Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished lower in choppy trading on Friday, unable to shrug off pressure from the latest United States tariff threats. On Thursday, U.S. President Donald Trump said he will impose a 35 per cent levy come Aug. 1 on top of current tariffs […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were recovering late Friday morning from losses generated by tariff threats from United States President Donald Trump on Thursday. As Canada-U.S. trade talks progress towards the deadline of July 21, the president said he would slap an additional 35 per cent levy […] Read more

Glacier FarmMedia — ICE canola futures were at fresh one-month lows Friday morning, as the market reacted to the latest tariff threats from the United States. U.S. President Donald Trump said in a letter late Thursday that tariffs on Canadian imports would climb to 35 per cent on Aug. 1, from the current level of […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday, riding support from other vegetable oils. Along with increases in European rapeseed, the Chicago soy complex turned around to finish on the upswing. However, Malaysian palm oil was still to the downside. Declines in crude oil put a […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Wednesday morning in an attempt to stabilize after a series of sharp losses. “Canola is staging a bit of a rally,” an analyst said, noting the markets were positioning ahead of tomorrow’s supply and demand report from the United […] Read more

Glacier FarmMedia — ICE canola futures were stronger Thursday morning, finding some support after hitting one-month lows the previous session. Dryness concerns in parts of Western Canada and tight old crop supplies contributed to the gains. Chicago soyoil was holding near unchanged in early activity, providing little direction. European rapeseed and Malaysian palm oil were […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell hard on Wednesday, as the Canadian oilseed resumed its downward trend after a one-day respite. The November contract is now below its 20- and 50-day moving averages. A broker said fund selling and relatively decent crop conditions on the Prairies are […] Read more

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures reverted to their downward drive with values notably lower late Wednesday morning. A broker said fund selling was one of the major factors behind the pullback with another being relatively decent conditions on the Prairies. The broker stressed that if conditions across […] Read more

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains with losses in outside markets accounting for some of the spillover selling pressure. Chicago soyoil and European rapeseed futures were lower, although Malaysian palm oil hit three-month highs overnight before running into resistance. Chart-based positioning was a feature, with the November […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, ending a series of sharp losses. A broker said the recent selloff petered out and the trade was concerned about tight old crop supplies. The trade also continued to be wary about dry conditions across much of the […] Read more