Futures markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were weaker by late Friday morning, as pressure from the Chicago soy complex intensified. Losses in MATIF rapeseed and Malaysian palm oil added to canola’s declines. A drop in crude oil pulled down the vegetable oils. “There’s a general negative sentiment

Glacier FarmMedia — The ICE canola market was weaker Friday morning, taking some direction from losses in the Chicago soy complex. Losses in crude oil accounted for some of the spillover selling pressure in the vegetable oil markets, with Malaysian palm oil and European rapeseed futures also down on the day. The ongoing lack of

U.S. soy, corn down, while wheat is mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were mostly a pinch lower on Thursday, after a good amount of choppy trading. Only the January contract managed to finish higher. Losses in the Chicago soy complex weighed on canola values, with upticks in

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise late Thursday morning on what a trader called a “nothing day” as prices had been shifting to either side of unchanged. The trader said canola had a bit of a run-up this week and the market had

Glacier FarmMedia — The ICE canola market was trading to both sides of unchanged in choppy activity Thursday morning, with the bias turning to the downside. Losses in Chicago soyoil and soybeans accounted for some spillover selling pressure, while European rapeseed and Malaysian palm oil were both higher. The canola harvest is in its final

Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,”

Glacier FarmMedia — The ICE canola market was narrowly mixed Wednesday morning, seeing some consolidation after moving higher earlier in the week. Gains in Chicago soybeans and soyoil provided spillover support. Malaysian palm oil was also stronger, although European rapeseed was steady to lower. The ongoing lack of export sales to China remained a bearish

U.S. soybeans rise, as corn, wheat decline By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher for a second consecutive session on Tuesday. Support came from an upswing in the Chicago soy complex, especially with soyoil climbing two-thirds of a cent per pound. An analyst said increases in canola need

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange swung higher late Tuesday morning, benefiting from gains in the Chicago soy complex, MATIF rapeseed and Malaysian palm oil. However, small declines in crude oil applied some pressure on the vegetable oils. An analyst said the November contract needed to remain