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Nov. 25, 2024 at 8:50 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Monday morning, seeing a modest correction off nearby lows to start the week. Ideas that the canola market was looking oversold after last week’s sharp declines contributed to the gains, with advances in Chicago soyoil […]

Nov. 22, 2024 at 2:35 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market moved lower for the fourth-straight session on Friday, retreating from overnight advances to hit its weakest levels in two months. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all weaker, which weighed on the Canadian oilseed. […]

Nov. 22, 2024 at 10:59 am CST

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its downward slide at midday Friday, hitting fresh two-month lows as losses in outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, leaving canola hard-pressed to find […]

Nov. 22, 2024 at 8:44 am CST

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed on Friday morning, attempting to pull away from two-month lows. Support for canola was coming from gains in Chicago soybeans and soymeal, along with European rapeseed. Sharp declines in Malaysian palm oil and more modest […]

Nov. 21, 2024 at 2:39 pm CST

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market fell for the third-straight session Thursday, hitting its weakest levels in two months as values broke below chart support. The move below C$600 per tonne in the January contract was bearish from a technical standpoint, encouraging additional […]