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Oct. 8, 2024 at 2:25 pm CDT

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday, seeing a profit-taking correction after climbing higher for the past few weeks. The November contract retested its 200-day moving average for the third session in a row overnight but was unable to hold at […]

Oct. 8, 2024 at 10:56 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, seeing a profit-taking correction after running into resistance. The November contract retested its 200-day moving average for the third session in a row overnight, but selling came forward at the highs. […]

Oct. 8, 2024 at 8:38 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back Tuesday morning, following other comparable oils to the downside. In a corrective move there were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Crude oil as well was lower, adding more pressure […]

Oct. 7, 2024 at 2:28 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, hitting fresh two-month highs as speculative short-covering provided support. The November contract settled just below its 200-day moving average. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the […]

Oct. 7, 2024 at 11:04 am CDT

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Monday, continuing its uptrend of the past few weeks. The November contract was trading above its 200-day moving average at midsession, with the supportive chart signal thought to be bringing in additional speculative […]