Futures markets

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed slightly lower on Monday in trading that saw the nearby contracts either side of steady. At one point the July contract broke through its support level of C$600 per tonne but reclaimed some its lost ground. An analyst noted July’s next

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained lower at midsession Monday despite an attempt to recover. An analyst stated canola was testing its support level of C$600 per tonne in the nearby July contract and should it break through that, the next level is around C$585/tonne. “Whatever inertia we

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, hitting fresh three-month lows as bearish technical signals and losses in outside markets weighed on values. Chicago soyoil and European rapeseed were both down, while the Malaysian palm oil market was closed for a holiday. The July canola

Glacier FarmMedia MarketsFarm — The ICE Futures canola market tumbled and tested new support levels on Friday as comparable oils provided negative sentiment. Chicago soyoil and European rapeseed were lower. Meanwhile, crude oil was down partially due to demand concerns. Malaysian palm oil was higher. The Canadian Grain Commission reported 152,100 tonnes of canola exports during

Glacier FarmMedia MarketsFarm – The ICE Futures canola market slid further back on Friday while comparable oils provided little direction. European rapeseed and Malaysian palm oil were higher. However, Chicago soyoil was lower and crude oil was down slightly due to demand concerns. The Canadian dollar was down less than one-tenth of a United States cent

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were lower on Friday morning, with the biggest declines in the old crop July contract. Pressure on canola came from declines in the Chicago soy complex, although soyoil was virtually unchanged. Slight gains in European rapeseed lent some support while Malaysian

Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Thursday, returning to the downside as relatively favourable growing conditions and seasonal selling pressure weighed on values. Seeding operations were nearly complete in Saskatchewan according to the weekly provincial report, with 78 per cent of the canola crop rated good-to-excellent. European rapeseed and Chicago

Glacier FarmMedia MarketsFarm – The ICE Futures canola market returned to the red on Thursday, mainly due to seasonal pressure and a lack of support from comparable oils. Chicago soyoil was down as well as Malaysian palm oil. European rapeseed was steady to lower. However, crude oil made small gains despite a build in United States

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange resumed their declines on Thursday morning, being pulled lower by losses in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were to the downside. Upticks in Chicago soybeans and soymeal helped to stem further losses in canola. Crude oil