Futures markets

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher Friday morning, with solid gains in the old crop July contract while the new crop months held closer to unchanged. Tightening supplies and the need to ration demand accounted for some of the buying interest in the front month, with chart-based positioning

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, as gains in Chicago soyoil and weakness in the Canadian dollar provided support. The July contract briefly traded above C$700 per tonne but ran into resistance and backed off its highs by the close. A rally in Chicago soyoil provided spillover support,

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were mixed at midday Thursday, with losses in the nearby July contract and a firmer tone in the more deferred positions. Gains in Chicago soyoil and weakness in the Canadian dollar provided support, as crush margins showed some improvement. Tightening old crop supplies

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly stronger Thursday morning, recovering from overnight losses as a turn higher in Chicago soyoil provided support. Soybeans were also firm, while European rapeseed and Malaysian palm oil markets were closed for May 1 holidays after posting losses yesterday. Tightening old crop supplies and

The July contract on the ICE canola futures was higher on Wednesday, while new crop positions were slightly lower with a downturn in comparable oils. Canola is “still undervalued a little bit,” an analyst commented, noting there’s the possibility for a counter-rally or a “dead cat bounce.” However, another analyst said he doesn’t expect any

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was higher in the July contract while other contracts dropped. An analyst said canola is still considered to be undervalued and there is the possibility of a counter-rally or a “dead cat bounce.” However, another said he doesn’t expect any breakout on the upside. Chicago soyoil,

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Wednesday morning, seeing some follow-through selling. Values continued to back away from nearby highs amid ideas the futures had become overbought. Losses in the Chicago soy complex added to the softer tone in canola. European rapeseed and Malaysian palm oil were also lower.

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market suffered losses from negative sentiment in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down, while crude oil lost more than US$1 per barrel due to concerns over a potential trade war and weakening demand. An analyst said technical signals on Monday

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market sustained heavy losses on Tuesday from largely negative sentiment in comparable oils. Chicago soyoil and European rapeseed were down while crude oil lost more than US$1 per barrel due to concerns over a potential trade war and weakening demand. An analyst said technical signals on

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s correction off nearby highs with speculative positioning a feature. Losses in Chicago soybeans and soyoil accounted for some spillover selling pressure, with European rapeseed and Malaysian palm oil also lower on the day.