Futures markets

Glacier FarmMedia MarketsFarm – The ICE Futures canola market opened the week on the rise, with the November contract already hitting a two-week high. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the week. Crude oil gained up to US$2 per barrel due to another flareup of tensions in the Middle

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Monday morning despite comparable oils being mixed. While Chicago soyoil was on the rise, there were losses in soybeans and soymeal. As European rapeseed turned mixed, Malaysian palm oil swung upward. Although crude oil prices rose sharply, the

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed out the week Friday on a high note, holding its up and down path. There was ample spillover from gains in the Chicago soy complex, European rapeseed and Malaysian palm oil. Also, strong upticks in crude oil prices were lending support

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned stronger by midsession on Friday, benefitting from sharp upticks in the Chicago soy complex. Gains in European rapeseed and Malaysian also spilled over into canola, while increases in crude oil added to the upswing in vegetable oils. “I don’t think there’s anything

The ICE Futures canola market sought to end the week on a high note, continuing its up-and-down trade over the past few days. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher, providing support for the oilseed. Crude oil was also up, with gains of more than US$1 per barrel. Canadian Labour Minister

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Thursday, due to sharp declines in the Chicago soy complex and more moderate losses in European rapeseed. However, gains in Malaysian palm oil and global crude oil helped to limit the pull backs in canola. Rail movement is mostly

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back at midsession Thursday, due to declines in the Chicago soy complex and European rapeseed. “People are bearish,” an analyst noted, especially in the European market. On the positive side, Malaysian palm oil was higher and there were modest upticks in

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower on Thursday morning, hours after both of Canada’s major railways were shut down due to a work stoppage. At 12:01 a.m. this morning, Canadian National Railway and Canadian Pacific Kansas City failed to reach an agreement on new contracts with workers, represented by the Teamsters

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed stronger on Wednesday, recouping yesterday’s losses and adding more. A trader said he wasn’t entirely sure as to why canola climbed so high, suggesting it could have been a rebalancing of the market or the speculative funds at work. Given how

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger at midsession Wednesday; however a trader wasn’t entirely sure as to why. He said there could be a rebalancing, or the speculative funds are at work. Nevertheless, canola was getting support from gains in the Chicago soy complex, European rapeseed and