Glacier FarmMedia — ICE canola futures were trading to both sides of unchanged Tuesday morning, with the bias pointing higher in early activity. Gains in Chicago soybeans provided spillover support for the Canadian oilseed. However, soyoil, Malaysian palm oil and European rapeseed futures were all weaker. Optimism over trade talks with China underpinned the market, […] Read more
ICE canola posting small gains in choppy trade
North American Grain and Oilseed Review: Canola struggles to cling to gains
Riding optimism in U.S. soy By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Most canola futures on the Intercontinental Exchange ended Monday on a slightly higher note, after earlier increases largely faded away. The more deferred positions saw their gains turn into losses. Canola was stronger on the likelihood of a United States/China trade deal […] Read more
ICE Canola Midday: Spillover from potential U.S./China trade deal
By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were climbing higher late Monday morning, benefitting from news of a potential trade deal between the United States and China. That pushed the Chicago soy complex higher, with spillover finding its way into canola. Additional support came from increases in European […] Read more
ICE canola strengthens on trade optimism Monday morning
Glacier FarmMedia — ICE canola futures were stronger Monday morning, touching their highest levels in the past month as optimism over trade negotiations with China provided some support. Prime Minister Mark Carney is expected to speak with Chinese president Xi Jinping at the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Malaysia […] Read more
North American Grain/Oilseed Review: Canola, U.S. grains lower
Canola futures on the Intercontinental Exchange erased early gains before closing lower on Friday to go with negative sentiment in vegetable oils. An analyst said the January canola contract will need to reach C$640 per tonne to gain “meaningful bullishness”. He also said the planted area for canola in 2026 will be “interesting” due […] Read more
ICE Midday: Canola extends Thursday’s gains
Glacier FarmMedia — Canola futures on the Intercontinental Exchange were on the rise in the middle of Friday trading despite weaker vegetable oils. An analyst said the January canola contract will need to reach C$640 per tonne in order for there to be “meaningful bullishness”. He also said the planted area for canola in 2026 […] Read more
ICE Canada Morning Comment: Canola nudges higher
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were posting small gains on Friday morning, although support from comparable oils waned. Aside from slight increases in Chicago soymeal, there were losses in soybeans and soyoil, as well as in MATIF rapeseed and Malaysian palm oil. Crude oil was a pinch higher, […] Read more
North American Grain/Oilseed Review: Solid gains for oilseeds, grains
Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were supported by rising crude oil prices after the United States and European Union imposed new sanctions on Russian oil and gas. As a result, crude oil gained approximately US$3 per barrel. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly […] Read more
ICE Midday: Crude oil rally lifts canola
Glacier FarmMedia – Canola futures on the Intercontinental Exchange received a boost on Thursday. The United States and the European Union imposed new sanctions on Russian oil companies in attempts to bring Russia back to peace talks. As a result, crude oil surged nearly US$3 per barrel, supporting vegetable oils. Chicago soyoil and Malaysian palm […] Read more
ICE Canada Morning Comment: Canola higher on sharp gains in crude oil
By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher Thursday morning, building on overnight gains. The increases are a direct result of hikes in crude oil as the Trump administration slapped more sanctions on Russian oil, with the spillover flowing into the vegetable oils. Besides canola, that generated upswings in […] Read more