By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were dropping back on Wednesday morning due to a “lack of bullishness,” said a trader. The trader pointed to the weakness dominating the Chicago soy complex today as to why canola was retreating. He noted the soybean harvest is approaching in […] Read more
ICE Canola Midday: Nothing to rally on
Canola poised to drop below C$600/tonne
ICE canola touches fresh five-month lows
Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains to post new five-month lows before uncovering some support. Losses in outside markets contributed to the softer tone in canola, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. Expectations for a large canola crop coupled with concerns over […] Read more
North American Grain and Oilseed Review: Canola improves
U.S. soybeans, wheat lower as corn bumps up
Intercontinental Exchange canola futures closed higher on Tuesday, following comparable oils to upside. A trader said the slow pace to the Canadian Prairie canola harvest might have contributed to the increases. Alberta reported its canola harvest was 0.4 per cent complete. The November canola contract improved in trying to catch up to its moving averages. […] Read more
ICE Canola Midday: Prices rising in turnaround
Slow start to canola harvest possibly one reason says trader
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange turned around Tuesday morning and were pushing higher, getting support from gains in comparable oils. Activity resumed after being closed for Labour Day. A trader wasn’t entirely sure as to why the vegetable oils were higher. As for canola, the trader […] Read more
ICE canola continues lower to start week
Glacier FarmMedia — ICE canola futures were weaker Tuesday morning, seeing a continuation of last week’s losses as activity resumed following the Labour Day long weekend. Expectations for a large crop coupled with concerns over Chinese demand continued to overhang the market. Weakness in Chicago soybeans added to the softer tone in canola, although soyoil […] Read more
North American Grain/Oilseed Review: Canola tumbles, grains rise
Canola futures on the Intercontinental Exchange were still reeling on Friday following the release of Statistics Canada’s bearish canola production estimate as well as weaker comparable oil prices. StatCan projected the 2025-26 canola crop at 19.94 million tonnes in Thursday’s report, compared to 19.24 million last year and the five-year average of 18.25 million. An […] Read more
ICE Midday: Canola still in free fall
Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another sharp drop on Friday as Thursday’s report from Statistics Canada and weaker vegetable oils weighed on prices. StatCan projected the 2025-26 canola crop at 19.94 million tonnes, compared to 19.24 million last year and the five-year average of 18.25 million. An analyst believes there will […] Read more
ICE Canada Morning Comment: Canola still retreating
Comparable oils, StatCan report weigh on oilseed's prices
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued to pull back on Friday morning, getting pressure from losses in comparable oils and yesterday’s Statistics Canada report. The Chicago soy complex, European rapeseed and Malaysian palm oil were to the downside, with declines in crude oil weighing on vegetable […] Read more
North American Grain/Oilseed Review: Canola falls, U.S. grains mixed
Canola futures on the Intercontinental Exchange suffered double-digit losses on Thursday after the release of new data from Statistics Canada. StatCan’s first satellite/model-based crop production estimates of the year were released today, projecting the canola crop to total 19.9 million tonnes, compared to last year’s revised figure of 19.2 million and the five-year average of […] Read more
ICE Midday: Canola tumbles after StatCan report
Glacier FarmMedia – Canola futures on the Intercontinental Exchange extended their downturn in the middle of Thursday trading after the release of new data from Statistics Canada. StatCan released its first satellite/model-based crop production estimates earlier today with 2025-26 canola production projected at 19.9 million tonnes, compared to a revised value of 19.2 million in […] Read more