ICE canola on the rise

Glacier FarmMedia — Canola futures on the Intercontinental Exchange maintained their positive momentum Wednesday morning as rising comparable oils and a weaker Canadian dollar supported prices. Chicago soyoil, European rapeseed and Malaysian palm oil were higher. Crude oil also made gains due to supply issues and a drop in United States inventories. The loonie was […] Read more

North American grain/oilseed review: Canola up in ‘turnaround Tuesday’ trade

Glacier FarmMedia — ICE canola futures strengthened in “turnaround Tuesday” activity, recovering most of Monday’s losses amid ideas recent declines were looking overdone. The November contract touched a session low of C$606.10 per tonne before uncovering support, marking the weakest level for the front-month contract since the end of March. A firmer tone in Chicago […] Read more


ICE canola holding onto small gains at midday Tuesday

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Tuesday, uncovering chart support after hitting its lowest levels in nearly six months in overnight trade. The November contract touched a session low of C$606.10 per tonne, marking the weakest level for the front-month contract since the end of March. The Chicago soy […] Read more

ICE canola shows little change

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Tuesday compared to their recent slump. Chicago soyoil and Malaysian palm oil were lower, while European rapeseed was mixed. However, crude oil was higher after Iraq delayed increasing its oil exports. The Prairies continue to be above normal with high temperatures in […] Read more



ICE canola weaker at midday Monday

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Monday, with losses in the Chicago soy complex accounting for some spillover selling pressure. The November contract fell to fresh six-month lows before uncovering some chart support to the downside. Relatively favourable weather conditions for the advancing harvest contributed to the declines, with […] Read more


ICE canola finds new depths

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued their downturn on Monday with the November contract falling to a six-month low. Harvest pressure and China’s tariffs on Canadian canola weighed on prices. The Chicago soy complex was down sharply with soyoil losing nearly one United States cent per pound due to favourable Midwestern […] Read more

North American Grain and Oilseed Review: Canola falls back

Trade, dollar weigh on U.S. values By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed lower on Friday, due to declines in comparable oil and the advancing Prairie harvest. There was weakness in Chicago soybeans and soyoil while soymeal eased back. Losses in European rapeseed and Malaysian palm oil added more […] Read more


ICE Canola Midday: Finding traction to the downside

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were lower late Friday morning, after starting the day trading either side of unchanged. “I don’t see anything that will move stuff dramatically,” an analyst said. Losses in Chicago soybeans and soyoil plus those in European rapeseed and Malaysian palm oil […] Read more

ICE canola weaker Friday morning

Glacier FarmMedia — The ICE canola market was weaker Friday morning, backing away from overnight gains as losses in Chicago soyoil weighed on prices. European rapeseed and Malaysian palm oil were also lower, although soybeans were holding near unchanged. Seasonal harvest pressure and ongoing concerns over lacking Chinese demand contributed to the softer tone in […] Read more