Archives

Nov. 19, 2024 at 2:35 pm CST

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Tuesday, falling to the lower end of its sideways trading range as values dipped below chart support and speculative selling built on itself. January canola settled below both its 20- and 200-day moving averages […]

Nov. 19, 2024 at 10:56 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, as it continued bounce around within a sideways trading range. Canola “has been stalled in a range for some time now,” said a trader. Losses in Chicago soyoil accounted for some spillover […]

Nov. 19, 2024 at 8:45 am CST

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Tuesday morning, pressured by losses in comparable oils. There were declines in Chicago soybeans and soyoil, but slight increases in soymeal. Malaysian palm oil was relatively steady while European rapeseed was mixed. Crude oil was […]

Nov. 18, 2024 at 2:50 pm CST

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market settled with small gains in the most active contracts on Monday, recovering from earlier losses after finding chart support. The January contract dipped below its 20-day moving average in early activity but settled just above that technical point. […]

Nov. 18, 2024 at 10:42 am CST

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, taking some direction from outside vegetable oil markets. Chicago soyoil and Malaysian palm oil futures were both lower to start the week, although European rapeseed was mixed. The January canola contract dipped […]