Futures markets

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday only for the fourth time in the last 20 sessions. The pressure from losses in the Chicago soy complex and European rapeseed was too much for canola despite support from gains in Malaysian palm oil. Declines in crude

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Wednesday morning, being pulled down by losses in the Chicago soy complex and European rapeseed. A broker said today’s trading would mark only the fourth red bar in 20 sessions. “It’s a phenomenal ride,” he stated, noting the day isn’t

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning, following declines in crude oil. Crude oil dropped due to rising United States stockpiles and hawkish sentiment from the U.S. Federal Reserve. European rapeseed and Malaysian palm oil were higher while Chicago soyoil was slightly lower. The Canadian dollar

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures rallied for a fourth consecutive session on Tuesday. Support came from the tightening canola supply situation in Canada as exports and domestic use remain strong. Gains in Chicago soyoil and European rapeseed spilled over into canola, but those increases were tempered by

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher on late Tuesday morning, in an attempt to extend their rally to a fourth consecutive session. Support for the Canadian oilseed came from a tightening supply situation and spillover from comparable oils. In Chicago, soybeans and soyoil swung upward while soymeal

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was narrowly mixed on Tuesday morning despite positive sentiment in comparable oils. While Chicago soyoil stayed put, European rapeseed and Malaysian palm oil were higher. Crude oil was also on the rise despite United States President Donald Trump imposing 25 per cent tariffs on steel and

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday due to tighter supplies. Statistics Canada reported canola stocks at the end of 2024 were about 19 per cent smaller than those the year before. Also, the Canadian Grain Commission said canola exports and domestic use remain strong.

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Monday morning, with the old crop contracts seeing larger increases while the new crop positions were up slightly. Tightening canola supplies in Canada contributed to the gains. Statistics Canada reported on Friday that total canola stocks were at

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was higher Monday morning, seeing a continuation of last week’s gains. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was up nearly US$1 per barrel despite concerns over tariff threats by United States President Donald Trump. The Canadian