ICE Midday: Canola futures seeing red

Glacier FarmMedia MarketsFarm – The ICE Futures canola market drifted a bit lower on Friday due to negative sentiment in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. However, crude oil was up slightly despite growing United States stockpiles. The Canadian dollar was up two-tenths of a U.S. […] Read more


ICE Canada Morning Comment: Canola slipping back

Pressure coming from lower comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Friday morning, due to a lack of support from comparable oils. Malaysian palm oil closed slightly lower and European rapeseed fell back, while the Chicago soy complex was mixed. Global crude oil prices turned around to edge higher, with some […] Read more



ICE Midday: Canola mixed in middle of trading

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed a lack of direction on Thursday to go along with mixed comparable oils. European rapeseed and Malaysian palm oil made gains. However, Chicago soyoil was down and crude oil was lower as the trade weighed an upcoming meeting of OPEC+ and speculation over cuts to […] Read more

ICE Canada Morning Comment: Canola climbing higher

November well above its 200-day moving average

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to push upward on Thursday morning, getting support from comparable oils. There were increases in the Chicago soy complex, as well as European rapeseed and Malaysian palm oil. Moderate gains in crude oil spilled over into the oilseeds. The new crop November […] Read more



ICE Midday: Canola extends rally

Glacier FarmMedia MarketsFarm – The ICE Futures canola market maintained its momentum from Tuesday, rising to calendar-year highs on Wednesday. Canola was supported by Chicago soyoil and European rapeseed. However, Malaysian palm oil was down and so was crude oil after reports suggested a growth in United States stockpiles. The Canadian dollar was down one-tenth […] Read more


ICE Canada Morning Comment: Canola continuing to rally

AAFC raises canola ending stocks

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise Wednesday morning. While good seeding progress is expected to be made on the Prairies this week, rains still have the trade concerned about delays getting the crop into the ground. Support for canola also came from upticks in Chicago […] Read more

North American Grain/Oilseed Review: Canola up, grains mixed

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed independent strength coming out of the Victoria Day long weekend amid weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all down on Tuesday, but had moved higher on Monday when the Canadian markets were closed. Crude oil was also lower […] Read more