ICE Canada Morning Comment: Canola still falling back

StatCan issues plantings projections

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures held to their downward trend on Wednesday morning, as tariff issues continued to apply pressure. Along with China’s 100 per cent levies on canola oil and meal set for March 20, there’s the uncertainty created by the on again, off again duties from […] Read more

North American Grain/Oilseed Review: Canola pressured, grains lower

Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its descent on Tuesday following the implementation of Chinese tariffs. On Friday, China imposed 100 per cent levies on Canadian canola oil and meal in retaliation to Canadian surcharges on Chinese-made electric vehicles, steel and aluminum last year. One analyst called the current downturn in […] Read more


ICE Midday: May canola falls below C$600/tonne

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market continued its descent in the middle of trading on Tuesday following the implementation of Chinese tariffs. On Friday, China imposed 100 per cent levies on Canadian canola oil and meal in retaliation to Canadian surcharges on Chinese-made electric vehicles, steel and aluminum last year. Meanwhile, […] Read more

ICE Canada Morning Comment: Starting with another round of losses

USDA report at 11 am CDT

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower on Tuesday morning, although the losses were not as severe as those yesterday. Nevertheless, the May contract pushed below its support level of C$600 per tonne. Canola was still dealing with China’s 100 per cent tariffs on the oil and meal […] Read more



ICE Midday: Chinese tariffs sink canola

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market plummeted on Monday after China announced late Friday it will place 100 per cent tariffs on Canadian canola oil, meal and peas, as well as a 25 per cent duty on Canadian aquatic products and pork. The tariffs are retaliation for those placed by Canada on […] Read more


ICE Canada Morning Comment: Canola tumbles on China’s tariff plans

China retaliates against levies on its EV's, steel, aluminium

By Glen Hallick Glacier Farm Media MarketsFarm – China lowered the boom on Canadian canola over the weekend which sent Intercontinental Exchange canola futures plummeting on Monday morning. In retaliation for the Canadian government imposing a 100 per cent tariff on imports of Chinese-made electric vehicles along with 25 per cent levies on its steel […] Read more



ICE canola climbing higher at midday Friday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Friday, as gains in outside markets provided support. However, activity was choppy amid ongoing uncertainty over United States trade policies. The U.S. put a pause on some Canadian and Mexican import tariffs on Thursday, but the fickle nature […] Read more

ICE canola slowly climbing upward

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains on Friday morning with mostly positive sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while crude oil gained more than US$1 per barrel after Russia said OPEC+ may reverse its planned output hike by April. European rapeseed was […] Read more