ICE Closing Review: Canola posts gains

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed higher on Tuesday, in reclaiming a good portion of Monday’s losses amid lighter activity. The Canadian oilseed was supported by more hikes in crude oil, with additional spillover from gains in Chicago soyoil and MATIF rapeseed. Declines in Malaysian palm oil, plus Chicago soybeans […] Read more

ICE Canola Midday: Modest increases in front months

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher mid-session Tuesday, as they continued to follow the shifts in Chicago soyoil. The latter tacked on modest gains as crude oil bounced back, reclaiming part of Monday’s sharp losses. However, that upswing in crude wasn’t translating into increases for Malaysian palm […] Read more


ICE canola continues lower Tuesday

     Glacier FarmMedia — ICE canola futures were weaker Tuesday morning, seeing some follow-through selling after Monday’s declines. Speculative positioning was a feature amid ideas a top may be in from a chart standpoint for the time being. The May contract dipped below its 20-day moving average but remains well above most longer-range indicators. Chicago […] Read more



ICE Closing Review: Weaker crude oil pulls down canola

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures dropped back on Monday, following steep declines in crude oil. However, the losses in canola were not as sharp by the end of trading as they were earlier this morning. On Monday, United States President Donald Trump said the U.S. and Iran met during the […] Read more

ICE Canola Midday: Guided by weakness in comparable oils

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were sharply lower mid-session Monday, due to weakness in the vegetable oils. Crude oil was down hard following United States President Trump’s statement that the U.S. and Iran had talks regarding their conflict over the weekend. However, Iran said such did not occur […] Read more


ICE canola drops with crude oil Monday morning

     Glacier FarmMedia — ICE canola futures were weaker Monday morning, as sharp losses in crude oil spilled into the oilseed markets. Brent crude oil was down by nearly $10 per barrel, while West Texas Intermediate crude oil lost roughly eight dollars, as energy markets reacted to the latest developments out of the Middle East. […] Read more

U.S. Grain/Oilseed Review: CBOT grains step back

Glacier FarmMedia – All three major United States WHEAT varieties showed double-digit declines on Friday. Temperatures are expected to exceed 21 degrees Celsius over the weekend in the U.S. Plains and Midwest regions. The central and southern plains could also see temperatures above 30 C. Rainfall chances are forecast to improve at the start of […] Read more


ICE Closing Review: Canola dips lower amidst choppy trade

Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended lower on Friday after a day of choppy trading. An analyst said there were numerous factors affecting canola prices, including trade and export volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Crude oil prices made more gains […] Read more

ICE Midday: Canola dips lower despite strength in oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in choppy trading on Friday. An analyst said there were many factors affecting canola prices including trade volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Chicago soyoil and European rapeseed were higher. There was no […] Read more