North American Grain and Oilseed Review: Canola swings higher

Reading Time: 2 minutes Losses across the board in Chicago ahead of U.S. farm aid package By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures found traction on Monday, closing higher after a day of choppy trading. An analyst said harvest pressure on canola has begun to recede. The combining of the oilseed across the Prairies […] Read more

ICE Canola Midday: Prices narrowly mixed

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange was either side of unchanged on Monday morning in choppy activity. Support for canola was mixed, with small increases spilling over from Chicago soyoil and MATIF rapeseed. While Malaysian palm oil was either side of steady, there were declines in Chicago […] Read more


ICE canola rising to start week

Reading Time: < 1 minute Glacier FarmMedia — The ICE canola market was posting small gains Monday morning, consolidating above nearby lows to start the week. Advances in Chicago soyoil provided spillover support. European rapeseed was also higher, although Malaysian palm oil was lower. The canola harvest was nearing completion across Western Canada, although recent precipitation may cause delays for […] Read more

North American Grain/Oilseed Review: Grains, oilseeds in negative territory

Reading Time: 2 minutes Glacier FarmMedia – Canola futures on the Intercontinental Exchange erased yesterday’s gains on Friday due to harvest pressure, less demand and weaker vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains after Russia attacked Ukrainian natural gas facilities Thursday night. An analyst said November canola may try […] Read more


ICE Midday: Pressure returns for canola

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were going down in the middle of Friday trading, mainly due to weaker vegetable oils, harvest pressure and a lack of exports. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil was higher after Russia attacked Ukrainian natural gas facilities last night. […] Read more

ICE Canada Morning Comment: Canola pulling back

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Friday morning, as the advancing Prairie harvest and a lack of support from most comparable oils weighed on values. Saskatchewan reported its provincewide harvest reached 84 per cent finished with the canola at 71 per cent complete. Alberta is set […] Read more


North American Grain/Oilseed Review: Canola, soybeans rise again

Reading Time: 2 minutes Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Thursday amidst mixed sentiment in comparable oils.      Chicago soyoil was steady, European rapeseed was mostly higher and Malaysian palm oil was up. Crude oil lost more than US$1 per barrel on speculation OPEC+ might raise output in November.      An analyst said […] Read more

ICE Midday: Canola finds strength

Reading Time: < 1 minute Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Thursday trading amidst mixed sentiment in comparable oils. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was in a downturn on speculation OPEC+ could boost output next month. However, G7 finance ministers […] Read more


ICE Canada Morning Comment: Canola pushing upward

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued higher on Thursday morning, attempting to add to yesterday’s increases. However, there was pressure from the advancing Prairie harvest and comparable oils. Manitoba reported yesterday that its overall harvest was 72 per cent completed, with 76 per cent of canola combined. Saskatchewan […] Read more

North American Grain/Oilseed Review: Canola, soybeans make gains

Reading Time: 3 minutes Glacier FarmMedia -– Canola futures on the Intercontinental Exchange corrected themselves on Wednesday after the November contract dropped below C$600/tonne for a brief period. Stronger soybean and vegetable oil prices underpinned gains.      An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might […] Read more