North American grain/oilseed review: Canola drops Tuesday

Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday, seeing a profit-taking correction after climbing higher for the past few weeks. The November contract retested its 200-day moving average for the third session in a row overnight but was unable to hold at that level. Losses in crude […] Read more

ICE canola correcting lower

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, seeing a profit-taking correction after running into resistance. The November contract retested its 200-day moving average for the third session in a row overnight, but selling came forward at the highs. Losses in crude oil spilled […] Read more


ICE Canada Morning Comment: Canola weaker due to comparable oils

November remains above most support levels

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back Tuesday morning, following other comparable oils to the downside. In a corrective move there were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Crude oil as well was lower, adding more pressure on the oilseeds. Despite the […] Read more

North American grain/oilseed review: Canola uptrend continues Monday

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Monday, hitting fresh two-month highs as speculative short-covering provided support. The November contract settled just below its 200-day moving average. Chicago soyoil, European rapeseed and Malaysian palm oil futures were all higher on the day, providing spillover support. However, […] Read more


ICE canola uptrend continues to start another week

Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Monday, continuing its uptrend of the past few weeks. The November contract was trading above its 200-day moving average at midsession, with the supportive chart signal thought to be bringing in additional speculative short-covering. Chicago soyoil, European rapeseed […] Read more

ICE Canada Morning Comment: Canola nudges up, wary of soy losses

Support coming from rapeseed, palm oil

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were slightly higher Monday morning, getting spillover from increases in European rapeseed and Malaysian palm oil. However, declines the Chicago soy complex tempered further upticks in canola. Crude oil was on the rise, lending support to the vegetable oils. The November canola contract […] Read more


North American Grain and Oilseed Review: Canola clings to smaller increases

Harvest pressure, profit-taking weigh on CBOT values

Reading Time: 3 minutes Intercontinental Exchange canola futures were mostly higher on Friday, with gains in the upfront contracts as the more deferred positions edged lower. Support for canola came from another round of sharp increases in Malaysian palm oil along with modest upticks in European rapeseed. The Chicago soy complex failed to hang on to earlier gains, finishing […] Read more

ICE Canola Midday: Prices trade either side of unchanged

Soy complex now lower, weighing on values

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures are mixed in choppy trading as earlier gains faded and the Chicago soy complex turned lower. Support for canola was coming from sharp hikes in Malaysian palm along with more modest gains in European rapeseed. Increases in crude oil have scaled back from […] Read more


ICE Canada Morning Comment: More gains for canola

Most prices above major resistance levels

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise Friday morning, gleaning support from gains in comparable oils. Malaysian palm oil ended the week with another day of sharp increases, hitting fresh contracts highs. Upticks in the Chicago soy complex and European rapeseed also spilled over into canola. […] Read more

North American grain/oilseed review: Canola at two-month highs

Reading Time: 2 minutes By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, settling at its highest levels in two months as speculative short-covering provided support. Malaysian palm oil futures touched fresh contract highs in overnight activity, with European rapeseed and Chicago soyoil also stronger. However, losses in soybeans put some […] Read more