By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Monday, recovering from earlier losses as uncertainty over incoming United States tariffs kept global markets on edge. U.S. tariffs on Canadian imports set to come into effect on Tuesday would likely alter the flow of Canadian canola oil […] Read more
ICE canola turns higher amid trade uncertainty
ICE Canada Morning Comment: Trump tariffs weighing on canola
Tightening supply situation limiting oilseed's losses
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Monday morning pulled down by the tariffs United States President Donald Trump said will take effect on Tuesday. Trump will slap a 25 per cent levy on all goods the U.S. imports from Canada and Mexico, but with a 10 […] Read more
North American Grain/Oilseed Review: Canola, grains in the red
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was lower on Friday after the Trump administration confirmed that 25 per cent tariffs on Canadian and Mexican imports into the United States will be imposed Feb. 1 despite conflicting media reports. Earlier in the day, an analyst said there was speculation the Trump administration could […] Read more
ICE canola weighed down by tariff threat Friday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Friday morning, with uncertainty over looming tariffs in the United States behind some of the selling pressure. U.S. President Donald Trump reiterated his calls for tariffs on Canada and Mexico while speaking to reporters on Thursday. The U.S. is […] Read more
North American Grain/Oilseed Review: Canola, wheat rise higher
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued its up-and-down trade on Thursday, going into positive territory as comparable oils moved in both directions. European rapeseed was mixed, crude oil was up and Chicago soyoil was relatively steady. Malaysian palm oil was not traded due to the Lunar New Year holiday. A tightening […] Read more
ICE canola down with soyoil Thursday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Thursday morning, taking some direction from Chicago soyoil. European rapeseed was also down on the day, while Malaysian palm oil and other Asian markets remained closed for the Lunar New Year holiday. The threat of the United States imposing […] Read more
North American Grain/Oilseed Review: Canola down, grains surge
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was under some pressure on Wednesday due to mixed comparable oils. While European rapeseed was steady to higher, Chicago soyoil was lower and crude oil was also down due to a large buildup in United States stockpiles. There was no trading for Malaysian palm oil due […] Read more
ICE Midday: Canola turns red
Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was under pressure on Wednesday due to weakened comparable oils. While Chicago soyoil was steady, European rapeseed was down and crude oil was lower due to a large build in United States stockpiles. There was no trading for Malaysian palm oil due to the Lunar […] Read more
ICE canola weaker Wednesday morning
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Wednesday morning, taking back some of Tuesday’s gains in sideways trade. Losses in Chicago soyoil accounted for some spillover selling pressure, with European rapeseed also down on the day. However, gains in Chicago soybeans and a softer tone in […] Read more
North American Grain/Oilseed Review: Canola, corn, wheat rise
Glacier FarmMedia | MarketsFarm — The ICE Futures canola market recovered on Tuesday from yesterday’s losses, albeit with mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were higher, while European rapeseed was mixed. Crude oil prices were mixed as well due to protests at two Libyan ports and weak Chinese economic data. […] Read more