By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Thursday morning on the first day of trading for 2025. The markets in Canada and the United States were closed Wednesday for New Year’s. Support for canola came from gains in the Chicago soy complex, although soybeans were […] Read more
ICE Canola Midday: Futures climbing
But outlook looks bearish
ICE canola starting 2025 on high note
The ICE Futures canola market maintained positive momentum entering the New Year on Thursday despite mixed sentiment in comparable oils. There was no canola trading yesterday. Chicago soyoil and Malaysian palm oil were down to start the day, while European rapeseed was higher. Crude oil was up more than US$1 per barrel after Russia decided […] Read more
North American Grain and Oilseed Review: Canola closes out 2024 with slight gains
Positive notes at CBOT’s close for last day of trading in 2024
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures posted small increases in light activity on Tuesday, the final day of trading for 2024. The markets in Canada and the United States will be closed Wednesday for New Year’s. As well, today is first notice day for January futures. As crude […] Read more
ICE Canola Midday: Contracts gaining traction as 2024 wraps up
Gains in crude pushing up canola, other veg oils
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around from earlier losses to be posting small gains late Tuesday morning in thin holiday trading. The markets in Canada and the United States will be closed tomorrow for New Year’s. Also, today marks the first notice day for January futures. As […] Read more
ICE Canada Morning Comment: Canola slipping back
Markets closed tomorrow for New Year's
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower in sparse activity on Tuesday morning, as trading for the calendar year winds up. The markets in Canada and the United States will be closed Wednesday for New Year’s. Today also marks first notice day for January futures. Pressure on canola […] Read more
North American Grain and Oilseed Review: Canola backs up again
Sparse fresh news in holiday activity at CBOT
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower in holiday trading on Monday. As with Friday’s trading, canola was unable to hang on to its gains from the overnight session. That’s despite support from the Chicago soy complex, but Malaysian palm oil was lower and European rapeseed was […] Read more
ICE Canola Midday: Increases turn softer
Soyoil moves lower, losses in palm oil, rapeseed
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned softer by late Monday morning, pulled away from stronger increases by a turnaround in Chicago soyoil along with losses in Malaysian palm oil and European rapeseed. Upticks in Chicago soybeans and soymeal helped to keep most of the actively traded canola contracts […] Read more
ICE Canada Morning Comment: Canola rises in light activity
Light holiday trading
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher in light holiday trading on Monday morning, as they received support from gains in the Chicago soy complex. However, declines in Malaysian palm oil and most European rapeseed contracts stymied further increases in canola. Meanwhile, modest upticks in crude oil underpinned […] Read more
North American Grain and Oilseed Review: Canola can’t sustain gains
U.S. wheat, corn edge higher, as soybeans fall
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – As the trading of canola futures on the Intercontinental Exchange resumed following Christmas and Boxing Day, they failed to hang to their late session increases on Friday with most contracts closing to the downside. Pressure on the Canadian oilseed came from losses in Chicago soybeans and […] Read more
ICE Canola Midday: Oilseed trying to recover
StatCan reports stronger November crush
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower by late Friday morning, as trading resumed following Christmas and Boxing Day. However, those declines were softer than those in the overnight session. Pressure on the Canadian oilseed came from losses in Chicago soybeans and soymeal as well as in […] Read more