ICE Midday: Canola dips lower despite strength in oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in choppy trading on Friday. An analyst said there were many factors affecting canola prices including trade volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Chicago soyoil and European rapeseed were higher. There was no […] Read more

ICE Canada Morning Comment: Canola looking to add gains

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were attempting to climb higher on Friday morning, fending off a bout of choppiness. Support came from gains in Chicago soybeans and soyoil, as well as MATIF rapeseed, while Chicago soymeal was lower. With a holiday in Malaysia, the palm oil market was […] Read more


U.S. Grain/Oilseed Review: Positive movement in CBOT grains

Reading Time: 2 minutes Glacier FarmMedia – CORN posted gains for the third straight session and the sixth time in seven sessions on the Chicago Board of Trade on Thursday. The United States Department of Agriculture reported old crop corn export sales at 1.172 million tonnes for the week ended March 12, down 332,000 from the previous week. There […] Read more

ICE Closing Review: Canola climbs despite mixed comparable oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise steadily on Thursday while crude oil pulled back slightly. New Iranian attacks on crude oil infrastructure in the Middle East initially caused prices to increase. Brent crude oil surpassed US$112 per barrel this morning, while West Texas Intermediate exceeded US$100 for the first […] Read more


ICE Midday: Canola, crude oil move up

Reading Time: < 1 minute Glacier FarmMedia — Canola futures were higher on the Intercontinental Exchange on Thursday, as crude oil prices climbed further upward. An analyst said there’s a small chance that canola could reach C$830 per tonne if the war in the Middle East persists. Renewed Iranian attacks on oil facilities lifted crude oil prices with Brent crude […] Read more

ICE Canada Morning Comment: Canola pulling back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning, despite increases in most comparable oils. There was spillover from sharp gains in crude oil, which underpinned upticks in MATIF rapeseed and Malaysian palm oil. While Chicago soyoil was to the downside, soybeans and soymeal were higher. A […] Read more



ICE Closing Review: Canola breaks downward late in trading

Reading Time: 2 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange ended Wednesday in negative territory after showing gains for most of the session. Profit-taking and a drop in crude oil were the likely factors.      West Texas Intermediate crude oil was down after United States President Donald Trump suspended the Jones Act, which prevents foreign vessels […] Read more


ICE Midday: Canola maintains upward momentum

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise higher on Wednesday, although the gains have cooled from earlier today. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher in the middle of trading. Crude oil maintained its unfettered rise, gaining more than US$2.50 per barrel after […] Read more

ICE Canada Morning Comment: More gains for canola

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, shedding overnight losses. The Chicago soy complex turned around as well, with strong gains in soyoil. MATIF rapeseed and Malaysian palm oil were also on the rise. Following overnight attacks in the Middle East war, crude oil was […] Read more