Futures

Gains all around in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday after trading to either side of unchanged. Increases in crude oil, the Chicago soy complex and Malaysian palm oil pulled canola out of its losses. Declines in MATIF rapeseed tempered further upswings. However, a […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned lower Wednesday morning following an earlier spate of choppy trading. A trader said there isn’t much to keep the “market lifted” and noted logistical issues have arisen due to the large Prairie harvest. “We’re hearing crushers are pushing away trucks,” […] Read more

Glacier FarmMedia — The ICE canola market was narrowly mixed Wednesday morning, seeing some consolidation after moving higher earlier in the week. Gains in Chicago soybeans and soyoil provided spillover support. Malaysian palm oil was also stronger, although European rapeseed was steady to lower. The ongoing lack of export sales to China remained a bearish […] Read more

U.S. soybeans rise, as corn, wheat decline By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher for a second consecutive session on Tuesday. Support came from an upswing in the Chicago soy complex, especially with soyoil climbing two-thirds of a cent per pound. An analyst said increases in canola need […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange swung higher late Tuesday morning, benefiting from gains in the Chicago soy complex, MATIF rapeseed and Malaysian palm oil. However, small declines in crude oil applied some pressure on the vegetable oils. An analyst said the November contract needed to remain […] Read more

Glacier FarmMedia — The ICE canola market was stronger Tuesday morning, as values continued to consolidate above nearby lows. Gains in Chicago soybeans and soyoil provided spillover support, with European rapeseed and Malaysian palm oil also higher on the day. Seasonal harvest pressure tempered the upside, with poor export demand also keeping the gains in […] Read more

Losses across the board in Chicago ahead of U.S. farm aid package By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures found traction on Monday, closing higher after a day of choppy trading. An analyst said harvest pressure on canola has begun to recede. The combining of the oilseed across the Prairies […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange was either side of unchanged on Monday morning in choppy activity. Support for canola was mixed, with small increases spilling over from Chicago soyoil and MATIF rapeseed. While Malaysian palm oil was either side of steady, there were declines in Chicago […] Read more

Glacier FarmMedia — The ICE canola market was posting small gains Monday morning, consolidating above nearby lows to start the week. Advances in Chicago soyoil provided spillover support. European rapeseed was also higher, although Malaysian palm oil was lower. The canola harvest was nearing completion across Western Canada, although recent precipitation may cause delays for […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange erased yesterday’s gains on Friday due to harvest pressure, less demand and weaker vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains after Russia attacked Ukrainian natural gas facilities Thursday night. An analyst said November canola may try […] Read more