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Jul. 8, 2024 at 2:41 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Monday, consolidating after a strong rally last week. An analyst pointed out the coming hot temperatures across the Prairies this week will put stress on flowering canola and that might see an upward climb […]

Jul. 8, 2024 at 10:18 am CDT

Intercontinental Exchange canola futures were moving lower at midsession Monday, after running into resistance during the overnight session. “We had a really nice rally in canola and now we’re consolidating again,” an analyst commented. However, with Prairie temperatures forecast to exceed 30 degrees Celsius this week, the analyst noted that […]

Jul. 8, 2024 at 8:56 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, retreating from overnight gains as losses in outside markets and chart-based positioning weighed on prices. The November contract briefly traded above its 200-day moving average around C$661 per tonne in overnight activity before […]

Jul. 5, 2024 at 2:20 pm CDT

WINNIPEG — The ICE Futures canola market resumed its recent rally to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was lower despite smaller United States stockpiles and rising […]

Jul. 5, 2024 at 10:18 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its recent rise on Friday to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was also up due to fewer […]