Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued lower at midday Wednesday, being dragged down further by declines in the Chicago soy complex, said a trader. “We’re looking at the U.S. market more than anything else,” the trader said. “We had a nice little run yesterday. Canola has

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures stepped back Wednesday morning, following the Chicago soy complex to the downside. There were also losses in Malaysian palm oil, while MATIF rapeseed was mostly higher. Upticks in crude oil lent support to the vegetable oils. A record canola harvest and virtually no

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, getting some support from gains in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. A trader suggested that the speculative funds also held sway over the canola market, pushing prices higher. The trader said the canola crushers have having

Canola futures finish higher on Tuesday afternoon, getting support from other veg oils. In Chicago, the holiday trading lead to soybeans, corn and wheat taking a step back. Here’s your Dec. 30 afternoon grain and oilseed market update.

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher at midday Tuesday, however a Winnipeg-based trader said he’s unsure as to what’s supporting the increases. The trader suggested the gains might be due to the speculative funds, which he believes have a great deal of control over the