Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday close higher despite a lack of support. There were small upticks in the Chicago soy complex and Malaysian palm oil, while European rapeseed stepped back. Moderate declines in crude oil put pressure on the vegetable oils. An analyst said […] Read more
North American Grain and Oilseed Review: Canola finds a positive note
U.S. soy, corn tack on gains as wheat falls back
ICE Canola Midday: Looking to turn positive
Despite absence of support
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more
ICE canola continues lower Thursday morning
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Thursday morning, seeing a continuation of Wednesday’s selloff to post fresh five-month lows. Seasonal harvest pressure amid a lack of significant weather concerns contributed to the softer tone. Manitoba Agriculture reported 10 per cent of the province’s canola was harvested as of Sept. 3, with average yields […] Read more
North American Grain and Oilseed Review: Weakness in canola
A red day in Chicago
Reading Time: 2 minutes By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures sharply lower on Wednesday as part of the weakness in North American oilseeds. A trader said there’s little for canola or the Chicago soy complex to build on with China not being an overly active export buyer. The trader added that November canola […] Read more
ICE Canola Midday: Nothing to rally on
Canola poised to drop below C$600/tonne
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were dropping back on Wednesday morning due to a “lack of bullishness,” said a trader. The trader pointed to the weakness dominating the Chicago soy complex today as to why canola was retreating. He noted the soybean harvest is approaching in […] Read more
ICE canola touches fresh five-month lows
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains to post new five-month lows before uncovering some support. Losses in outside markets contributed to the softer tone in canola, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. Expectations for a large canola crop coupled with concerns over […] Read more
North American Grain and Oilseed Review: Canola improves
U.S. soybeans, wheat lower as corn bumps up
Reading Time: 2 minutes Intercontinental Exchange canola futures closed higher on Tuesday, following comparable oils to upside. A trader said the slow pace to the Canadian Prairie canola harvest might have contributed to the increases. Alberta reported its canola harvest was 0.4 per cent complete. The November canola contract improved in trying to catch up to its moving averages. […] Read more
ICE Canola Midday: Prices rising in turnaround
Slow start to canola harvest possibly one reason says trader
Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned around Tuesday morning and were pushing higher, getting support from gains in comparable oils. Activity resumed after being closed for Labour Day. A trader wasn’t entirely sure as to why the vegetable oils were higher. As for canola, the trader […] Read more
ICE canola continues lower to start week
Reading Time: < 1 minute Glacier FarmMedia — ICE canola futures were weaker Tuesday morning, seeing a continuation of last week’s losses as activity resumed following the Labour Day long weekend. Expectations for a large crop coupled with concerns over Chinese demand continued to overhang the market. Weakness in Chicago soybeans added to the softer tone in canola, although soyoil […] Read more
North American Grain/Oilseed Review: Canola tumbles, grains rise
Reading Time: 2 minutes Canola futures on the Intercontinental Exchange were still reeling on Friday following the release of Statistics Canada’s bearish canola production estimate as well as weaker comparable oil prices. StatCan projected the 2025-26 canola crop at 19.94 million tonnes in Thursday’s report, compared to 19.24 million last year and the five-year average of 18.25 million. An […] Read more