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Aug. 1, 2024 at 8:47 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell back into the red on Thursday morning following weakness in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. After losing more than US$2 per barrel on Wednesday, crude oil was higher. The […]

Jul. 31, 2024 at 2:28 pm CDT

Glacier FarmMedia MarketsFarm — After a heavy downturn on Tuesday, the ICE Futures canola market recovered somewhat on Wednesday, with prices fueled by rising comparable oil prices. Crude oil gained more than US$2 per barrel due to shrinking United States inventories and the death of a Hamas leader after a missile […]

Jul. 31, 2024 at 10:10 am CDT

The ICE Futures canola market tried to recover from a heavy downturn in the middle of trading on Wednesday, fueled by rising comparable oil prices. Crude oil gained nearly US$2 per barrel due to shrinking United States inventories and the death of a Hamas leader after a missile strike in […]

Jul. 31, 2024 at 8:58 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains Wednesday morning, seeing a modest correction after falling sharply lower the previous three sessions. The November contract was trading back above the psychological C$620 per tonne level in early trade, which was supportive […]

Jul. 30, 2024 at 1:56 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Tuesday, falling below nearby support and hitting fresh two-week lows. Technical signals kept speculators on the sell side of the market, putting on fresh short positions after covering some of those bearish bets earlier […]