Futures markets

Glacier FarmMedia – Canola futures on the Intercontinental Exchange resumed their rallies on Monday morning after seeing negative movement on Friday. Chicago soyoil, European rapeseed and Malaysian palm oil were on the rise in the middle of trading. Meanwhile, crude oil traded on both sides of unchanged despite tensions in Iran and Venezuela. The United

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, taking their cue from gains in Chicago soybeans and soyoil as well as Malaysian palm oil. The increases were tempered by losses in MATIF rapeseed and Chicago soymeal, while declines in crude oil weighed on the vegetable oils.

Glacier FarmMedia — The ICE Futures canola market closed lower Friday, seeing a modest correction to end the week after hitting fresh one-month highs in early activity. The March contract climbed above nearby resistance Friday morning to hit a session high of C$638.10 per tonne. However, the buying interest subsided, and the contract was well

Glacier FarmMedia — Canola futures on the Intercontinental Exchange rallied again on Friday morning, owing to higher prices for comparable oils and a weaker Canadian dollar. Malaysian palm oil was lower, but Chicago soyoil and European rapeseed were up. Crude oil gained US$1 per barrel due to supply concerns out of Iran and ongoing tensions

     Glacier FarmMedia — The ICE Futures canola market remained pointed higher on Thursday, seeing some independent strength amid optimism over looming trade talks with China. Prime Minister Mark Carney will visit China next week, with ideas the trip could lead to an easing of Chinese tariffs on Canadian canola underpinning the futures. Speculative short-covering

Glacier FarmMedia — ICE Futures canola contracts remained pointed higher at midday Thursday, touching their highest levels in nearly four weeks. Optimism over Prime Minister Mark Carney’s visit China next week remained supportive, with ideas the trip could lead to an easing of Chinese tariffs on Canadian canola. Speculative short-covering and bullish chart signals contributed

     Glacier FarmMedia — The ICE Futures canola market settled at its highest levels in three weeks on Wednesday. Trade is expected to be a major topic when Canadian Prime Minister Mark Carney visits China next week, Jan. 13-17. Chinese tariffs have limited Canadian canola exports during the current marketing year, and optimism over possible

Glacier FarmMedia — ICE Futures canola contracts were higher at midday Wednesday, continuing the uptrend of the past week. Canadian Prime Minister Mark Carney will visit China Jan. 13-17, his office said Wednesday. Trade is expected to be a major topic of discussion. Stiff Chinese tariffs have limited Canadian canola exports during the current marketing

Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their respective rallies on Wednesday morning, with the March and May contracts exceeding their 20-day averages. Canadian Prime Minister Mark Carney will visit China next week where agriculture will be one of the topics discussed. Chicago soyoil, European rapeseed and Malaysian palm oil were higher.

Glacier FarmMedia — The ICE Futures canola market was mostly higher at Tuesday’s close, as speculative short covering and end-user bargain hunting provided support. However, a downturn in the Chicago soy complex tempered the upside. March canola settled right at its 20-day moving average, after climbing well above that level in early trade. Fund traders