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Aug. 16, 2024 at 8:42 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued lower on Friday morning, adding onto Thursday’s losses. There were declines in the Chicago soy complex, and Malaysian palm oil along with hard losses in European rapeseed. Crude oil prices were pulling back, adding more […]

Aug. 15, 2024 at 2:36 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market failed to hold onto earlier gains on Thursday, settling with small losses. Canola had started the session seeing a continuation of Wednesday’s corrective bounce, with advances in European rapeseed and the Chicago soy complex also supportive. Production […]

Aug. 15, 2024 at 10:28 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, seeing some follow-through buying interest after Wednesday’s corrective bounce off contract lows. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil also up on the day. […]

Aug. 15, 2024 at 8:40 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued upward on Thursday morning, adding on to yesterday’s gains. Short covering by the speculative funds aided the upswing into a second day. Support for canola also came from upticks in Chicago soybeans and soymeal, as […]

Aug. 14, 2024 at 11:01 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Wednesday, correcting off contract lows amid ideas the losses were overdone. Fund short covering accounted for much of the activity, according to a trader, as speculators were thought to be taking profits on […]