Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market plummeted on Monday after China announced late Friday it will place 100 per cent tariffs on Canadian canola oil, meal and peas, as well as a 25 per cent duty on Canadian aquatic products and pork. The tariffs are retaliation for those placed by Canada on […] Read more
ICE Midday: Chinese tariffs sink canola
ICE Canada Morning Comment: Canola tumbles on China’s tariff plans
China retaliates against levies on its EV's, steel, aluminium
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – China lowered the boom on Canadian canola over the weekend which sent Intercontinental Exchange canola futures plummeting on Monday morning. In retaliation for the Canadian government imposing a 100 per cent tariff on imports of Chinese-made electric vehicles along with 25 per cent levies on its steel […] Read more
North American grain/oilseed review: Canola continues higher to end week
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, as traders continued to try and make sense of shifting tariff news out of the United States. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but President Donald Trump was back musing […] Read more
ICE canola climbing higher at midday Friday
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Friday, as gains in outside markets provided support. However, activity was choppy amid ongoing uncertainty over United States trade policies. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but the fickle nature […] Read more
ICE canola slowly climbing upward
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains on Friday morning with mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil gained more than US$1 per barrel after Russia said OPEC+ may reverse its planned output hike by April. European rapeseed was […] Read more
North American grain/oilseed review: Canola holds onto gains amid tariff uncertainty
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market held onto small gains on Thursday but settled well off its session highs as markets reacted to shifting tariff news out of the United States. U.S. President Donald Trump posted on social media that tariffs on Mexican imports would be delayed until […] Read more
ICE canola rising amid continued tariff uncertainty
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia| MarketsFarm — ICE Futures canola contracts were stronger at midday Thursday, as talk of possible easing of United States tariffs circulated the markets. U.S. President Donald Trump posted on social media that tariffs on Mexican imports that fall under the current Canada-U.S.-Mexico Agreement (CUSMA) would be delayed until April 2, […] Read more
ICE canola in positive territory
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was on the rise Thursday morning despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher while European rapeseed was down. Crude oil was steady after losing more than one U.S. cent per barrel on Wednesday. The Canadian dollar is up one-tenth […] Read more
North American grain/oilseed review: Canola corrects higher amid tariff uncertainty
Reading Time: 2 minutes By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market strengthened on Wednesday, as ideas Tuesday’s declines were overdone provided support. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade on Wednesday that an agreement may […] Read more
ICE canola correcting higher after initial tariff selloff
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was firmer at midday Wednesday, taking back some of Tuesday’s declines amid ideas the losses were overdone. Tariffs imposed the United States sparked a broad selloff that weighed on most markets on Tuesday, including canola. However, there was talk in the trade […] Read more