Glacier FarmMedia | MarketsFarm – The ICE Futures canola market dipped ahead of the announcement of the reciprocal tariffs by United States President Donald Trump at 3 p.m. CDT. An analyst said canola may be pressured by declining prices in the Chicago soy complex after the latter’s rally on Tuesday. He also believes “the worst of […] Read more
North American Grain/Oilseed Review: Canola, grains mostly lower
ICE Midday: Canola market in standstill ahead of tariff announcement
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was mixed on Tuesday, ahead of United States President Donald Trump’s announcement of his reciprocal tariffs at 3 p.m. CDT. An analyst said canola may be pressured by declining prices in the Chicago soy complex after the latter’s rally on Tuesday. He also believes “the worst […] Read more
ICE canola market awaits tariff announcement
The ICE Futures canola market was mixed on Wednesday ahead of the announcement of the reciprocal tariffs by United States President Donald Trump at 3 p.m. CDT. European rapeseed and Malaysian palm oil all made gains on Wednesday morning, while Chicago soyoil was steady. Crude oil was slightly down as tariff concerns outweighed lower supply. […] Read more
North American Grain/Oilseed Review: Canola rallies, soybeans surge
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market rallied on Tuesday, the day before United States President Donald Trump imposes potential tariffs on Canadian imports. Chicago soyoil was up sharply and European rapeseed was higher. Crude oil was mixed as the oil industry awaits the effects of the tariffs. Malaysian palm oil hasn’t […] Read more
ICE Midday: Canola extends rally
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market sharply rose in the middle of trading on Tuesday, assisted by higher Chicago soyoil prices. An analyst said soyoil received a boost after United States Department of Agriculture Secretary Brooke Rollins announced more than US$500 million in funding for biofuel infrastructure despite the lack of a […] Read more
ICE canola moves upward
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was up on Tuesday morning, the day before United States President Donald Trump imposes potential tariffs on Canadian imports. Chicago soyoil was higher, but European rapeseed was mostly lower. Crude oil saw slight gains as the oil industry awaits the effects of the tariffs. Malaysian […] Read more
North American Grain/Oilseed Review: Canola, corn, wheat make gains
USDA releases grain stocks, prospective plantings reports
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was mostly higher as the May contract eased back. One analyst said the rise in crude oil was lifting vegetable oil prices, and if the May canola contract gets to above C$620 per tonne, it could trigger a selloff. However, that depends on whether the […] Read more
ICE Midday: Canola rises with crude, palm oils
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed gains in the middle of trading on Monday, deriving strength from vegetable and crude oils. Malaysian palm oil sharply rose while crude oil was up more than US$1 per barrel after United States President Donald Trump warned buyers of Russian oil with tariffs and […] Read more
ICE canola steady to higher
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small gains on Monday morning, continuing its positive momentum from the past week. Malaysian palm oil was extremely strong, while European rapeseed was mostly positive and crude oil was higher after United States President Donald Trump warned buyers of Russian oil of tariffs and […] Read more
North American grain/oilseed review: Canola climbs higher Friday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Friday, nearing major chart resistance as the market continued to correct off nearby lows. The May contract gained C$41.70 per tonne over the week, finishing Friday’s session just shy of a gap on the charts between C$615 and C$617 […] Read more