SOYBEAN futures at the Chicago Board of Trade were lower on Friday, as traders tried to digest the latest tariff developments in the United States. Soybeans and soyoil fell sharply lower in immediate response to news the U.S. Supreme Court had declared President Donald Trump’s global tariffs illegal. Market participants were uncertain what the ruling […] Read more
CBOT review: Soybeans down Friday as Trump tariffs questioned
ICE review: Canola up despite U.S. tariff uncertainty
Glacier FarmMedia — The ICE Futures canola market recovered from early losses to settle with small gains in the most active months as traders digested the latest tariff uncertainty out of the United States. The U.S. Supreme Court ruled 6-3 Friday that President Donald Trump’s broad global tariffs were illegal, sparking sharp losses in soybeans […] Read more
ICE canola drops with soyoil Friday
ICE Futures canola contracts were lower at midday Friday, as a selloff in Chicago soyoil and soybeans spilled into the Canadian market. The United States Supreme Court ruled 6-3 Friday that President Donald Trump’s broad global tariffs were illegal, sparking sharp losses in soybeans and soyoil amid uncertainty over what the ruling will mean for […] Read more
ICE canola in the red
Glacier FarmMedia – Canola futures at the Intercontinental Exchange eased off on Friday morning as comparable oils declined. Chicago soyoil, European rapeseed and Malaysian palm oil were down. After hitting six-month highs on Thursday due to tensions between the United States and Iran, crude oil prices slightly dipped. The Canadian dollar was steady compared to […] Read more
CBOT review: Soybeans rise despite increased area
SOYBEAN futures at the Chicago Board of Trade were higher on Thursday, as optimism over increased export demand more than countered expectations for a larger crop in the United States. The U.S. Department of Agriculture forecast a 3.8 million-acre increase in domestic soybean plantings in 2026, predicting seeded area of 85.0 million acres at its […] Read more
ICE review: Canola uptrend continues Thursday
The ICE Futures canola market was stronger on Thursday, seeing a continuation of Wednesday’s rally. The close above C$680 per tonne in the May contract on Wednesday was supportive from a chart standpoint, said an analyst who expected the bullish technical signals encouraged additional speculative buying interest. Gains in Chicago soyoil and soybeans provided […] Read more
ICE canola uptrend continues at midday Thursday
Glacier FarmMedia — ICE Futures canola contracts were stronger at midday Thursday, seeing follow-through buying interest after Wednesday’s climb to six-month highs. The close above C$680 per tonne in the May contract on Wednesday was supportive from a chart standpoint, encouraging additional speculative buying interest. Gains in Chicago soyoil provided spillover support. European rapeseed and […] Read more
ICE canola lower despite oil strength
Glacier FarmMedia – Canola futures on the Intercontinental Exchange declined on Thursday morning, despite rising crude and vegetable oil prices. Chicago soyoil, European rapeseed and Malaysian palm oil were up. Crude oil was on the rise due to concerns over an increasing United States military presence in the Middle East. Also, peace talks between Russia […] Read more
ICE review: Canola hits six-month highs
Glacier FarmMedia — The ICE Futures canola market climbed to its highest levels in six months on Wednesday, as a rally in Chicago soyoil and bullish chart signals provided support. The May contract moved above psychological chart resistance at C$680 per tonne, encouraging additional speculative buying as fund traders moved to the long side […] Read more
ICE canola rising with soyoil
Glacier FarmMedia — ICE Futures canola contracts were posting solid gains at midday Wednesday, finding spillover support from a rally in Chicago soyoil. Soyoil remained supported by crush data released Tuesday that showed oilseed processors in the United States crushed 221.564 million bushels of soybeans in January — a new record for the month. The […] Read more