ICE Canada Morning Comment: Canola slipping back

Pressure coming from lower comparable oils

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Friday morning, due to a lack of support from comparable oils. Malaysian palm oil closed slightly lower and European rapeseed fell back, while the Chicago soy complex was mixed. Global crude oil prices turned around to edge higher, with some […] Read more

North American Grain/Oilseed Review: Canola strengthens, soybeans drop

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm — The ICE Futures canola market was higher on Thursday despite mixed comparable oils. European rapeseed and Malaysian palm oil made gains. However, Chicago soyoil was down and crude oil was lower as the trade weighed an upcoming meeting of OPEC+ and speculation over cuts to key interest rates in the United States. […] Read more


ICE Midday: Canola mixed in middle of trading

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed a lack of direction on Thursday to go along with mixed comparable oils. European rapeseed and Malaysian palm oil made gains. However, Chicago soyoil was down and crude oil was lower as the trade weighed an upcoming meeting of OPEC+ and speculation over cuts to […] Read more

ICE Canada Morning Comment: Canola climbing higher

November well above its 200-day moving average

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to push upward on Thursday morning, getting support from comparable oils. There were increases in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Moderate gains in crude oil spilled over into the oilseeds. The new crop November […] Read more



ICE Midday: Canola extends rally

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its momentum from Tuesday, rising to calendar-year highs on Wednesday. Canola was supported by Chicago soyoil and European rapeseed. However, Malaysian palm oil was down and so was crude oil after reports suggested a growth in United States stockpiles. The Canadian dollar was down one-tenth […] Read more


ICE Canada Morning Comment: Canola continuing to rally

AAFC raises canola ending stocks

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise Wednesday morning. While good seeding progress is expected to be made on the Prairies this week, rains still have the trade concerned about delays getting the crop into the ground. Support for canola also came from upticks in Chicago […] Read more

North American Grain/Oilseed Review: Canola up, grains mixed

Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed independent strength coming out of the Victoria Day long weekend amid weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on Tuesday, but had moved higher on Monday when the Canadian markets were closed. Crude oil was also lower […] Read more


ICE Midday: Canola higher after long weekend

Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The ICE Futures canola market was slightly higher coming out of the Victoria Day weekend despite weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on Tuesday morning. Crude oil was also lower as traders turn their focus to next month’s OPEC+ meeting. The Canadian dollar […] Read more

ICE Canada Morning Comment: More increases for canola

Despite pressure from comparable oils

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, building on Friday’s gains as trading resumed after the long weekend. There were still concerns about the rain across the Prairies that’s led to delays to spring planting. However, the moisture will be good for production in the […] Read more