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 Midday: Losses pressing for second day
Lack of support from comparable oils
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
North American Grain and Oilseed Review: Canola rally snaps
U.S. soybeans, wheat pull back, corn the outlier
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday only for the fourth time in the last 20 sessions. The pressure from losses in the Chicago soy complex and European rapeseed was too much for canola despite support from gains in Malaysian palm oil. Declines in crude […] Read more
ICE Canola Midday: Canadian oilseed pulling back
Down fourth time in 20 sessions
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Wednesday morning, being pulled down by losses in the Chicago soy complex and European rapeseed. A broker said today’s trading would mark only the fourth red bar in 20 sessions. “It’s a phenomenal ride,” he stated, noting the day isn’t […] Read more
ICE canola undergoes slight correction
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning, following declines in crude oil. Crude oil dropped due to rising United States stockpiles and hawkish sentiment from the U.S. Federal Reserve. European rapeseed and Malaysian palm oil were higher while Chicago soyoil was slightly lower. The Canadian dollar […] Read more
North American Grain and Oilseed Review: Canola’s rally keeps going
CBOT futures in red following S/D report
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures rallied for a fourth consecutive session on Tuesday. Support came from the tightening canola supply situation in Canada as exports and domestic use remain strong. Gains in Chicago soyoil and European rapeseed spilled over into canola, but those increases were tempered by […] Read more
ICE Canola Midday: Building on the rally
USDA report at 11 a.m. CST
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher on late Tuesday morning, in an attempt to extend their rally to a fourth consecutive session. Support for the Canadian oilseed came from a tightening supply situation and spillover from comparable oils. In Chicago, soybeans and soyoil swung upward while soymeal […] Read more
ICE canola lacking direction
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was narrowly mixed on Tuesday morning despite positive sentiment in comparable oils. While Chicago soyoil stayed put, European rapeseed and Malaysian palm oil were higher. Crude oil was also on the rise despite United States President Donald Trump imposing 25 per cent tariffs on steel and […] Read more
North American Grain and Oilseed Review: Dwindling supplies underpin increases
U.S. soybeans, wheat pull back
Reading Time: 3 minutes By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday due to tighter supplies. Statistics Canada reported canola stocks at the end of 2024 were about 19 per cent smaller than those the year before. Also, the Canadian Grain Commission said canola exports and domestic use remain strong. […] Read more
ICE Canola Midday: Tighter supplies pushing up prices
Reduced stocks with strong exports, domestic use
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Monday morning, with the old crop contracts seeing larger increases while the new crop positions were up slightly. Tightening canola supplies in Canada contributed to the gains. Statistics Canada reported on Friday that total canola stocks were at […] Read more