Futures markets

Glacier FarmMedia — ICE canola futures were stronger Monday morning, taking back most of Friday’s losses to start the week. The January contract was trading just below two-month highs, facing resistance around C$655 per tonne. Gains in the Chicago soy complex provided spillover support, with talk of increased Chinese purchases of soybeans from the United

Glacier FarmMedia -– Canola futures erased earlier gains to end Friday in the red after declines in United States grains and oilseeds carried over into canola.      An analyst said that if January canola stayed above C$650 per tonne for the entire session, it would build up a “base of resistance”. However, he also warned

Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their rally on Friday. An analyst said if the January contract can stay above C$650 per tonne throughout the entire session, it would begin to establish a “base of resistance”. However, he also believes the contract to be slightly overbought. The Canadian Grain Commission reported

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped Friday morning, moving away from nearby resistance levels. Canola exports continued to lag well behind last year’s pace. The Canadian Grain Commission reported those exports for the week ended Nov. 9 dropped to 121,200 tonnes from the previous week’s 188,400. The year-to-date

Glacier FarmMedia -– Canola futures closed higher on Thursday while support from comparable oils varied.      Chicago soyoil was down, European rapeseed was up and Malaysian palm oil was mixed. Crude oil made small gains to recover a fraction of Wednesday’s losses.      An analyst said that despite recent optimism that Canada and China will

Glacier FarmMedia – ICE canola futures were slightly higher Thursday morning amid mixed sentiment from comparable oils. Chicago soyoil was down, while European rapeseed was up and Malaysian palm oil was mixed. Crude oil made small gains, correcting from Wednesday’s losses. An analyst said despite recent optimism that Canada and China will eventually resolve their

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were slightly lower on Thursday morning, struggling to hang onto overnight gains. There’s support for canola from increases in the Chicago soy complex and MATIF rapeseed while Malaysian palm oil is relatively steady. Upticks in crude oil were spilling over into the vegetable

Glacier FarmMedia – Canola futures on the Intercontinental Exchange closed slightly higher on Wednesday in choppy trading that saw heavy pressure from comparable oils.      Crude oil was down US$2.50 per barrel after OPEC+ said supply will rise to match demand in 2026. Meanwhile, Chicago soyoil, European rapeseed and Malaysian palm oil also finished the

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were seeing choppy trade on Wednesday after earlier losses amidst pressure from comparable oils. Benchmark crude oil prices were down US$2 per barrel after OPEC+ said supply will match demand in 2026. Also, United States sanctions on Russian oil have caused the latter to be priced

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, as trading resumed following Remembrance Day. Canola was feeling the pressure from declines in Chicago soybeans and soyoil, plus losses in Malaysian palm oil and MATIF rapeseed. Crude oil was to the downside as well, weighing on vegetable