Futures

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were under pressure from weakness in comparable oils. Chicago soyoil lost nearly two United States cents per pound, with more declines in European rapeseed and Malaysian palm oil. Crude oil was also down despite Ukraine’s recent attacks on Russian power plants. An analyst said Chicago soyoil […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange saw overnight gains fade into small losses on Tuesday morning, pulled down by weaker vegetable oils. There were losses in Chicago soyoil, Malaysian palm oil and European rapeseed, as declines in crude oil weighed on the veg oils. Canola garnered some […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange could not hang onto gains from this morning and ended the session lower on Monday. An analyst said the early increases were due to tight old crop carryout. However, dry conditions for the Prairies will allow for harvest progress, while the widening November/January spread was also […] Read more

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Monday, deriving strength from crude oil, while the November canola contract hovered near its 20-day moving average. Crude oil made gains after Ukraine attacked Russian energy infrastructure on Monday morning. Chicago soyoil and Malaysian palm oil were lower, but European rapeseed was higher. […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, gleaning support from comparable oils. There were gains in the Chicago soy complex and European rapeseed, but Malaysian palm oil was lower. Moderate increases in crude oil spilled over into the vegetable oils. The canola harvest across the […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed with modest gains on Friday, after starting the session with sharp declines. The main reason for the turnaround was Chicago soyoil, which had its own about-face on Friday. The United States Environmental Protection Agency made its long-awaited decision on biofuel exemptions […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to recover from earlier losses on late Friday morning, as Chicago soyoil turned positive. Soyoil started Friday sharply lower after posting strong gains yesterday and it pulled along canola. A trader said the Trump administration was close to making an announcement […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Friday morning with mixed sentiment in comparable oils. Agriculture and Agri-Food Canada raised its production estimate for new crop canola by more than two million tonnes at 20.1 million in its monthly report on Thursday. Statistics Canada will release its satellite and model-based […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, gleaning ample spillover from sharp increases in Chicago soyoil and soybeans. There was additional support from gains in European rapeseed and Malaysian palm oil. Upticks in crude further underpinned the vegetable oils. The strong session came despite a […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on late Thursday morning, as they continued to take back the losses they incurred from China’s tariff on canola seed. Support for canola was coming from sharp gains in Chicago soyoil and soybeans, as well as from upticks in Malaysian palm […] Read more