By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remained on the downside Thursday morning, pressured by the Statistics Canada report and by comparable oils. StatCan issued its crop production report this morning, pegging the 2025/26 canola crop at 19.94 million tonnes. That’s an increase of nearly 700,000 tonnes from […] Read more
ICE Canada Morning Comment: StatCan report weighs on prices
Canola production to rise in 2025-26
North American Grain/Oilseed Review: Canola, wheat prices move lower
WINNIPEG -– Canola futures on the Intercontinental Exchange ended the session lower on Wednesday, following the lead of Chicago soyoil instead of other comparable oils. While the soyoil was lower, European rapeseed and Malaysian palm oil were higher. Crude oil also made gains despite the war in Ukraine and 50 per cent tariffs implemented by […] Read more
ICE Midday: Canola in the red again
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly in negative territory in the middle of trading on Wednesday morning, pulled lower by losses in Chicago soyoil. Meanwhile, gains in European rapeseed and Malaysian palm oil were supportive. Crude oil was also higher as the trade weighed the war in Ukraine, United States stockpiles […] Read more
ICE Canada Morning Comment: Canola pulling back
StatCan to publish production report Thursday
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower on Wednesday morning, following small declines in the Chicago soy complex. Gains in European rapeseed and Malaysian palm oil helped to offset the losses in canola. Modest upticks in crude oil lent some support to the vegetable oils. Statistics […] Read more
North American Grain/Oilseed Review: Canola down, soybeans up
Glacier FarmMedia – Canola futures on the Intercontinental Exchange took a downturn on Tuesday, pressured by weakness in comparable oils. Chicago soyoil lost more than one United States cent per pound while European rapeseed and Malaysian palm oil were also down. Crude oil fell more than US$1 per barrel despite tensions between Russia and Ukraine. […] Read more
ICE Midday: Canola pressured by weaker oils
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were under pressure from weakness in comparable oils. Chicago soyoil lost nearly two United States cents per pound, with more declines in European rapeseed and Malaysian palm oil. Crude oil was also down despite Ukraine’s recent attacks on Russian power plants. An analyst said Chicago soyoil […] Read more
ICE Canada Morning Comment: Canola slips lower
Canadian oilseed forfeits overnight gains
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange saw overnight gains fade into small losses on Tuesday morning, pulled down by weaker vegetable oils. There were losses in Chicago soyoil, Malaysian palm oil and European rapeseed, as declines in crude oil weighed on the veg oils. Canola garnered some […] Read more
North American Grain/Oilseed Review: Canola loses momentum, grains up-and-down
Glacier FarmMedia — Canola futures on the Intercontinental Exchange could not hang onto gains from this morning and ended the session lower on Monday. An analyst said the early increases were due to tight old crop carryout. However, dry conditions for the Prairies will allow for harvest progress, while the widening November/January spread was also […] Read more
ICE Midday: Canola, crude oil move higher
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Monday, deriving strength from crude oil, while the November canola contract hovered near its 20-day moving average. Crude oil made gains after Ukraine attacked Russian energy infrastructure on Monday morning. Chicago soyoil and Malaysian palm oil were lower, but European rapeseed was higher. […] Read more
ICE Canada Morning Comment: Canola on the rise
Spillover support pushing up prices
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, gleaning support from comparable oils. There were gains in the Chicago soy complex and European rapeseed, but Malaysian palm oil was lower. Moderate increases in crude oil spilled over into the vegetable oils. The canola harvest across the […] Read more