ICE Canada Morning Comment: Canola resumes sliding back

Weakness from other edible oils

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange resumed their declines on Thursday morning, being pulled lower by losses in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were to the downside. Upticks in Chicago soybeans and soymeal helped to stem further losses in canola. Crude oil […] Read more

North American Grain/Oilseed Review: Canola rises, grains bearish after USDA report

Glacier FarmMedia MarketsFarm — The ICE Futures canola market rallied to close higher after earlier losses on Wednesday as agricultural markets reacted to the latest supply/demand estimates from the United States Department of Agriculture. While the USDA numbers included only a few changes, soyoil futures settled with small gains and soybeans showed some recovery after hitting […] Read more


ICE Midday: Canola remains in decline

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued to show weakness on Wednesday to go with mixed sentiment in comparable oils as traders await the release of the United States Department of Agriculture’s monthly supply/demand report out later in the day. While Chicago soyoil and European rapeseed were lower, Malaysian palm oil was […] Read more

ICE Canada Morning Comment: Canola slipping back

Down despite ample support

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were modestly lower on Wednesday morning, despite support from comparable oils. There were gains in the Chicago soy complex and Malaysian palm oil, but European rapeseed was lower. Increases in crude oil spilled over into the oilseeds. The United States Department […] Read more


North American Grain/Oilseed Review: Canola down, wheat recovers

Glacier FarmMedia MarketsFarm -– The ICE Futures canola market traded in negative territory on Tuesday despite receiving some support from comparable oils. Relatively favourable Prairie weather conditions and large old crop supplies weighed on values, with bearish technical signals contributing to the declines as the November contract slipped below its 50-day moving average. Chicago soyoil was […] Read more

ICE Midday: Canola weaker despite support from oils

Glacier FarmMedia MarketsFarm – The ICE Futures canola market traded in negative territory on Tuesday despite receiving some support from comparable oils. Chicago soyoil was up, while European rapeseed was steady to higher. Malaysian palm oil made gains in the nearby contracts. After rising higher on Monday, crude oil was slightly lower on Tuesday. The Canadian […] Read more


ICE Canada Morning Comment: Canola continues to recede

Good crop prospects across Prairies

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange remained lower on Tuesday morning as prospects for a good crop on the Prairies weighed on values. Pressure on canola also came from declines in Chicago soybeans and soyoil, as well as Malaysian palm oil while European rapeseed was narrowly mixed. […] Read more



ICE Midday: Canola exits weekend in the red

Glacier FarmMedia MarketsFarm – The ICE Futures canola market started the week off under pressure despite mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were both trading in negative territory on Monday, while European rapeseed was slightly higher. Crude oil was up US$1 per barrel ahead of reports from OPEC+ and the […] Read more

ICE Canada Morning Comment: Canola starts week on a lower note

Pressure coming from several sources

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Monday morning, giving up its overnight gains. Support came from upticks in the Chicago soy complex and European rapeseed while declines in Malaysian palm oil weighed on values. Slight increases in crude oil spilled over into the oilseeds. Large old […] Read more