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Jun. 20, 2024 at 9:00 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small losses Thursday morning as contracts continued to consolidate just above nearby lows. Weakness in Chicago soybeans accounted for some spillover selling pressure, although soyoil was higher as activity resumed in the United States after […]

Jun. 19, 2024 at 2:21 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Wednesday, as an upward shove during the last minutes of trading turned prices positive. Canola came out of the overnight session with losses, only to rise up C$6 to C$7 per tonne during the […]

Jun. 19, 2024 at 10:52 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at midsession Wednesday, after a bout of volatility earlier. “Trading last night we were down a couple of bucks…and this morning we were up six or seven. Now we are down a couple of bucks again,” […]

Jun. 19, 2024 at 9:08 am CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was posting small gains Wednesday morning, seeing some follow-through buying as contracts continued to recover off nearby lows. European rapeseed and Malaysian palm oil were both up on the day, providing some spillover support. However, markets in the […]

Jun. 18, 2024 at 2:29 pm CDT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around to close higher on Tuesday, although gains faded from earlier highs. For a second day, the old crop July contract broke through its psychological support level of C$600 per tonne, but again recovered sufficiently to […]