Futures markets

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday, getting pressured by profit-taking and declines in comparable oils. The Chicago soy complex was down hard while losses in MATIF rapeseed and Malaysian palm oil were more moderate. A downturn in crude oil was also felt in the vegetable

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were falling back on Wednesday morning, pulled down in part by profit-taking, a trader said. The trader also pointed to the weakness in the Chicago soy complex weighing on canola values. Also, declines in MATIF rapeseed and Malaysian palm oil were pressuring the

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, backing away from nearby highs as speculators booked profits. Losses in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed and Malaysian palm oil futures also lower on the day. A lack of significant export demand contributed to the declines, as

Sale to China has little effect on U.S. prices By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures bumped up on Tuesday, largely due to a lack of farmer selling. A trader said growers are presently more interested in selling their wheat and waiting to see if Canada and China reach a

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued upward on Tuesday morning, as a trader pointed to a lack of farmer selling of the oilseed. “In most years they’re selling canola to pay the bills. This isn’t one of them,” the trader said. “They’re selling wheat and they got a

Glacier FarmMedia — ICE canola futures were mostly lower Tuesday morning, seeing some consolidation after climbing to their highest levels in two-and-a-half months on Monday. While gains in Chicago soyoil provided spillover support, soybeans and soymeal were lower. Outside markets were also mixed, with gains in Malaysian palm oil and a softer tone in European

U.S. monthly crush, Trump comments propel soy higher By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange advanced on Monday, riding the spillover from sharp gains in the Chicago soy complex. Soy swung higher on an all-time record monthly crush and on comments from United States Donald Trump. On Friday,

Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Monday, hitting their highest levels in two-and-a-half months as a rally in the Chicago soy complex provided spillover support. Chart-based positioning contributed to the gains. Optimism over increased sales of soybeans from the United States to China after comments made by President Donald Trump