Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts fell to fresh nine-month lows on Thursday, lacking any supportive news to slow the slide. The “momentum” remains pointed lower in canola, said an analyst, accounting for the general weakness in the market as traders move to the sidelines ahead of the holidays. Much of the activity was […] Read more
ICE canola momentum pointing lower
ICE canola moves lower
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning amidst lagging exports and mixed sentiment in comparable oils. Agriculture and Agri-Food Canada released its monthly outlook on Wednesday, raising canola carryout by 450,000 tonnes from the November estimate at 2.95 million. Exports were up one million tonnes at eight million. […] Read more
North American grain/oilseed review: Canola downtrend continues
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market continued lower on Wednesday, setting fresh nine-month lows. Chicago soybeans and European rapeseed futures were also weaker on the day, although soyoil was higher at the final bell. Large supplies and the slow export pace continued to overhang the canola market, with burdensome ending stocks expected for […] Read more
ICE canola slide continues Wednesday
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts continued their downward slide of the past week at midday Wednesday, lacking any fresh supportive news. Losses in the Chicago soy complex accounted for some spillover selling pressure in the Canadian oilseed. European rapeseed was also lower, although Malaysian palm oil and crude oil were higher. Chart-based selling […] Read more
ICE canola lower despite rising crude oil
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange remained in negative territory on Wednesday morning as nearby prices stay at least C$30 per tonne below their 20-day averages. A lack of buying from China has put ongoing pressure on canola prices. However, the oilseed received support from comparable oils. European rapeseed and Malaysian palm […] Read more
North American grain/oilseed review: Canola continues lower
Reading Time: 2 minutes Glacier FarmMedia — The ICE Futures canola market continued to trend lower on Tuesday, hitting its lowest levels since March 2025. Sharp losses in crude oil spilled into the world vegetable oil markets, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower on the day. The move below C$600 per tonne in the […] Read more
ICE canola dropping with crude, vegetable oils
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Tuesday, hitting their lowest levels since March 2025. The move below C$600 per tonne in the nearby January contract was bearish from a technical standpoint. An analyst expected the March contract was also headed towards that level, as the futures converge ahead of the […] Read more
January canola falls below C$600/tonne
Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were still sliding back on Tuesday morning with no support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Crude oil was down by more than US$1 per barrel due to a stalling Chinese economy and progressing Russia-Ukraine peace […] Read more
North American grain/oilseed review: Canola at nine-month lows
Reading Time: 2 minutes The ICE Futures CANOLA market was weaker on Monday, hitting fresh nine-month lows. Losses in outside markets accounted for some spillover selling pressure, with Chicago soyoil, European rapeseed and Malaysian palm oil all down on the day. Large supplies and the ongoing lack of export demand from China continued to weigh on values, despite solid […] Read more
ICE canola continues lower to start week
Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were posting small losses at midday Monday, taking some direction from declines in the Chicago soy complex. The January soyoil contract fell below psychological chart support at 50 cents per pound, while the more-active March contract also tested that key technical level. Large supplies continue to overhang the […] Read more