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Sep. 27, 2024 at 10:33 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to pull back in most contracts by midday Friday, but flashes of a recovery were being seen. Canola was getting pressure from losses in Chicago soyoil, European rapeseed and Malaysian palm oil. Support was coming from strong […]

Sep. 27, 2024 at 8:45 am CDT

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm—The ICE Futures canola market was weaker Friday morning, seeing a continuation of Thursday’s retreat from nearby highs. A move back below C$600 per tonne in the November contract was bearish from a chart standpoint, bringing in additional selling pressure. Chicago soyoil, European rapeseed […]

Sep. 26, 2024 at 2:39 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around to close weaker on Thursday, despite recovering from losses earlier in the session. Pressure on the Canadian oilseed came from about-faces in the Chicago soy complex and in European rapeseed. Mounting declines in crude oil […]

Sep. 26, 2024 at 10:52 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower again by midday Thursday, after recovering from losses earlier in the session. The declines were spurred on by a turnaround in the Chicago soy complex which had been on the rise. Also, European rapeseed was fading […]

Sep. 26, 2024 at 8:54 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm—The ICE Futures canola market was weaker Thursday morning with chart-based positioning a feature of the choppy trade. Overnight advances in Chicago soyoil provided spillover support, although the soy market backed away as the North American day session got underway and canola also […]