ICE Midday: Canola rising despite veg oil declines

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange made modest gains in the middle of trading on Wednesday despite weakness in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were in negative territory. However, crude oil gained more than US$1 per barrel after United States President Donald Trump announced a […] Read more

ICE Canada Morning Comment: Canola trying to stay positive

Oilseed stepping away from larger gains

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were clinging on to small gains on Wednesday morning, fading from larger increases after Chicago soybeans and soyoil started the day on the downside. Losses in European rapeseed and Malaysian palm oil added more pressure on to canola. Gains in crude oil […] Read more



ICE Midday: Canola advancing on crude, soyoil

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory on Tuesday, gaining support from crude oil and Chicago soyoil. An analyst said new sanctions of Russia’s oil fleet are raising the price of crude, while Chicago soyoil was moving up. However, European rapeseed and Malaysian palm oil were lower. The […] Read more


ICE Canada Morning Comment: Canola looking for traction

Mixed support from comparable oils

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed on Tuesday morning following the lead of comparable oils. Support for canola came from gains in Chicago soybeans and soyoil. However, declines in Malaysian palm oil, European rapeseed and Chicago soymeal kept a lid on further increases in canola. […] Read more



ICE Midday: Canola drifting higher

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small increases in the middle of trading on Monday, mirroring little movement in vegetable oils. Chicago soyoil was steady while European rapeseed and Malaysian palm oil were slightly higher. Crude oil also made gains, with an analyst saying it was supported by upcoming talks […] Read more

ICE Canada Morning Comment: Trying to shrug off overnight declines

Tight supplies, new crop issues hover over canola futures

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were either side of unchanged on Monday morning, attempting to recover from overnight losses. Support for canola is mixed, with spillover coming from slight upticks in Chicago soyoil and Malaysian palm oil. European rapeseed along with Chicago and soymeal eased back while […] Read more



ICE canola climbing higher at midday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midday Friday, moving back above some key chart levels. The nearby July contract was trading comfortably above C$700 per tonne at midday, after having tried and failed to hold above that level on several occasions throughout […] Read more