ICE Closing Review: Old, new crop prices head in different directions

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Wednesday, amidst lower comparable oil prices and a stronger Canadian dollar. Chicago soyoil ended the day higher despite trading lower for most of the session. An analyst said the rallies for canola and soyoil will eventually run out of steam. European rapeseed and […] Read more

ICE Midday: Downward momentum for canola

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange returned to negative territory in the middle of Wednesday trading due to lower comparable oils and a stronger Canadian dollar. An analyst said canola’s declines can be attributed to those of Chicago soyoil, while expecting their respective rallies to run out. European rapeseed and Malaysian palm […] Read more


ICE Canada Morning Comment: Canola steps back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange pushed lower on Wednesday morning, following Chicago soyoil, Malaysian palm oil and MATIF rapeseed to the downside. There were also losses in Chicago soybeans but soymeal was higher. Gains in crude oil lent support to the vegetable oils. The May canola contract held […] Read more

U.S. Grain/Oilseed Review: Soybeans up, grains down

Reading Time: 2 minutes Glacier FarmMedia – SOYBEANS advanced on the Chicago Board of Trade on Tuesday after moving lower in its previous two sessions. Crop consultant Dr. Michael Cordonnier trimmed his estimate for Brazilian soybean production by one million tonnes at 178 million. Excessive rains in central Brazil and dryness in Rio Grande do Sul were the reasons […] Read more


ICE Closing Review: Canola advances, continues rally

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange saw gains for the fifth-straight session on Tuesday, getting support from Chicago soyoil. The May canola contract closed above C$700 per tonne for the first time since August. May Chicago soyoil exceeded the 60 U.S. cent per pound mark during trading for the fourth session in […] Read more

ICE Midday: Canola extends gains, supported by soyoil

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Tuesday trading, looking to extend the rally to a fifth-straight session. Canola prices were supported by added gains in Chicago soyoil, but an analyst warned the latter may be overbought. European rapeseed was higher, while Malaysian palm oil was […] Read more


ICE Canada Morning Comment: Canola dips

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange eased back on Tuesday morning due to a lack of support from other vegetable oils. Chicago soyoil was relatively steady and Malaysian palm oil was lower. Upticks in MATIF rapeseed tempered the declines in canola. Modest increases in crude oil underpinned the veg […] Read more

ICE Closing Review: Canola showing positive momentum

Reading Time: < 1 minute WINNIPEG -– Canola futures on the Intercontinental Exchange settled with small gains on Monday, while during trading the July contract surpassed C$700 per tonne for the first time.      An analyst said he expected selling activity soon after for the July contract. He also said rising canola prices have to do with the funds turning […] Read more


U.S. Grain/Oilseed Review: CBOT grains mixed

Reading Time: 2 minutes Glacier FarmMedia – SOYBEAN prices on the Chicago Board of Trade hit a three-month high before settling in negative territory on Monday. AgRural estimated the Brazilian soybean crop at 30 per cent harvested, compared to 39 per cent one year ago. The United States Department of Agriculture reported soybean export inspections for the week ended […] Read more

ICE Midday: Canola rising on soyoil, fund positions

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange looked to rally for a fourth straight session on Monday, supported by Chicago soyoil. May Chicago soyoil was up one United States cent per pound while exceeding 60 cents in value. An analyst said this was a primary reason for canola’s gains. European rapeseed and Malaysian […] Read more