ICE Closing Review: Weaker crude oil pulls down canola

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures dropped back on Monday, following steep declines in crude oil. However, the losses in canola were not as sharp by the end of trading as they were earlier this morning. On Monday, United States President Donald Trump said the U.S. and Iran met during the […] Read more

ICE Canola Midday: Guided by weakness in comparable oils

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were sharply lower mid-session Monday, due to weakness in the vegetable oils. Crude oil was down hard following United States President Trump’s statement that the U.S. and Iran had talks regarding their conflict over the weekend. However, Iran said such did not occur […] Read more


ICE canola drops with crude oil Monday morning

     Glacier FarmMedia — ICE canola futures were weaker Monday morning, as sharp losses in crude oil spilled into the oilseed markets. Brent crude oil was down by nearly $10 per barrel, while West Texas Intermediate crude oil lost roughly eight dollars, as energy markets reacted to the latest developments out of the Middle East. […] Read more

U.S. Grain/Oilseed Review: CBOT grains step back

Glacier FarmMedia – All three major United States WHEAT varieties showed double-digit declines on Friday. Temperatures are expected to exceed 21 degrees Celsius over the weekend in the U.S. Plains and Midwest regions. The central and southern plains could also see temperatures above 30 C. Rainfall chances are forecast to improve at the start of […] Read more


ICE Closing Review: Canola dips lower amidst choppy trade

Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended lower on Friday after a day of choppy trading. An analyst said there were numerous factors affecting canola prices, including trade and export volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Crude oil prices made more gains […] Read more

ICE Midday: Canola dips lower despite strength in oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in choppy trading on Friday. An analyst said there were many factors affecting canola prices including trade volumes, the conflict in the Middle East and speculation over biofuel blends in the United States. Chicago soyoil and European rapeseed were higher. There was no […] Read more


ICE Canada Morning Comment: Canola looking to add gains

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were attempting to climb higher on Friday morning, fending off a bout of choppiness. Support came from gains in Chicago soybeans and soyoil, as well as MATIF rapeseed, while Chicago soymeal was lower. With a holiday in Malaysia, the palm oil market was […] Read more



ICE Closing Review: Canola climbs despite mixed comparable oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise steadily on Thursday while crude oil pulled back slightly. New Iranian attacks on crude oil infrastructure in the Middle East initially caused prices to increase. Brent crude oil surpassed US$112 per barrel this morning, while West Texas Intermediate exceeded US$100 for the first […] Read more

ICE Midday: Canola, crude oil move up

Glacier FarmMedia — Canola futures were higher on the Intercontinental Exchange on Thursday, as crude oil prices climbed further upward. An analyst said there’s a small chance that canola could reach C$830 per tonne if the war in the Middle East persists. Renewed Iranian attacks on oil facilities lifted crude oil prices with Brent crude […] Read more