseed and Malaysian palm oil weighed on canola values. There was little direction from the Chicago soy complex, with soybeans narrowly mixed, soyoil virtually unchanged and losses