Futures markets

Glacier FarmMedia — ICE Futures canola contracts remained pointed higher at midday Thursday, touching their highest levels in nearly four weeks. Optimism over Prime Minister Mark Carney’s visit China next week remained supportive, with ideas the trip could lead to an easing of Chinese tariffs on Canadian canola. Speculative short-covering and bullish chart signals contributed

     Glacier FarmMedia — The ICE Futures canola market settled at its highest levels in three weeks on Wednesday. Trade is expected to be a major topic when Canadian Prime Minister Mark Carney visits China next week, Jan. 13-17. Chinese tariffs have limited Canadian canola exports during the current marketing year, and optimism over possible

Glacier FarmMedia — ICE Futures canola contracts were higher at midday Wednesday, continuing the uptrend of the past week. Canadian Prime Minister Mark Carney will visit China Jan. 13-17, his office said Wednesday. Trade is expected to be a major topic of discussion. Stiff Chinese tariffs have limited Canadian canola exports during the current marketing

Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their respective rallies on Wednesday morning, with the March and May contracts exceeding their 20-day averages. Canadian Prime Minister Mark Carney will visit China next week where agriculture will be one of the topics discussed. Chicago soyoil, European rapeseed and Malaysian palm oil were higher.

Glacier FarmMedia — The ICE Futures canola market was mostly higher at Tuesday’s close, as speculative short covering and end-user bargain hunting provided support. However, a downturn in the Chicago soy complex tempered the upside. March canola settled right at its 20-day moving average, after climbing well above that level in early trade. Fund traders

By Phil Franz-Warkentin, MarketsFarm      WINNIPEG, Jan. 6 (MarketsFarm) — ICE Futures canola contracts were higher at midday Tuesday, seeing follow-through strength after Monday’s rally. March canola moved above its 20-day moving average, encouraging additional speculative buying. Fund traders were holding their largest net short position in canola of the past year at 91,500 contracts

Glacier FarmMedia – Canola futures on the Intercontinental Exchange remained on the rise on Tuesday morning with the March contract hitting the psychological C$620 per tonne level. While Malaysian palm oil was lower, Chicago soyoil and European rapeseed were higher. Crude oil also made gains as the situation between the United States and Venezuela continues.

ICE Futures canola contracts were higher on Monday, underpinned by advances in the Chicago soy complex. European rapeseed futures were also sharply higher on the day, with end-user bargain hunting after prices hit 16-month lows last week providing support. Reports that a Bunge-owned crusher in eastern Ukraine was damaged by a Russian attack also supported

Glacier FarmMedia — ICE Futures canola contracts were posting solid gains at midday Monday, finding spillover support from strength in the Chicago soy complex. European rapeseed was sharply higher on the day as well, although Malaysian palm oil held closer to unchanged. Bullish chart signals contributed to the gains in canola, with the March contract

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making gains on Monday morning, strengthened by comparable oils and a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil was up modestly despite inflamed tensions between the United States and Venezuela. The Canadian Grain Commission reported 121,000 tonnes