ICE review: Canola holds onto small gains Thursday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was stronger on Thursday, taking some direction from activity in outside markets. Gains in crude oil amid the ongoing conflict in the Middle East remained supportive for global vegetable oil markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Widening canola crush margins contributed […] Read more


ICE canola continues higher in choppy trade

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Thursday, but off their session highs in choppy activity. Gains in crude oil amid the ongoing conflict in the Middle East remained supportive for global vegetable oil markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher on the day. Widening canola […] Read more

ICE canola in negative territory

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange declined on Thursday morning despite positive momentum in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil prices surged after Iran attacked vessels on the Strait of Hormuz. The International Energy Agency announced on Wednesday it will release 400 million barrels […] Read more


CBOT review: Soybeans, grains climb as crude flows disrupted

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, trading just short of the nearby highs hit on Monday. Crude oil was higher amid the escalating war in the Middle East, disrupting production and movement in the region. Optimism over upcoming trade talks between the United States and China contributed to the […] Read more

ICE review: Canola strengthens with crude oil

Reading Time: < 1 minute  Glacier FarmMedia — The ICE Futures canola market was stronger on Wednesday, but off its session highs at the close as profit-taking came forward to weigh on values. The May contract hit a high of C$742.50 per tonne, settling about nine dollars below that at C$733.30 per tonne. The escalating conflict in the Middle East […] Read more


ICE canola climbing higher at midday Wednesday

Reading Time: < 1 minute Glacier FarmMedia — ICE Futures canola contracts were sharply higher at midday Wednesday, as gains in crude oil and other vegetable oil markets were supportive. The escalating conflict in the Middle East provided the catalyst for much of the activity in the futures, with rising oil prices said to be leading to increased demand for […] Read more

ICE canola climbs with comparable oils

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange sharply jumped on Wednesday morning as comparable oils continued to rise. Chicago soyoil gained more than two United States cents per pound, while European rapeseed and Malaysian palm oil also made gains. Crude oil advanced more than two U.S. dollars per barrel after vessels in the […] Read more


CBOT review: Grains down, soybeans up following USDA

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were higher on Tuesday, despite losses in crude oil and soyoil. General uncertainty amid the escalating war in Iran led to wide price swings in the futures, as investors calculated what the conflict will mean for the global economy. The United States Department of Agriculture released updated […] Read more

ICE review: Canola falls with crude oil after choppy day

Reading Time: < 1 minute The ICE Futures canola market traded within a wide range Tuesday, settling with losses as sharp declines in crude oil weighed on values. Crude oil was pressured by comments from United States President Donald Trump claiming the war in Iran could end soon. Chicago soyoil, European rapeseed and Malaysian palm oil futures were weaker as […] Read more