Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed small gains on Tuesday morning while comparable oils declined. Despite the United States starting a blockade in Iranian ports on Monday, crude oil prices were down nearly US$2 per barrel due to speculation that the U.S. and Iran could resume negotiations to end the war. […] Read more
ICE canola higher, crude oil drops
U.S. Grain/Oilseed Review: Soy weaker as wheat stronger, corn dips
Gains in crude oil fail to pull up soybeans, corn
SOYBEAN futures at the Chicago Board of Trade were weaker on Monday, despite spillover from crude oil. The prices of crude were higher after the United States and Iran failed to reach an agreement after weekend talks in Pakistan. President Donald Trump said he’s ordered a naval blockade of Iranian ports until vessels can safely […] Read more
ICE Closing Review: Finishing either side of steady
Losses in soy weigh on canola values
By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed mixed on Monday, after starting out with strong increases due to hikes in crude oil. However, by the afternoon the gains in crude were no longer as large. Sharp losses in Chicago soybeans and soyoil limited canola’s upside. MATIF rapeseed lost much of its […] Read more
ICE Canola Midday: Higher crude, higher canola
Losses in beans, bean oil tempering the upside
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued higher mid-session Thursday, pushed up by sharp increases in crude oil. Talks in Pakistan between the United States and Iran failed to reach an agreement, and U.S. President Donald Trump said he’s imposing a naval blockade of Iran until all vessels can […] Read more
ICE canola rises with crude oil
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in positive territory coming out of the weekend as crude oil prices surged once again. The United States military announced it will begin a blockade of ships entering and exiting Iranian ports at approximately 9 a.m. CDT. Peace talks between the U.S. and Iran ended […] Read more
CBOT review: Soybeans rise with soymeal
SOYBEAN futures at the Chicago Board of Trade were stronger on Friday, underpinned by solid crush margins and pre-weekend positioning. Adjustments to the soyoil/meal spread favoured meal, with soyoil futures posting losses. Soymeal received a boost from news of private export sales of 100,000 tonnes of U.S. soymeal to Italy. The tenuous ceasefire in the […] Read more
ICE review: Canola weakens with soyoil Friday
Glacier FarmMedia — The ICE Futures canola market was lower at Friday’s close, as losses in Chicago soyoil weighed on values. Chart-based selling contributed to the declines, with prices near their lowest levels of the past month. May canola traded just above chart support at its 50-day moving average. Ongoing uncertainty over the war in […] Read more
ICE canola weaker at midday Friday
Glacier FarmMedia — ICE Futures canola contracts were mostly lower at midday Friday, as losses in Chicago soyoil and positioning ahead of the weekend weighed on values. Malaysian palm oil was also weaker, but European rapeseed and Chicago soybeans were higher on the day. May canola traded just above chart support at its 50-day moving […] Read more
ICE Canada Morning Comment: Canola stepping back
By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mostly lower on Friday morning, with increases in the more deferred contracts. Losses in Malaysian palm oil and Chicago soyoil weighed on canola values, while support came from gains in MATIF rapeseed as well as Chicago soybeans and soymeal. Crude oil was […] Read more
CBOT review: Soybeans rise, grains down Thursday
Glacier FarmMedia — SOYBEAN futures at the Chicago Board of Trade posted small gains Thursday, as advances in crude oil provided some support. The U.S. Department of Agriculture released updated supply/demand estimates, leaving its U.S. soybean ending stocks projection for 2025-26 at 350 million bushels, after lowering exports by 35 million bushels and raising domestic […] Read more