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
ICE canola at three-month highs Tuesday morning
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
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