ICE Midday: Canola moving slowly upward

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made modest gains in the middle of Wednesday trading, finding support from comparable oils. Crude oil extended its recent rally driven by upcoming supply cuts from OPEC+. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher. One analyst said spillover from crude oil along […] Read more


ICE Canada Morning Comment: Comparable oils push canola higher

May contract close to 100-day moving average

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to climb higher on Wednesday morning, propelled by spillover from comparable oils. Support for canola came from gains in Chicago soybeans and soyoil, along with those in European rapeseed and Malaysian palm oil. Meanwhile, Chicago soymeal eased back. Modest increases in global […] Read more



ICE Midday: Canola keeps climbing

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made yet another charge upwards in the middle of Tuesday trading, supported by rising comparable oils. Crude oil hit its highest prices in six months due to impending supply cuts from OPEC+. Chicago soyoil, European rapeseed and Malaysian palm oil were also on the rise. One […] Read more

ICE Canada Morning Comment: Canola gaining more ground

Support from spillover from comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange pushed higher on Tuesday morning, benefitting from gains in comparable oils. There were upticks in Chicago soybeans and soyoil, but soymeal was to the downside. Additional support came from increases in European rapeseed and Malaysian palm oil. Higher crude oil prices […] Read more


North American Grain/Oilseed Review: Canola, grains turn around

Glacier FarmMedia MarketsFarm — The ICE Futures canola market made gains coming out of the Easter weekend, with positive sentiment in vegetable oils. Chicago soyoil and Malaysian palm oil were higher and crude oil was on the rise due to higher-than-expected demand. There was no trading for European rapeseed today. At mid-afternoon, the Canadian dollar […] Read more

ICE Midday: Canola starts April on a high note

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made gains coming out of the Easter weekend, with positive sentiment in vegetable oils. While Chicago soyoil and Malaysian palm oil were higher and crude oil was on the rise due to higher-than-expected demand. There was no trading for European rapeseed today. The Canadian dollar was […] Read more


ICE Canada Morning Comment: Canola starting week on positive note

Canola exports more than double

By Glen Hallick Glacier Farm Media MarketsFarm – Canola futures on the Intercontinental Exchange were higher Monday morning, as trading resumed following the long weekend. Canola was getting support from gains in Chicago soybeans and soymeal, as well as Malaysian palm oil. There were losses in Chicago soymeal and the markets in Europe are closed […] Read more

North American Grain and Oilseed Review: Canola almost finishes positive

Strong gains for U.S. corn, wheat

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures couldn’t hang on to small gains Thursday, after attempting to recover from a series of losses. The United States Department of Agriculture’s prospective plantings report and the report on grain stocks as of March 1 seemed to have something of a positive […] Read more