Futures markets

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

Glacier FarmMedia — The ICE Futures canola market eased off earlier gains to settle with small losses on Thursday. Activity was thin and choppy, with markets in the United States closed for Thanksgiving. The January contract managed to hold above C$650 per tonne, which was supportive from a chart standpoint. Statistics Canada will release updated

Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains midday Thursday in thin and choppy trade. Markets in the United States were closed for Thanksgiving and will only open for reduced hours on Friday. Many canola traders were also keeping to the sidelines. European rapeseed and Malaysian palm oil futures were higher

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning despite strength from comparable oils. European rapeseed and Malaysian palm oil were higher, while crude oil was up slightly as Russia-Ukraine ceasefire talks outweighed rising United States supplies. Chicago soyoil was not traded due to the U.S. Thanksgiving day holiday. All

The ICE Futures canola market was stronger on Wednesday, with chart-based positioning and spillover from advances in the Chicago soybeans and soyoil providing support. A move above C$650 per tonne in the January contract was constructive from a chart standpoint, with nearby trendlines pointing higher, according to an analyst. A lack of significant export demand

Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Wednesday, seeing a continuation of Tuesday’s gains as nearby chart signals were pointing higher. Gains in Chicago soybeans and soyoil provided spillover support, although activity in the United States markets was somewhat choppy as traders there were squaring positions and moving to the sidelines

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Wednesday morning amidst mixed sentiment in comparable oils. Chicago soyoil was steady, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil showed small declines as a Russia-Ukraine peace deal is being sorted out, as well as oversupply fears. The

Glacier FarmMedia — The ICE Futures canola market was stronger on Tuesday, after trading to both sides of unchanged in choppy activity. A turn higher in the Chicago soy complex after early losses accounted for some spillover buying interest in the Canadian oilseed. Chart-based positioning was a feature, with a move back above the 20-day