Futures markets

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

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell to its lowest levels in a month on Wednesday, as bearish chart signals and losses in outside markets weighed on values. A lack of end user demand contributed to the declines, with exporters and domestic crushers thought to be covered for

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, seeing a continuation of Tuesday’s drop as losses in outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower. A lack of end user demand contributed to the declines, with softening

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower on Wednesday morning, pulled down by losses in the Chicago soy complex. More pressure on canola came from declines in European rapeseed and Malaysian palm oil. Modest upticks in crude oil tempered further losses in the vegetable oils. The Canadian government

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Tuesday, falling to the lower end of its sideways trading range as values dipped below chart support and speculative selling built on itself. January canola settled below both its 20- and 200-day moving averages but remained rangebound overall. Losses

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, as it continued bounce around within a sideways trading range. Canola “has been stalled in a range for some time now,” said a trader. Losses in Chicago soyoil accounted for some spillover weakness in canola, but Malaysian