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Jun. 6, 2024 at 8:47 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made its way back into positive territory on Thursday morning, supported by comparable oils. There were sharp gains in Chicago soyoil and Malaysian palm oil, while European rapeseed was also higher. Crude oil moved slightly upward. The Canadian dollar was steady compared […]

Jun. 5, 2024 at 2:40 pm CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market dropped for the third session in a row on Wednesday, settling just above major support levels as chart-based selling pressure and a lack of significant end user demand weighed on values. Relatively favourable Prairie crop conditions for the […]

Jun. 5, 2024 at 10:59 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Wednesday, as bearish technical signals and spillover from outside markets weighed on values. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower, although firmness in soybeans limited the bearish influence […]

Jun. 5, 2024 at 8:48 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was slightly lower on Wednesday despite positive sentiment in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil also moved upward, providing some relief from heavy losses over the past two days. […]

Jun. 4, 2024 at 1:57 pm CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell to its weakest levels of the past month on Tuesday, seeing follow-through selling after Monday’s sharp drop. Large old crop supplies and favourable conditions for new crop development contributed to the declines, with end-users content to watch […]