Futures markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, getting mixed signals from comparable oils. Chicago soybeans were narrowly mixed, along with losses in soyoil and upticks in soymeal. Malaysian palm oil was relatively steady and MATIF rapeseed was lower. Crude oil was higher with spillover trying

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were lower after choppy trade throughout the day.      An analyst said there was “lots of resistance” as January canola approached the C$650 per tonne mark. On the other hand, January Chicago soyoil could soon break above 53 U.S. cents per pound, which may lift canola

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were virtually unchanged in the middle of Tuesday trading as trading had been choppy. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. However, crude oil eased off as officials from the United States and Russia met in Moscow today to discuss a potential end

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped lower on Tuesday morning, after starting the session on the upswing. Pressure came from losses in Chicago soyoil, but there were gains in soybeans and soymeal. Malaysian palm oil and MATIF rapeseed were also climbing upward, but declines in crude oil pressured

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were lower in Monday trading amidst mixed sentiment in comparable oils. However, the January contract remained above its 20-day average.      Chicago soyoil was up, while European rapeseed and Malaysian palm oil were down. Crude oil was higher due to tensions between the United States and

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower in the middle of Monday trading, with the January contract trading below its 20-day average, amidst mixed sentiment in comparable oils. Chicago soyoil was slightly higher, while European rapeseed and Malaysian palm oil were down. Crude oil gained US$1 per barrel due to tensions

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola was lower on Monday morning, along with the other vegetable oils. The Chicago soy complex, MATIF rapeseed and Malaysian palm oil were down modestly, while higher crude oil offered support. Statistics Canada is scheduled to release its production report on Thursday. Trade expectations have

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed steady to lower on Friday, unable to hang on to gains in the last minutes of trading. It was a similar circumstance with MATIF rapeseed which was also steady to lower. Small losses in crude oil applied additional pressure on the vegetable

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher mid-morning Friday, gleaning support from gains in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed. Although global crude oil was mixed, increases in West Texas Intermediate were spilling over into the vegetable oils. With the reduced trading hours today

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday morning. The Canadian Grain Commission reported 99,500 tonnes of canola were exported during the week ended Nov. 23, compared to 284,600 the previous week. So far this marketing year, 1.928 million tonnes were shipped compared to 3.695 million at this time