ICE Canola Midday: Getting stronger

Resistance likely at $670, maybe $690

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to gain strength at midday Tuesday, gleaning support from increases in comparable oils. Malaysian palm oil was setting new contract highs and European rapeseed were approaching its own highs. As well, upswings in the Chicago soy complex were spilling over into canola […] Read more

ICE canola on the rise again

Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its momentum on Tuesday morning, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the day. Crude oil was also up. The Canadian dollar increased less than one-tenth of a United States cent compared to […] Read more


North American Grain and Oilseed Review: Canola starts week on a good note

U.S. soybeans, corn tack on increases

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Monday, benefitting from spillover from gains in the Chicago soy complex, Malaysian palm oil and European rapeseed. Upticks in crude oil lent support the vegetable oils. An analyst said that if Canada’s canola exports remain on their current pace, […] Read more

ICE Canola Midday: Increases fading

Upticks in soyoil easing back

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly higher at midday Monday, as earlier double-digit increases faded. Although support for canola was coming from gains in the Chicago soy complex, increases for soyoil had weakened. While there were gains in Malaysian palm oil, European rapeseed was mixed. Moderate upticks […] Read more


ICE canola starts week on the rise

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was higher on Monday morning supported by gains in comparable oils. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher. Crude oil rose another US$1 per barrel due to tensions between Israel and Iran. The Canadian dollar was down more than one-tenth […] Read more



ICE canola holding onto gains at midday Friday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, seeing a continuation of Thursday’s rally. Speculative positioning ahead of the weekend and end-user bargain hunting provided some support. Gains in European rapeseed also underpinned canola, although losses in Chicago soybeans and soyoil tempered the upside for […] Read more

ICE canola just above unchanged

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made small gains on Friday morning despite negative sentiment in comparable oils. While European rapeseed was higher, Chicago soyoil and Malaysian palm oil were lower. Crude oil was also down due to forecasts showing weaker demand. The Canadian dollar was steady compared to Thursday’s close. Approximately […] Read more


North American grain/oilseed review: Canola climbs higher

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm — The ICE Futures canola market was stronger on Thursday, recovering from overnight declines to take back all its losses from earlier in the week. Gains in Chicago soyoil and European rapeseed futures provided spillover support, with the move back above C$600 per tonne in the November contract […] Read more

ICE canola rising with soyoil midday Thursday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was stronger at midday Thursday, recovering from overnight losses as gains in Chicago soyoil provided spillover support. A trader said the canola had no real direction but was “oscillating back and forth” as speculative fund traders adjusted positions. End-user bargain hunting, […] Read more