ICE Canola Midday: Oilseed on the rise

Comparable oils mixed

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, reaping support from gains in most comparable oils. That included upticks in Malaysian palm oil and European rapeseed, but Chicago soyoil was to the downside. However, Chicago soybeans and soymeal were stronger. Meanwhile, modest declines in crude oil […] Read more

ICE canola finds higher ground

The ICE Futures canola market rebounded on Friday morning to go with positive sentiment in other markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher. Crude oil also made gains after United States President Donald Trump did not immediately place tariffs on trading partners. The Canadian dollar was up four-tenths of a […] Read more


North American Grain and Oilseed Review: Canola loses grip on small increases

Positive turnaround in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were unable to hang on small increases at the end of Thursday’s session despite support from most comparable oils. Chicago soybeans and soyoil turned around today, but soymeal remained lower. Malaysian palm oil was also to the downside, while European rapeseed was […] Read more

ICE Canola Midday: Losses pressing for second day

Lack of support from comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower late Thursday morning, due to a lack of support from comparable oils. The Chicago soy complex was relatively steady, while there were losses in European rapeseed and Malaysian palm oil. As crude oil stepped back, it put pressure on the vegetable […] Read more


ICE canola starts day in decline

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was slightly lower on Thursday morning to go with negative sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were lower at the start of the day. Crude oil prices were also down on speculation of peace talks to end the Russian invasion of Ukraine. […] Read more

North American Grain and Oilseed Review: Canola rally snaps

U.S. soybeans, wheat pull back, corn the outlier

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday only for the fourth time in the last 20 sessions. The pressure from losses in the Chicago soy complex and European rapeseed was too much for canola despite support from gains in Malaysian palm oil. Declines in crude […] Read more


ICE Canola Midday: Canadian oilseed pulling back

Down fourth time in 20 sessions

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Wednesday morning, being pulled down by losses in the Chicago soy complex and European rapeseed. A broker said today’s trading would mark only the fourth red bar in 20 sessions. “It’s a phenomenal ride,” he stated, noting the day isn’t […] Read more

ICE canola undergoes slight correction

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning, following declines in crude oil. Crude oil dropped due to rising United States stockpiles and hawkish sentiment from the U.S. Federal Reserve. European rapeseed and Malaysian palm oil were higher while Chicago soyoil was slightly lower. The Canadian dollar […] Read more


North American Grain and Oilseed Review: Canola’s rally keeps going

CBOT futures in red following S/D report

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures rallied for a fourth consecutive session on Tuesday. Support came from the tightening canola supply situation in Canada as exports and domestic use remain strong. Gains in Chicago soyoil and European rapeseed spilled over into canola, but those increases were tempered by […] Read more

ICE Canola Midday: Building on the rally

USDA report at 11 a.m. CST

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued higher on late Tuesday morning, in an attempt to extend their rally to a fourth consecutive session. Support for the Canadian oilseed came from a tightening supply situation and spillover from comparable oils. In Chicago, soybeans and soyoil swung upward while soymeal […] Read more