By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures continued lower late Tuesday morning, in what an analyst called the “triple whammy” of lower crude oil prices, declines in vegetable oils and good crop ratings in the United States. There were losses in Chicago soybeans and especially soyoil, while soymeal nudged […] Read more
ICE Canola Midday: Combination of things pushing prices down
Nothing headline-grabbing says analyst
ICE canola retreats
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were down in early Tuesday trading, getting little support from comparable oils. However, a weaker loonie supported the oilseed. Chicago soyoil and Malaysian palm oil were lower while European rapeseed was mixed. Crude oil also declined due to the possibility of a summit between Ukraine, the United […] Read more
North American Grain and Oilseed Review: More losses for canola
U.S. prices down by little to modestly lower
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures stepped back on Monday, due to pressure from China’s tariffs on canola and good crop conditions on the Canadian Prairies. Added to that, Reuters reported China acquired 50,000 tonnes of canola from Australia, marking its first such purchase since 2020. While China […] Read more
ICE Canola Midday: Small losses for Canadian oilseed
Chinese tariffs weighing on values
By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures remained lower late Monday morning, as China’s recent tariffs on Canadian canola seed continued to weigh on values. However, an analyst said that Canada will likely reduce its canola exports for 2025/26 anyway, following its excellent 2024/25 program. Also, the analyst noted […] Read more
ICE canola lower out of the weekend
Canola futures on the Intercontinental Exchange were slightly lower on Monday morning amidst mixed sentiment in comparable oils. Chicago soyoil was lower but European rapeseed and Malaysian palm oil were higher. Crude oil was down as traders await a meeting between United States President Donald Trump and Ukrainian President Volodymyr Zelenskyy with other European leaders […] Read more
North American Grain/Oilseed Review: Canola, grains in the green
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday in choppy trade. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil prices were down in anticipation of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska today. The western Prairies […] Read more
ICE Midday: Canola making small gains
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher in the middle of Friday trading, continuing their choppy activity. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was lower. Crude oil was also down as the meeting between U.S. President Donald Trump and Russian President Vladimir Putin brought optimism in […] Read more
ICE canola softer in choppy pre-weekend trade
Glacier FarmMedia — ICE canola futures were weaker Friday morning, although activity was choppy as prices consolidated above nearby lows ahead of the weekend. The Chinese anti-dumping duties announced earlier in the week remained a bearish influence overhanging the market. However, canola futures appear to have found some support after the initial selloff, with some […] Read more
North American Grain/Oilseed Review: Canola, soybeans in the red
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were lower on Thursday, erasing most of Wednesday’s gains and regaining negative momentum as China’s new levy on Canadian canola imports came into effect today. An analyst said canola futures will be in choppy trade for the next few days. However, he also predicted prices will […] Read more
ICE Midday: Canola returns to the red
Glacier FarmMedia – Canola futures on the Intercontinental Exchange traded lower on Thursday, losing yesterday’s gains on account of weakness in vegetable oils. An analyst expects canola to take part in choppy trade over the coming days. However, he predicts canola prices will fall into the C$620 to C$630 per tonne range. Chicago soyoil and Malaysian […] Read more