ICE Canada Morning Comment: Canola resumes upward climb

Oilseed's exports surpass 6 million tonnes

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, following the resumption of activity at the Chicago Board of Trade after the Independence Day holiday. The Chicago soy complex saw losses in soybeans and soyoil while soymeal was higher. Some of the ‘gusto’ of stronger Malaysian palm […] Read more



ICE Midday: Canola increases on Fourth of July

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was steady to higher on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly lower despite fewer United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets will […] Read more

ICE Canada Morning Comment: Smaller increases for canola

U.S. markets closed for holiday

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures edged higher on Thursday morning, as pressure from comparable oils was attempting to stymie the oilseed’s recent progress. Although the United States markets are closed for Independence Day, yesterday’s sharp gains in Chicago soyoil were still being felt in canola. There were declines […] Read more


North American Grain/Oilseed Review: Canola, soybeans on the rise

Glacier FarmMedia MarketsFarm — The ICE Futures canola market consolidated its gains from Tuesday, receiving plenty of support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all showed sharp gains on Wednesday. Crude oil prices were slightly higher due to a 12 million-barrel weekly draw in United States stockpiles. One analyst said that […] Read more

ICE Midday: Canola continues to move upwards

Glacier FarmMedia MarketsFarm – The ICE Futures canola market consolidated Tuesday’s gains with help from vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all showing gains in the middle of trading on Wednesday. However, crude oil prices were slightly lower despite an expected draw in United States stockpiles. The U.S. markets will be […] Read more


ICE Canada Morning Comment: More increases for canola

Spillover coming from Chicago

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were experiencing modest upticks on Wednesday morning, compared to yesterday’s sharp gains. Support came from increases in the Chicago soy complex, but slight losses in European rapeseed and Malaysian palm oil limited the upside. Small gains in crude oil spilled over […] Read more



ICE Midday: Canola surges to start July

Glacier FarmMedia MarketsFarm – The ICE Futures canola market came out of the Canada Day weekend with a huge boost from vegetable oils. August soyoil was up one United States cent per pound, while European rapeseed and Malaysian palm oil also rose sharply. Crude oil was slightly higher due to tensions in the Middle East and […] Read more

ICE Canada Morning Comment: Canola surges in playing catch-up

Strong gains in soyoil, palm oil

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange shot up on Tuesday morning, as trading resumed after Canada Day. Canola was catching up with strong gains on Monday in Chicago soybeans and especially in soyoil, while soymeal was up modestly. Increases in European rapeseed and sharp hikes in Malaysian […] Read more