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Jun. 24, 2024 at 11:01 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses at midday Monday, as contracts continued to consolidate in a narrow range just above nearby support. The November contract briefly dipped below the psychological C$620 per tonne level but managed to recover to […]

Jun. 24, 2024 at 8:44 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was lower coming out of the weekend due to negative comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both down on Monday morning, while European rapeseed was up. Crude oil was also slightly lower. The Canadian […]

Jun. 21, 2024 at 2:41 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are higher on Friday, maintaining its gains in light of pressure from most comparable oils. Today also saw the nearby July contract climb above its previous support level of C$600 per tonne. Support for canola came from […]

Jun. 21, 2024 at 10:36 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise at midsession Friday, but an analyst said those “might not be able to hold.” However, the analyst added that so far, it’s “a sunny day in canola.” He said one factor that could determine […]

Jun. 21, 2024 at 8:43 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the positive side of unchanged on Friday morning after heavy losses on Thursday. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small losses despite declines in United States stockpiles. […]