Markets

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were dropping back on Wednesday morning due to a “lack of bullishness,” said a trader. The trader pointed to the weakness dominating the Chicago soy complex today as to why canola was retreating. He noted the soybean harvest is approaching in […] Read more

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains to post new five-month lows before uncovering some support. Losses in outside markets contributed to the softer tone in canola, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. Expectations for a large canola crop coupled with concerns over […] Read more

Intercontinental Exchange canola futures closed higher on Tuesday, following comparable oils to upside. A trader said the slow pace to the Canadian Prairie canola harvest might have contributed to the increases. Alberta reported its canola harvest was 0.4 per cent complete. The November canola contract improved in trying to catch up to its moving averages. […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned around Tuesday morning and were pushing higher, getting support from gains in comparable oils. Activity resumed after being closed for Labour Day. A trader wasn’t entirely sure as to why the vegetable oils were higher. As for canola, the trader […] Read more