Futures markets

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were climbing higher by late Wednesday morning, after getting some traction. Trading in the Canadian oilseed was choppy earlier, with prices either side of unchanged. A broker said canola will most likely remain sideways for now. He noted the Canadian Grain Commission will

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was mostly higher Wednesday morning as the July contract approaches its previous resistance level of C$690 per tonne. However, an analyst said canola is likely to trade sideways until planting conditions are more clear. Meanwhile, Chicago soyoil was steady and European rapeseed was down, but

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday. An analyst said Prairie basis levels for canola have improved recently as a means to get farmers to sell more of the oilseed. However, the analyst said canola is likely to trade sideways until there’s a clearer picture

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher by late Tuesday morning. An analyst said the oilseed is likely to trade sideways until planting conditions on the Prairies are clear. He added that some price rationing is still needed as Canada is running out of canola. Some basis levels

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was on the rebound Tuesday morning with help from comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil followed equities’ lead and made gains. However, European rapeseed was lower. The Canadian dollar was down nearly two-tenths of a United States cent compared

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures stepped back on Monday after trading resumed following the Easter long weekend. Canola values were higher this morning but turned around on pressure from declines in the Chicago soy complex and Malaysian palm. The European rapeseed market was closed for a holiday.

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower by late Monday morning, turning around from earlier increases. An analyst said he’s not surprised most of the markets are down today, including canola, due to concerns United States President Donald Trump could fire Federal Reserve Chair Jerome Powell. Pressure on

Glacier FarmMedia | MarketsFarm — The ICE canola futures market showed some independent strength coming out of the Easter Weekend. Chicago soyoil, European rapeseed and Malaysian palm oil declined to start the week. Crude oil dropped by more than US$1 per barrel on reported progress towards a deal between the United States and Iran over

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Thursday, retreating from earlier gains as traders booked profits and adjusted positions ahead of the Easter weekend. Markets will be closed April 18 for Good Friday. While gains in Chicago soyoil provided spillover support, soybeans, European rapeseed and Malaysian

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Thursday, showing little signs of slowing the month-long uptrend as the market continues to work to ration demand. Canada has already exported about 7.2 million tonnes of canola during the 2024/25 marketing year — only 300,000 tonnes short of