Futures

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed with modest gains on Friday, after starting the session with sharp declines. The main reason for the turnaround was Chicago soyoil, which had its own about-face on Friday. The United States Environmental Protection Agency made its long-awaited decision on biofuel exemptions […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to recover from earlier losses on late Friday morning, as Chicago soyoil turned positive. Soyoil started Friday sharply lower after posting strong gains yesterday and it pulled along canola. A trader said the Trump administration was close to making an announcement […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Friday morning with mixed sentiment in comparable oils. Agriculture and Agri-Food Canada raised its production estimate for new crop canola by more than two million tonnes at 20.1 million in its monthly report on Thursday. Statistics Canada will release its satellite and model-based […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Thursday, gleaning ample spillover from sharp increases in Chicago soyoil and soybeans. There was additional support from gains in European rapeseed and Malaysian palm oil. Upticks in crude further underpinned the vegetable oils. The strong session came despite a […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on late Thursday morning, as they continued to take back the losses they incurred from China’s tariff on canola seed. Support for canola was coming from sharp gains in Chicago soyoil and soybeans, as well as from upticks in Malaysian palm […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed strength on Thursday morning, despite a bearish report from Agriculture and Agri-Food Canada and mixed comparable oils. In its monthly report released on Wednesday, AAFC raised its 2025-26 canola production estimate to 20.1 million tonnes compared to 17.8 million the previous month. Statistics Canada will release […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gained some traction on Wednesday, correcting higher after two sessions of losses. Good weather across the Prairies has continued to weigh on values. An analyst said the rains in August averted what was likely a below average canola crop. The analyst also […] Read more

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were bouncing either side unchanged on Wednesday morning, with a rally quite unlikely said an analyst. The change in weather, away from the dry conditions earlier this summer, has been impacting the futures the analyst said. He forecast the canola harvest to be […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday as comparable oils were mixed. European rapeseed was up, but Chicago soyoil and Malaysian palm oil were down. Crude oil made gains due to a draw in United States stockpiles and uncertainty over peace talks between Russia and Ukraine. Much of the […] Read more

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Tuesday, due to what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oil prices and good United States crop ratings. The analyst also noted the favourable conditions on the Prairies and the lack […] Read more