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Aug. 21, 2024 at 10:42 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger at midsession Wednesday; however a trader wasn’t entirely sure as to why. He said there could be a rebalancing, or the speculative funds are at work. Nevertheless, canola was getting support from gains in the Chicago […]

Aug. 21, 2024 at 8:49 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained strength on Wednesday morning, deriving support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all on the rise. Meanwhile, crude oil was also up due to ongoing Middle East tensions. A major work stoppage on Canada’s […]

Aug. 20, 2024 at 2:34 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, losing most of yesterday’s gains. There was a lack of support coming from the Chicago soy complex, European rapeseed and Malaysian palm oil. Modest declines in crude oil put pressure onto the oilseeds. […]

Aug. 20, 2024 at 10:30 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the downside at midsession Tuesday, due to declines in other vegetable oils, according to an analyst. There were losses in the Chicago soy complex and European rapeseed, while Malaysian palm oil was mixed. Crude oil was […]

Aug. 20, 2024 at 8:44 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made a correction on Tuesday morning, moving lower due to declines in other vegetable oils. Chicago soyoil was down, as well as European rapeseed, while nearby Malaysian palm oil contracts were also in decline. However, crude oil was slightly higher. Teamsters […]