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May. 16, 2024 at 2:17 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger on Thursday, underpinned by chart-based positioning and ideas losses earlier in the week were overdone. Gains in Chicago soyoil provided spillover support, although soybeans were mixed. European rapeseed and Malaysian palm oil futures traded near […]

May. 16, 2024 at 10:56 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, underpinned by chart-based positioning and ideas losses earlier in the week were overdone. Gains in Chicago soyoil provided spillover support, although soybeans were lower. European rapeseed and Malaysian palm oil futures were […]

May. 16, 2024 at 8:39 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made moves to the upside on Thursday morning amid mixed sentiment in comparable oils. Chicago soyoil was higher, while European rapeseed traded in both sides of unchanged and Malaysian palm oil was lower. Crude oil also made slight gains. The Canadian […]

May. 15, 2024 at 2:26 pm CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker on Wednesday, retreating from early gains as chart-based speculative buying gave way to increased farmer selling. Early strength in Chicago soybeans and soyoil had provided support, but beans turned lower and soyoil moved off its […]

May. 15, 2024 at 10:42 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Wednesday, underpinned by chart-based positioning. Ideas that Tuesday’s losses were overdone had speculators back on the buy side of the market, with a firmer tone in Chicago soybeans and soyoil also providing some […]