Futures markets

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was steady to lower at midday Wednesday, with losses in the old crop July contract and a firmer tone in the new crop months. Proposed changes to biofuel policies in the United States sparked Tuesday’s rally that saw canola futures climb to

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market took back some of Tuesday’s gains on Wednesday morning, aided by a stronger Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was steady, while European rapeseed was lower and Malaysian palm oil was higher. Crude oil was down after a jump in United States

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market climbed to fresh contract highs on Tuesday, underpinned by optimism over proposed changes to biofuel policies in the United States. The amendments to U.S. biofuel policies proposed by the House Ways and Means Committee would see the 45Z biofuel tax credit

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was higher at midday Tuesday, with the largest gains in the new crop months. Advances in Chicago soyoil provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. Soybeans were weaker at midday, but they were off their session lows.

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market moved higher on Tuesday morning, following the lead of comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in positive territory, while crude oil also continued its upward momentum from Monday. The United States and China announced on Monday that the two countries

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed on Monday, as the old/new crop spread narrowed. A temporary pause on most tariffs between China and the United States lent early support to the soy complex with some of that buying spilling into the canola market. Tighter-than-expected soybean

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mixed at midday Monday, with losses in the old crop July contract and gains in the deferred months. A rally in the Chicago soy complex provided spillover support, as China and the United States reached a tentative trade truce and tariff

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market extended its rally on Monday morning as tight supplies and a strong export demand provided support for the oilseed. Chicago soyoil and European rapeseed were also higher, while Malaysian palm oil did not trade due to a holiday. Crude oil was up around US$2 per

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, settling at its highest levels since November 2023. Canada has exported 7.9 million tonnes of canola through the first nine months of the crop year, according to the latest weekly export sales data. That’s well ahead of

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, underpinned by supportive technical signals and the need to ration demand. Weekly Canadian canola exports of 184,500 tonnes were up eight per cent from the previous week, with 2024/25 year-to-date exports of 7.9 million tonnes. That’s