Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were stronger Monday morning after moving to both sides of unchanged in overnight activity. The trade deal with China announced Friday and expectations for a resumption of canola exports to the country remained supportive to start the week. Chinese tariffs on Canadian canola seed will drop from 75.8 per […] Read more
ICE canola continues higher to start week
North American Grain/Oilseed Review: Canola up on new trade deal, positives for U.S. grains, oilseeds
Reading Time: 2 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Friday, hours after Canada and China announced a new trade deal which included the reduction and removal of tariffs on the oilseed. Canadian canola meal and other agricultural products will have their tariffs lifted by March 1, while canola seed will see its […] Read more
ICE Midday: Canola cautiously higher on new trade deal
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Friday after Canada and China announced a new trade deal this morning. China will eliminate tariffs on Canadian canola meal, lobster, crabs and peas beginning on March 1, while canola seed will see a sharply reduced 15 per cent tariff. There were […] Read more
ICE Canada Morning Comment: Tariffs on canola to drop
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Following the trade agreement reached between Canada and China, canola futures on the Intercontinental Exchange were higher on Friday morning. However, the gains stepped back from stronger increases earlier. Reports said the deal includes China cutting its tariffs on Canadian canola seed to 15 per cent come March 1, […] Read more
North American Grain/Oilseed Review: Soybeans rise higher, grains in red
Reading Time: 3 minutes Glacier FarmMedia – SOYBEAN futures at the Chicago Board of Trade extended their rallies, with the March contract up by double digits. The United States Department of Agriculture reported export sales of 2025-26 soybeans totalled 2.062 million tonnes for the week ended Jan. 8, exceeding the trade’s expectations. Export sales for 2025-26 and 2026-27 soymeal […] Read more
ICE Midday: Canola fuelled by vegetable oils
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making solid gains in the middle of Thursday trading, receiving support from vegetable oils. A Reuters report said that the United States will finalize its biofuel quotas by March and drop import penalties, giving a boost to oilseeds. Malaysian palm oil was mixed, but European […] Read more
ICE Canada Morning Comment: Strong increases for canola
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Thursday morning, building on gains from the overnight session and despite weakness in comparable oils. With sharp losses in crude oil there were declines in Chicago soyoil and Malaysian palm oil, while MATIF rapeseed was steady to lower. Gains in Chicago soybeans […] Read more
North American Grain/Oilseed Review: Canola pulls back, U.S. grains higher
Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange returned to the red on Wednesday, receiving little support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains due to inflamed tensions in Iran. Canadian Prime Minister Mark Carney landed in China earlier today for […] Read more
ICE Midday: Canola takes a step back
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Wednesday trading amidst a weaker Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was relatively steady, while European rapeseed and Malaysian palm oil were down. Crude oil made gains as tensions escalate in Iran. Canadian Prime Minister […] Read more
ICE Canada Morning Comment: Canola continues higher Wednesday
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures tacked on modest gains Wednesday morning, adding to Tuesday’s sharp increases. Support for canola came from upticks in the Chicago soy complex, while slight declines in MATIF rapeseed and Malaysian palm oil limited the upswing. Higher crude oil prices underpinned the vegetable oils. Canadian Prime […] Read more