Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, although activity was choppy and rangebound as participants squared positions ahead of United States tariffs set to come into effect next week. The May contract was trading near its 20-day moving average, after falling below the key […] Read more
ICE canola stronger Friday morning
North American Grain and Oilseed Review: Too much pressure on canola to sustain gains
Weakness highlights trading in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up their earlier gains on Thursday to close the day lower. Pressure on canola came from sharp losses in Malaysian palm oil and more modest declines in the Chicago soy complex. Upticks in European rapeseed and crude oil helped to temper […] Read more
ICE Canola Midday: Tariff threat encouraging forward buying
Trumps says tariffs are coming March 4
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures edged higher late Thursday morning on concerns over forthcoming tariffs to be imposed by the Trump administration. “The tariff story is still the dominant issue,” an analyst stressed, suggesting there could be an eleventh-hour deal on March 3 to further postpone the levies. […] Read more
ICE canola higher Thursday morning amid trade uncertainty
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains Thursday morning amid ongoing uncertainty over trade policies in the United States. After U.S. President Donald Trump hinted Wednesday that the broad 25 per cent tariffs on all imports from Canada and Mexico set to come into […] Read more
North American Grain and Oilseed Review: Short covering spurs canola increases
Day of losses in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around on Wednesday to climb higher, erasing a good chunk of their losses this week. An analyst credited the strength canola had to a “short-covering bounce.” He suggested that any tariffs the Trump administration could impose on Canada next week could […] Read more
ICE Canola Midday: Canadian oilseed swings higher
U.S. tariffs if imposed, likely won't last long - analyst
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the upswing late Wednesday morning in what an analyst called a “short covering bounce.” The analyst suggested that if the Trump administration does press ahead with their tariffs against Canada next week, those levies won’t be in place for that long […] Read more
ICE canola mixed in choppy early trade
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was trading to both sides of unchanged in choppy activity Wednesday morning, seeing some consolidation amid ideas sharp losses posted earlier in the week were overdone. Tightening supplies and the need to ration demand remained supportive for canola. Weakness in the […] Read more
North American Grain and Oilseed Review: Tariff threat holds back canola
Soy complex mixed, as corn, wheat lower
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained lower on Tuesday after a few attempts to push higher. The threat of United States tariffs continued to weigh on canola values. Although the U.S. isn’t among Canada’s top foreign buyers of the oilseed, it’s the main export customer of the […] Read more
ICE Canola Midday: Oilseed’s losses fading
U.S. tariff threats still loom over markets
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were attempting to recover by late Tuesday morning after they turned lower earlier. The threat of United States tariffs continued to be the main driver pushing canola downward. Although the U.S. is well back of Canada’s largest export customers of canola seed, it’s […] Read more
ICE canola continues lower Tuesday morning
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s sharp declines as an attempt at correcting higher ran out of steam. Canola had moved higher in overnight activity but quickly turned lower as the North American day session got underway. The […] Read more