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May. 13, 2024 at 11:05 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Monday, seeing some follow-through buying after Friday’s rally. Bullish technical signals contributed to the gains, with the new crop November contract moving above its 200-day moving average and the nearby July contract nearing […]

May. 13, 2024 at 8:43 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market came out of the weekend making small gains on Monday, thanks to mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were also up, while crude oil was on the rise due to signs China is trying to stimulate […]

May. 10, 2024 at 2:50 pm CDT

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply higher on Friday, taking back most of the losses posted the previous two sessions as a rally in Chicago soyoil provided spillover support. Monthly supply/demand estimates from the United States Department of Agriculture included the agency’s […]

May. 10, 2024 at 10:32 am CDT

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Friday, finding spillover support from Chicago soyoil as traders adjust positions ahead of the United States Department of Agriculture’s monthly supply/demand report. The monthly data will include the agency’s first balance sheets for […]

May. 10, 2024 at 8:51 am CDT

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was mixed on Friday morning despite mostly positive sentiment in comparable oils. Chicago soyoil and European rapeseed were higher, while crude oil was also in the green due to rising chances of key interest rate cuts by the United States Federal […]