Glacier FarmMedia — ICE canola futures were weaker Thursday morning, with spillover selling pressure from losses in Chicago soyoil behind some of the declines. European rapeseed and Malaysian palm oil were also lower on the day. Ongoing concerns over Chinese demand, as anti-dumping duties imposed by the country come into effect today, remained a bearish […] Read more
ICE canola weakens with soyoil Thursday morning
North American Grain/Oilseed Review: Canola, soybeans on the rise
Glacier FarmMedia – Canola futures on the Intercontinental Exchange made gains on Wednesday as they underwent a correction after Tuesday’s severe losses. An analyst said prices were higher as some believed canola futures were oversold while low supply and support from soybeans also underpinned gains. Much of Saskatchewan and Alberta saw rain and cooler temperatures today. […] Read more
ICE Midday: Canola corrects itself
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday as the oilseed recovered some of its losses from Tuesday. An analyst said canola underwent a market correction as some believed futures were oversold. He also said rising soybean prices could also be supporting canola. Chicago soyoil was down, but European rapeseed […] Read more
ICE canola recovering some lost ground Wednesday morning
Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, seeing a modest correction after Tuesday’s selloff. Bargain hunting at the lows and ideas the losses were overdone from a chart standpoint contributed to the early advances. Chinese anti-dumping tariffs set to come into effect on Thursday will effectively halt demand from Canada’s largest customer […] Read more
North American Grain/Oilseed Review: Canola plunges, USDA releases estimates
Glacier FarmMedia – Canola futures on the Intercontinental Exchange had its worst day in recent memory on Tuesday. China announced earlier today it will impose a 75.8 per cent preliminary anti-dumping duty on Canadian canola starting Thursday. Prices fell by more than C$40 per tonne but made a small recovery before the end of the […] Read more
ICE Midday: Canola sinks under new Chinese levy
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were reeling in the middle of Tuesday trading after China announced it will implement a preliminary 75.8 per cent anti-dumping duty on Canadian canola imports starting Thursday. An analyst said there is no possible way for China to replace Canadian canola in full. He speculated that […] Read more
ICE canola drops as China imposes anti-dumping duty
Glacier FarmMedia — ICE canola futures were sharply lower Tuesday morning as China announced a preliminary anti-dumping duty of 75.8 per cent on Canadian canola imports. China accounted for roughly half of all of Canada’s canola exports in 2024/25, taking 4.6 million tonnes out of the total 9.1 million tonnes exported in the 11 months […] Read more
North American Grain/Oilseed Review: Soybeans support canola
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher coming out of the weekend, supported by rising soybean futures in the United States. On Sunday, U.S. President Donald Trump urged China on social media to quadruple its purchases of U.S. soybeans. This caused prices to rise significantly with the gains spilling over into […] Read more
ICE Midday: Canola supported by stronger soy complex
Glacier FarmMedia – Canola futures on the Intercontinental Exchange were on the rise in the middle of Monday trading as stronger soybean prices spilled over the oilseed. United States President Donald Trump urged China to quadruple its purchases of U.S. soybeans on social media on Sunday. A 90-day tariff pause on Chinese goods is set to […] Read more
ICE canola rising off nearby lows to start week
Glacier FarmMedia — ICE canola futures were posting solid gains Monday morning, seeing a recovery to start the week after closing at its lowest levels in two months on Friday. U.S. President Donald Trump posted to social media on Sunday that “China is worried about its shortage of soybeans,” and added that “our great farmers […] Read more