Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, settling at its highest levels since November 2023. Canada has exported 7.9 million tonnes of canola through the first nine months of the crop year, according to the latest weekly export sales data. That’s well ahead of […] Read more
North American grain/oilseed review: Canola at 18-month highs to end week
ICE canola strengthens at midday Friday
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, underpinned by supportive technical signals and the need to ration demand. Weekly Canadian canola exports of 184,500 tonnes were up eight per cent from the previous week, with 2024/25 year-to-date exports of 7.9 million tonnes. That’s […] Read more
ICE Canada Morning Comment: Canola pushing upward
Old crop supplies continue to dwindle
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning, as old crop supplies continued to shrink. The Canadian Grain Commission reported cumulative canola exports for 2024/25 reached 7.88 million tonnes, further exceeding the 7.50 million Agriculture and Agri-Food Canada projected for the marketing year. On […] Read more
North American grain/oilseed review: Canola weakens despite tight stocks
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market settled with small losses on Thursday after trading within a wide range. Confirmation of tightening supplies provided early support. Statistics Canada reported canola stocks in all positions as of March 31 at 5.9 million tonnes. That was down 38.7 per cent […] Read more
ICE canola retreats at midday Thursday
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Thursday, retreating from early gains after running into chart resistance. Confirmation of tightening supplies provided early support. Canadian canola stocks in all positions as of March 31 came in at 5.9 million tonnes, reported Statistics Canada. That was […] Read more
ICE Canada Morning Comment: Canola stocks down 39 per cent
Adds to the need for price rationing
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Thursday morning, following the Statistics Canada grain stocks report. StatCan said total canola stocks as of March 31 were estimated at 5.87 million tonnes, down from 9.58 million a year ago. The latest stocks came within trade expectations. […] Read more
North American grain/oilseed review: Canola climbs higher Wednesday
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market posted solid gains at Wednesday’s close after trading within a wide range. Tightening supplies and the need to ration demand accounted for some of the buying interest. Statistics Canada is set to release updated stocks data on Thursday. Canola stocks as […] Read more
ICE canola up at midday, but off session highs
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market held onto small gains at midday Wednesday but was trading well off its session highs. The old crop July contract briefly moved above the psychological C$700 per tonne mark before running into resistance. Increased optimism over possible trade talks between the United […] Read more
ICE Canada Morning Comment: Canola on the rise
StatCan stocks report to be released tomorrow
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange continued to push higher on Wednesday morning, building on gains made in the overnight session. The July contract was testing resistance at the psychological level of C$700 per tonne. It also remained well above its major moving averages, which underpins values. […] Read more
North American grain/oilseed review: Canola weaker after choppy day
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker on Tuesday after trading to both sides of unchanged in choppy activity. Chart-based speculative selling contributed to the declines as the nearby July contract fell below the psychological C$700 per tonne level. However, the new crop contracts lagged to […] Read more