ICE Midday: Canola maintains upward momentum

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Tuesday trading amidst modest gains in crude and vegetable oils. An oil tanker was struck by a drone off the coast of Dubai earlier today, which slightly raised crude oil prices. Chicago soyoil was steady, while European rapeseed and Malaysian […] Read more

ICE canola slightly higher in early trading

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Tuesday morning despite little change to the Canadian dollar and crude oil prices. An oil tanker was struck by a drone off the coast of Dubai earlier today, which supported crude oil prices. However, gains were under US$1 per barrel. Chicago soyoil […] Read more



ICE Closing Review: Canola supported by comparable oils

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange were influenced by rising crude oil prices on Monday as there is no end in sight to the war in Iran. In addition, May canola tested the C$740 per tonne resistance level. An analyst said Houthi rebels entering the conflict will prolong it and raise crude […] Read more


ICE Midday: Crude oil lifts canola, vegetable oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange rose by double digits in the middle of Monday trading, mirroring the direction taken by comparable oils. An analyst said that May canola could encounter resistance at C$740 per tonne, adding that Houthi rebels entering the war in Iran will prolong the conflict and raise oil […] Read more

ICE canola follows comparable oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned higher on Monday morning, supported by rising comparable oils and a weaker Canadian dollar. United States President Donald Trump threatened on Monday to destroy Iran’s oil wells, power plants and the Kharg Island fuel hub if the Strait of Hormuz is not re-opened, raising crude […] Read more


ICE review: Canola falls with soy complex after early gains

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was weaker on Friday, retreating from early gains as losses in the Chicago soy complex weighed on values. Updated biofuel targets from the United States government were generally seen as supportive for vegetable oil demand, but the new regulations were expected and profit-taking ahead of the weekend […] Read more

CBOT review: Soybeans drop after biofuel announcement

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were weaker on Friday, seeing a “buy the rumour, sell the fact” reaction to updated biofuel targets from the United States government. The United States government set biofuel targets for 2026 at 26.81 billion RINs and 27.02 billion RINs for 2027. Large refiners will be required to […] Read more


ICE canola turning mixed at midday Friday

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were backing away from early gains at midday Friday, turning mixed as traders adjusted positions ahead of the weekend. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time […] Read more

ICE canola rising Friday morning

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were stronger Friday morning, taking some direction from crude oil and Chicago soyoil. Ongoing uncertainty over the war in the Middle East continued to keep some caution in the world energy markets, with the bias higher in crude oil for the time being. New measures to support farmers […] Read more