By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained weaker on Wednesday due to pressure from China’s investigation into canola dumping by Canada. China’s move followed the Canadian government’s hiking tariffs on Chinese electric vehicles by 100 per cent and adding a 25 per cent tariff on steel and aluminum […] Read more
North American Grain and Oilseed Review: More losses for canola
U.S. soybeans, corn, wheat continue higher
ICE Canola Midday: More double-digit declines
Analyst notes feds' inaction
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to drop back on Wednesday, due to China’s announcement of it launching an investigation into canola dumping by Canada. China’s move is in retaliation for Canada imposing a 100 per cent tariff increase on imports of Chinese electric vehicles, as well a […] Read more
ICE canola continues lower Wednesday morning
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Wednesday morning, as traders continued to react to a mounting trade dispute with China. China announced Tuesday that it would initiate an anti-dumping investigation into Canadian canola imports – a move that was largely seen as retaliation to Canada’s recent […] Read more
North American Grain and Oilseed Review: Steep declines in record volume
Increases for U.S. soybeans, corn, wheat
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures fell hard in a massive sell-off on Tuesday but managed to pull away from earlier limit down losses. China’s announcement of it launching an investigation in possible canola dumping by Canada was in response for the federal government hiking electric vehicle imports […] Read more
ICE Canola Midday: Prices recover little, but still down hard
China announces canola dumping probe
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to fall sharply on Tuesday, buy made some recovery after posting down-limit losses in early activity. The steep declines this morning came as a result of China announcing plans to launch an investigation into canola dumping by Canada. That’s in response to […] Read more
Global Markets: China takes aim at Canadian canola
As trading resumes after long weekend ICE canola futures tumble
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. China announced on Tuesday that it will launch an anti-dumping investigation into canola imports and some chemical imports from Canada. The move comes after Canada said it was imposing a 100 […] Read more
ICE canola drops as China announces anti-dumping investigation
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was sharply lower Tuesday morning in reaction to news that China plans to start an anti-dumping investigation into canola imports from Canada. The Chinese move comes as retaliation to Canada’s announcement last week that it would impose 100 per cent tariffs on […] Read more
North American Grain/Oilseed Review: Canola lower, grains higher
Glacier FarmMedia MarketsFarm – The ICE Futures canola market stepped back Friday after adding large gains on Thursday. Statistics Canada reported Canadian canola deliveries totaled 2.225 million tonnes in July, up from 1.398 million one year earlier. One trader said Thursday’s canola rally was largely fueled by Chicago soyoil, which also took a step back today. […] Read more
ICE Midday: Canola eases back ahead of Labour Day weekend
Glacier FarmMedia MarketsFarm – The ICE Futures canola market corrected itself on Friday morning after adding large gains on Thursday. Chicago soyoil and European rapeseed were down, while crude oil erased its Thursday gains as well. However, Malaysian palm oil was higher. Markets in Canada and the United States will be closed on Monday for the […] Read more
ICE Canada Morning Comment: Canola attempting to gain upward traction
Pressure from crude oil, Prairie harvest being felt
By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were narrowly mixed on Friday morning, despite support from other vegetable oils. Spillover was coming gains in the Chicago soy complex, European rapeseed and Malaysian palm oil. However, there’s pressure from losses in crude oil. Pressure has started to be felt […] Read more