Glacier FarmMedia — The ICE Futures canola market was stronger on Monday, rising off the five-month lows hit last week amid ideas the market was looking overdone to the downside. Advances in Chicago soyoil and soybeans provided some underlying support, although canola outpaced the United States market higher. Supports to biofuel production announced by the […] Read more
North American grain/oilseed review: Canola climbs higher to start week
ICE canola holding onto gains at midday Monday
By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Monday, as the market consolidated above the five-month lows hit last week. Outside markets were providing little support, with the Chicago soy complex narrowly mixed and losses in European rapeseed. Malaysian palm oil moved higher overnight but was […] Read more
ICE Canada Morning Comment: Canola off to a positive start
Canola council takes umbrage with fed's announcement
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, getting support from gains in most comparable oils. There were increases in Chicago soybeans and soyoil, while soymeal edged lower. Malaysian palm oil was higher but European rapeseed was mixed. As crude oil advanced, its spillover underpinned the […] Read more
North American Grain and Oilseed Review: Canola loses momentum
Lots of red in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures failed to retain their gains on Friday, unable to withstand pressure from Chicago soy. Canola turned higher earlier in today’s session following news of China extending its investigation into allegations of canola dumping by Canada and a Canadian trade delegation heading to China […] Read more
ICE Canola Midday: Factors combine for upward swing
Feds to announce funding for canola, biofuels
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued to rise on Friday morning, with what a trader said was a combination of factors. “We had a nice turn off of the lows yesterday,” the trader said, pointing to canola’s technicals, adding that there had been some short covering. […] Read more
ICE canola rising Friday morning
Glacier FarmMedia — ICE canola futures were posting solid gains Friday morning, seeing a continuation of Thursday’s correction off five-month lows. China’s Ministry of Commerce said Friday it would prolong its anti-dumping probe into Canadian canola for six months, with a final ruling now not expected until March 9, 2026. The extension raised some optimism […] Read more
North American Grain and Oilseed Review: Canola finds a positive note
U.S. soy, corn tack on gains as wheat falls back
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures turned around on Thursday close higher despite a lack of support. There were small upticks in the Chicago soy complex and Malaysian palm oil, while European rapeseed stepped back. Moderate declines in crude oil put pressure on the vegetable oils. An analyst said […] Read more
ICE Canola Midday: Looking to turn positive
Despite absence of support
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were attempting to shed their losses on Thursday morning, despite little support from comparable oils. An analyst said canola has been dropping back this week due to increased yield expectations for this year and China’s tariffs on Canadian canola seed and […] Read more
ICE canola continues lower Thursday morning
Glacier FarmMedia — ICE canola futures were weaker Thursday morning, seeing a continuation of Wednesday’s selloff to post fresh five-month lows. Seasonal harvest pressure amid a lack of significant weather concerns contributed to the softer tone. Manitoba Agriculture reported 10 per cent of the province’s canola was harvested as of Sept. 3, with average yields […] Read more
North American Grain and Oilseed Review: Weakness in canola
A red day in Chicago
By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures sharply lower on Wednesday as part of the weakness in North American oilseeds. A trader said there’s little for canola or the Chicago soy complex to build on with China not being an overly active export buyer. The trader added that November canola […] Read more