ICE Canola Midday: ‘We’re consolidating again’

Lower comparable oils weighing on values

Reading Time: < 1 minute Intercontinental Exchange canola futures were moving lower at midsession Monday, after running into resistance during the overnight session. “We had a really nice rally in canola and now we’re consolidating again,” an analyst commented. However, with Prairie temperatures forecast to exceed 30 degrees Celsius this week, the analyst noted that should be somewhat supportive. “Flowering […] Read more

ICE canola weaker Monday morning

Reading Time: < 1 minute By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, retreating from overnight gains as losses in outside markets and chart-based positioning weighed on prices. The November contract briefly traded above its 200-day moving average around C$661 per tonne in overnight activity before running into resistance. Losses in […] Read more


North American Grain/Oilseed Review: Canola, grains rise to end week

Reading Time: 2 minutes WINNIPEG — The ICE Futures canola market resumed its recent rally to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was lower despite smaller United States stockpiles and rising global equity markets. Malaysian palm […] Read more

ICE Midday: Canola enters weekend on high note

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its recent rise on Friday to go with mixed sentiment in vegetable oils and a weaker Canadian dollar. Chicago soyoil was higher coming out of Independence Day, while European rapeseed also made gains. Crude oil was also up due to fewer United States stockpiles and rising […] Read more


ICE Canada Morning Comment: Canola resumes upward climb

Oilseed's exports surpass 6 million tonnes

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, following the resumption of activity at the Chicago Board of Trade after the Independence Day holiday. The Chicago soy complex saw losses in soybeans and soyoil while soymeal was higher. Some of the ‘gusto’ of stronger Malaysian palm […] Read more

North American Grain/Oilseed Review: Canola down, U.S. markets closed

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly higher with reduced United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets were closed due […] Read more


ICE Midday: Canola increases on Fourth of July

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market was steady to higher on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly lower despite fewer United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets will […] Read more

ICE Canada Morning Comment: Smaller increases for canola

U.S. markets closed for holiday

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures edged higher on Thursday morning, as pressure from comparable oils was attempting to stymie the oilseed’s recent progress. Although the United States markets are closed for Independence Day, yesterday’s sharp gains in Chicago soyoil were still being felt in canola. There were declines […] Read more


North American Grain/Oilseed Review: Canola, soybeans on the rise

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm — The ICE Futures canola market consolidated its gains from Tuesday, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all showed sharp gains on Wednesday. Crude oil prices were slightly higher due to a 12 million-barrel weekly draw in United States stockpiles. One analyst said that […] Read more

ICE Midday: Canola continues to move upwards

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market consolidated Tuesday’s gains with help from vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all showing gains in the middle of trading on Wednesday. However, crude oil prices were slightly lower despite an expected draw in United States stockpiles. The U.S. markets will be […] Read more