Futures markets

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange corrected themselves on Wednesday after the November contract dropped below C$600/tonne for a brief period. Stronger soybean and vegetable oil prices underpinned gains.      An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might

Glacier FarmMedia – The November canola contract on the Intercontinental Exchange dipped below C$600 per tonne earlier today before returning above that mark. An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might test March lows at around C$580/tonne. Both of them doubt

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, after the market was closed yesterday for a holiday. While the nearby November contract continued to hover above C$600 per tonne, it dipped below that level before returning above that mark. The advancing Prairie harvest, along with declines

Glacier FarmMedia — Canola futures on the Intercontinental Exchange ended Monday on a low note, being pressured by the harvest, weaker comparable oils and by the funds shifting from a near record long to going short. Agriculture and Agri-Food Canada released its September principal field crop estimates on Friday, using Statistics Canada data. The 2025-26

Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another step lower in the middle of Monday trading, weakened by comparable oils and harvest pressure. Agriculture and Agri-Food Canada released its September principal field crop estimates on Friday, using Statistics Canada’s numbers to project the 2025-26 canola crop at 20.028 million tonnes, below some

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures slipped back on Monday morning, due to pressure from losses in comparable oils. Chicago soybeans and soyoil plus Malaysian palm oil were to the downside while MATIF rapeseed was mixed. Losses in crude oil added more pressure on the vegetable oils. Agriculture and

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange slipped back late Friday morning, in what an analyst called “direction-less” trade. “Things are pretty much a typical Friday trading day ahead of the weekend,” the analyst said. While canola gleaned support from the Chicago soy complex, Malaysian palm was to

Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned lower on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly higher. Crude oil also made gains due to supply risks in Russia and a draw in United States stockpiles. The Canadian dollar

A positive turn in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures hung on to their gains Thursday, from short covering and gleaning support gains in most comparable oils. There were increases in Chicago soybeans and soyoil while soymeal stepped back. Malaysian palm oil was higher, but MATIF rapeseed edged

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were pushing upwards on Thursday morning. “This is likely short covering after bouncing of off recent lows,” an analyst said. The analyst added the increases at the Chicago Board of Trade, including those in soybeans and soyoil, were a corrective move.