Futures markets

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, seeing follow through buying interest after Thursday’s corrective bounce off nearby lows. Tightening supply projections and solid export demand underpinned the futures. Weekly Canadian canola exports of 174,800 tonnes were up 24 per cent from the previous

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was mixed on Friday morning amidst weakness in comparable oils. Chicago soyoil and Malaysian palm oil were down to start the day, while European rapeseed was mostly lower. Crude oil was also in negative territory after United States president-elect Donald Trump threatened to impose tariffs

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, rising for the first time in six sessions amid ideas recent losses were overdone. The March contract was back above C$600 per tonne, which was supportive from a chart standpoint. Tightening supply projections and solid end user demand

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, correcting off nearby lows amid ideas the recent losses were overdone. The most-active March contract was back above C$600 per tonne, which was supportive from a chart standpoint. Tightening supply projections and solid end user demand also

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar dipped on Thursday morning, as calls for Prime Minister Justin Trudeau to resign ramped up in recent days as his Liberal government teeters on the verge of collapse. As of 8:37 am CST, the loonie was at US$0.6968 or US$1=C$1.4350 compared to Wednesday’s close of

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market bounced back on Thursday morning, supported by rising comparable oils and a weaker Canadian dollar. Chicago soyoil and European rapeseed are up to start the day, while Malaysian palm oil is higher in the nearby contracts. Crude oil is also moving upward after the United States

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Wednesday, as sharp losses in the Chicago soy complex spilled over to weigh on values. Uncertainty over biodiesel policy in the United States accounted for much of the weakness in soybeans and soyoil, with European rapeseed and Malaysian palm

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, taking direction from the Chicago soy complex. Soyoil and soybean futures were sharply lower on uncertainty over biodiesel policy in the United States, as the country’s updated Congressional spending bill included no mention of extending blenders tax

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was still in decline on Wednesday morning, dragged down by weakness in vegetable oils. Malaysian palm oil, Chicago soyoil and European rapeseed all suffered heavy losses. Meanwhile, crude oil was higher due to tighter United States stockpiles. The Canadian dollar dipped by less than one-tenth

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell below nearby chart support on Tuesday as losses in Chicago soybeans and soyoil spilled over to weigh on prices. Bearish technical signals contributed to the declines, although the underlying fundamentals remained supportive. Canola remains cheap compared to most other oilseeds, with