Futures markets

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Friday, as the recent rally turns into rangebound trading. An analyst said that without any fresh news canola has “no appetite to go higher.” Today’s losses saw the January canola contract slip behind its 20-day moving average, but it remained

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were pulling back mid-morning Friday, in what an analyst called “another day of non-descript trade.” The analyst said the recent rally in canola has turned into sideways trading due to a lack of fresh news, citing “no appetite to go higher.” There’s good

Glacier FarmMedia — ICE canola futures were weaker Friday morning, falling in sympathy with Chicago soyoil. European rapeseed and Malaysian palm oil were also down in overnight trade, with declines in crude oil behind some of the softness in the world vegetable oil markets. Weekly Canadian canola exports of 284,600 tonnes during the week ended

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures were virtually unchanged on Thursday, unable to retain their gains from earlier in the session. Although canola tried to resume its post-harvest upward trend, pressure from losses in the Chicago soy complex and Malaysian palm oil proved to be too much to fend

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were clinging to small increases on Thursday morning, as part of the seasonal trend to climb higher following the end of harvest, an analyst said. The analyst added that canola could be still trying to catch up to the increases made by Chicago

Glacier FarmMedia — ICE canola futures were posting small gains Thursday morning, taking back some of Wednesday’s losses as speculators adjusted positions. Advances in Chicago soybeans provided spillover support, although soyoil was softer. Outside markets were also mixed, with gains in European rapeseed and a weaker tone in Malaysian palm oil. Canola futures remained relatively

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