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Jul. 19, 2024 at 10:15 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market saw early gains fade into the red on Friday despite persistent hot and dry weather on the Prairies. One trader said declining crush margins and negative outlooks for the Chicago soy complex are pressuring canola prices. Chicago soyoil, European rapeseed and […]

Jul. 19, 2024 at 8:43 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to add to their gains on Friday morning, as a Prairie heatwave poses a threat to the crop. That saw the November contract break above its resistance level of C$650 per tonne. A good amount of canola […]

Jul. 18, 2024 at 2:33 pm CDT

Glacier FarmMedia MarketsFarm — The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. European rapeseed sharply rose and gains in Chicago […]

Jul. 18, 2024 at 10:14 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market received a big boost on Thursday from hot weather in western parts of the Prairies. An analyst said that hot temperatures in Alberta and Saskatchewan during canola’s flowering stage could reduce yield potential. He added that lagging soybean prices could put […]

Jul. 18, 2024 at 8:42 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday morning, with the November contract within striking distance of its resistance level of C$650 per tonne. While there were upticks in Chicago soyoil, soybeans were lower, and soymeal was mixed. Additional support for canola […]