Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, trading near three-month highs. Supportive technical signals and demand rationing underpinned values, as charts remain pointed higher and supplies continue to tighten. Malaysian palm oil was sharply higher in overnight trade, although that market was starting to […] Read more
ICE canola strengthens Wednesday morning
North American Grain and Oilseed Review: Old crop canola retreats from early gains
A positive tone in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures failed to hang on to most of their gains in the old crop contracts on Tuesday, while the new crop positions were narrowly mixed. There were increases in Chicago soybeans and soyoil, as well as European rapeseed. Malaysian palm oil was relatively […] Read more
ICE Canola Midday: Oilseed holding firm
Support from most comparable oils
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed late Tuesday morning, getting some support from comparable oils. Increases in the Chicago soy complex and European rapeseed spilled over into the canola, while Malaysian palm oil was relatively steady. Upticks in crude oil added to the gains in the […] Read more
ICE canola at three-month highs Tuesday morning
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains Tuesday morning, as activity resumed after the long weekend. A firm tone in the Chicago soy complex provided underlying support, with European rapeseed and Malaysian palm oil also stronger. Chart-signals remain pointed higher, with canola futures touching […] Read more
North American Grain and Oilseed Review: Canola ends week on high note
More gains for U.S. soybeans, corn, wheat
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures found some love on Valentine’s Day from most comparable oils. The Canadian oilseed received support from Chicago soybeans and soymeal, as well as Malaysian palm oil and European rapeseed, but Chicago soyoil was lower. Meanwhile, losses in crude oil weighed on the […] Read more
ICE Canola Midday: Oilseed on the rise
Comparable oils mixed
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, reaping support from gains in most comparable oils. That included upticks in Malaysian palm oil and European rapeseed, but Chicago soyoil was to the downside. However, Chicago soybeans and soymeal were stronger. Meanwhile, modest declines in crude oil […] Read more
ICE canola finds higher ground
Reading Time: < 1 minute The ICE Futures canola market rebounded on Friday morning to go with positive sentiment in other markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also made gains after United States President Donald Trump did not immediately place tariffs on trading partners. The Canadian dollar was up four-tenths of a […] Read more
North American Grain and Oilseed Review: Canola loses grip on small increases
Positive turnaround in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were unable to hang on small increases at the end of Thursday’s session despite support from most comparable oils. Chicago soybeans and soyoil turned around today, but soymeal remained lower. Malaysian palm oil was also to the downside, while European rapeseed was […] Read more
ICE Canola Midday: Losses pressing for second day
Lack of support from comparable oils
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower late Thursday morning, due to a lack of support from comparable oils. The Chicago soy complex was relatively steady, while there were losses in European rapeseed and Malaysian palm oil. As crude oil stepped back, it put pressure on the vegetable […] Read more
ICE canola starts day in decline
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower on Thursday morning to go with negative sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were lower at the start of the day. Crude oil prices were also down on speculation of peace talks to end the Russian invasion of Ukraine. […] Read more