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Dec. 3, 2024 at 2:01 pm CST

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was up for the fourth session in a row on Tuesday, as gains in world vegetable oil markets provided support. Chicago soyoil recovered off nearby lows, while Malaysian palm oil hit fresh contract highs in overnight trade. […]

Dec. 3, 2024 at 10:39 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains midday Tuesday, although well off its session highs as Chicago soyoil backed away from its own increases. January canola hit a session high of C$596.30 per tonne but was about C$10 off […]

Dec. 3, 2024 at 8:41 am CST

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made double-digit gains on Tuesday morning, supported by rising comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in positive territory. Crude oil was up US$1 per barrel after OPEC+ announced it will extend its supply cuts to […]

Dec. 2, 2024 at 2:23 pm CST

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, recovering from overnight losses to see a continuation of last week’s correction off nearby lows. Tightening supply projections and solid end user demand remained supportive from a fundamental standpoint. Statistics Canada releases updated […]

Dec. 2, 2024 at 10:50 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains at midday Monday, seeing a continuation of last week’s correction off nearby lows. “The fundamentals on canola look good,” said an analyst pointing to tightening supply projections and solid end user demand. […]