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 Canada Morning Comment: Canola resumes upward climb
Oilseed's exports surpass 6 million tonnes
North American Grain/Oilseed Review: Canola down, U.S. markets closed
Glacier FarmMedia MarketsFarm – The ICE Futures canola market was down on Thursday amidst weaker comparable oils and lighter trading. European rapeseed and Malaysian palm oil were down. Crude oil was slightly higher with reduced United States stockpiles and the severity of Hurricane Beryl. Chicago soyoil was not traded as U.S. markets were closed due […] 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
North American Grain/Oilseed Review: Canola surges, wheat stumbles
Glacier FarmMedia MarketsFarm — The ICE Futures canola market came out of the Canada Day weekend with a huge boost from vegetable oils. August soyoil in Chicago was up, while European rapeseed and Malaysian palm oil also rose sharply. Crude oil was slightly higher due to tensions in the Middle East and the start of […] 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