Futures markets

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures stepped back on Monday, due to pressure from China’s tariffs on canola and good crop conditions on the Canadian Prairies. Added to that, Reuters reported China acquired 50,000 tonnes of canola from Australia, marking its first such purchase since 2020. While China

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Monday morning, as China’s recent tariffs on Canadian canola seed continued to weigh on values. However, an analyst said that Canada will likely reduce its canola exports for 2025/26 anyway, following its excellent 2024/25 program. Also, the analyst noted

Canola futures on the Intercontinental Exchange were slightly lower on Monday morning amidst mixed sentiment in comparable oils. Chicago soyoil was lower but European rapeseed and Malaysian palm oil were higher. Crude oil was down as traders await a meeting between United States President Donald Trump and Ukrainian President Volodymyr Zelenskyy with other European leaders

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday in choppy trade. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil prices were down in anticipation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska today. The western Prairies

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Friday trading, continuing their choppy activity. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil was also down as the meeting between U.S. President Donald Trump and Russian President Vladimir Putin brought optimism in

Glacier FarmMedia — ICE canola futures were weaker Friday morning, although activity was choppy as prices consolidated above nearby lows ahead of the weekend. The Chinese anti-dumping duties announced earlier in the week remained a bearish influence overhanging the market. However, canola futures appear to have found some support after the initial selloff, with some

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were lower on Thursday, erasing most of Wednesday’s gains and regaining negative momentum as China’s new levy on Canadian canola imports came into effect today. An analyst said canola futures will be in choppy trade for the next few days. However, he also predicted prices will

Glacier FarmMedia – Canola futures on the Intercontinental Exchange traded lower on Thursday, losing yesterday’s gains on account of weakness in vegetable oils. An analyst expects canola to take part in choppy trade over the coming days. However, he predicts canola prices will fall into the C$620 to C$630 per tonne range. Chicago soyoil and Malaysian

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, with spillover selling pressure from losses in Chicago soyoil behind some of the declines. European rapeseed and Malaysian palm oil were also lower on the day. Ongoing concerns over Chinese demand, as anti-dumping duties imposed by the country come into effect today, remained a bearish

Glacier FarmMedia – Canola futures on the Intercontinental Exchange made gains on Wednesday as they underwent a correction after Tuesday’s severe losses. An analyst said prices were higher as some believed canola futures were oversold while low supply and support from soybeans also underpinned gains. Much of Saskatchewan and Alberta saw rain and cooler temperatures today.