By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were posting increases on Friday morning. Support for the Canadian oilseed came from gains in Chicago soybeans and soyoil as well as European rapeseed. That was tempered by declines in Chicago soymeal and Malaysian palm oil. Crude oil was higher, underpinning the vegetable […] Read more
ICE Canada Morning Comment: Canola on the rise
North American grain/oilseed review: Canola corrects higher Wednesday
Glacier FarmMedia — ICE canola futures were stronger on Wednesday, taking back Tuesday’s losses as the market continued to consolidate above the five-month lows hit last week. Chicago soyoil was also higher, providing some spillover support for the Canadian oilseed. European rapeseed was up on the day as well, but soybeans and Malaysian palm oil […] Read more
ICE canola turning higher as day progresses
Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Thursday, recovering from early losses as oversold price sentiment provided support. Gains in Chicago soyoil and soybeans added to the firmer tone in canola, although European rapeseed was down on the day. While tight old crop supplies remained supportive, the advancing […] Read more
ICE Canada Morning Comment: Canola slightly lower
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were easing back on Thursday morning, in light of mixed support from comparable oils. There were gains in the Chicago soy complex and Malaysian palm oil but declines in European rapeseed. Crude oil was lower as well, putting pressure on the vegetable oils. […] Read more
ICE review: Canola corrects higher Wednesday
ICE canola futures were stronger on Wednesday, taking back Tuesday’s losses as the market continued to consolidate above the five-month lows hit last week. Chicago soyoil was also higher, providing some spillover support for the Canadian oilseed. European rapeseed was up on the day as well, but soybeans and Malaysian palm oil were lower. While […] Read more
ICE canola holding onto gains at midday Wednesday
Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, consolidating in a narrow range just above the five-month lows hit last week. While tight old crop supplies remained supportive, the new crop harvest is progressing rapidly amid relatively favourable weather conditions. Losses in Chicago soybeans put some pressure […] Read more
ICE Canada Morning Comment: Canola attempting to bounce back
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures swung higher on Wednesday morning, attempting to recover the previous day’s losses. Support for canola came from upticks in Chicago soyoil and European rapeseed, but losses in Chicago soybeans and soymeal as well as Malaysian palm oil limited the climb higher. Modest gains […] Read more
North American grain/oilseed review: Canola weakens with soyoil
Glacier FarmMedia — The ICE Futures canola market was weaker on Tuesday as a selloff in Chicago soyoil spilled over to weigh on values. The losses came despite confirmation of relatively tight canola ending stocks from Statistics Canada. Canadian canola stocks as of July 31, 2025, were estimated at 1.6 million tonnes by StatCan. That […] Read more
ICE canola weaker in choppy trade
Glacier FarmMedia — The ICE Futures canola market traded to both sides of unchanged Tuesday morning, with the bias pointing lower at midsession as losses in Chicago soyoil spilled over to weigh on prices. Malaysian palm oil was also weaker on the day, although gains in European rapeseed provided some spillover support. Harvest operations were […] Read more
ICE Canada Morning Comment: Canola trying to build momentum
StatCan releases stocks report
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to push higher on Tuesday morning, attempted to shed its overnight declines. Canola had been driven lower by losses in Chicago soyoil and Malaysian palm oil. Gains in Chicago soybeans and soymeal plus European rapeseed tempered further declines, while increases in […] Read more