ICE canola turns lower after overnight gains

The ICE Futures canola market turned lower Tuesday morning after posting small gains in overnight activity. Declines in Chicago soyoil futures accounted for some spillover selling pressure in the Canadian oilseed. Chart-based positioning also weighed on values, with Monday’s failure to hold above the 100-day moving average in the nearby May contract bearish from a […] Read more

North American Grain and Oilseed Review: Too much pressure from soyoil

U.S. soybeans down, corn up, wheat mixed

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Monday, unable to fend off pressure from sharp declines in Chicago soyoil. Modest losses in European rapeseed, Malaysian palm oil, and Chicago soybeans also weighed on canola values. Some support came from upticks in Chicago soymeal. Small declines in […] Read more


ICE Canola Midday: Prices down slightly

Canola holding its own from bigger losses in comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were only easing back at mid-session Monday, in light of sharp losses in Chicago soyoil. Canola was also fending off pressure from decline in European rapeseed and Malaysian palm oil. A little bit of support was coming from upticks in Chicago soybeans and […] Read more

ICE canola correcting lower Monday morning

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker Monday morning, seeing a modest correction to start the week after Friday’s sharp gains. Losses in Chicago soyoil futures accounted for some spillover selling pressure, with Malaysian palm oil and European rapeseed futures also posting losses. The May contract was […] Read more


North American Grain/Oilseed Review: Canola jumps, grain mixed

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained its strength on Friday amidst mostly positive sentiment from comparable oils and a weaker Canadian dollar. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Crude oil prices also extended their rallies. At mid-afternoon, the loonie was down more than four-tenths […] Read more

ICE Midday: Canola bounces back as weekend approaches

Glacier FarmMedia MarketsFarm – The ICE Futures canola market regained its strength on Friday amidst mostly positive sentiment from comparable oils and a weaker Canadian dollar. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Crude oil prices also extended their rallies. The loonie was down more than half a United […] Read more


ICE Canada Morning Comment: Canola reclaiming lost ground

Mixed support from comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday morning, building on the gains made in the overnight session. That saw the May contract move closer to its 100-day moving average. Upticks in European rapeseed and Chicago soyoil lent support to canola, but pressure came from […] Read more



ICE Midday: Canola pressured, slides lower

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was taking another step back on Thursday, pressured by comparable oils and a stronger Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were all in decline. Crude oil was slightly lower despite upcoming supply cuts from OPEC+. One analyst confirmed that comparable oils were […] Read more

ICE Canada Morning Comment: Canola reverses course

Declines in other veg oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned lower on Thursday morning, following comparable oils to the downside. There were declines in the Chicago soy complex, European rapeseed and Malaysian palm oil. Global crude oil prices were relatively steady, providing little direction to the oilseeds. While canola was close to […] Read more