North American Grain/Oilseed Review: Canola up, soybeans down

Glacier FarmMedia MarketsFarm — The ICE Futures canola market was in positive territory on Tuesday with mixed sentiment in vegetable oils. While European rapeseed was up, Chicago soyoil was down and Malaysian palm oil was lower in the nearby contracts. Crude oil continued to rise after the release of economic data from China and Ukrainian […] Read more

ICE Midday: Canola still on the rise

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in positive territory in the middle of Tuesday trading with mixed sentiment in vegetable oils. While European rapeseed was up, Chicago soyoil was down and Malaysian palm oil was lower in the nearby contracts. Crude oil continued to rise after the release of economic data […] Read more


ICE canola stronger Tuesday morning

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger Tuesday morning, as speculative short covering continued to provide support. Weakness in the Canadian dollar, which was down sharply relative to its United States counterpart, contributed to the strength in the futures as the falling currency underpins crush margins and […] Read more

North American Grain/Oilseed Review: Canola, wheat on the rise

Glacier FarmMedia MarketsFarm — The ICE Futures canola market showed mostly modest gains for canola on Monday, largely raised by comparable oils. European rapeseed and Malaysian palm oil were both in positive territory while crude oil rose due to welcomed economic data from China and Ukrainian attacks on Russian refineries. However, Chicago soyoil was in […] Read more


ICE Midday: Canola maintains rally

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed modest gains for canola in the middle of Monday trading. European rapeseed and Malaysian palm oil were both in positive territory while crude oil rose due to welcomed economic data from China and Ukrainian attacks on Russian refineries. However, Chicago soyoil was in the red, limiting […] Read more

ICE canola mixed Monday morning

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The ICE Futures canola market was mixed Monday morning, with gains in the front months and losses in the new crop contracts. Chart-based positioning was a feature, as speculators continued to cover their large short positions. Recent talk of increased export buying interest was also supportive, although […] Read more


North American Grain and Oilseed Review: Canola closes week on a high note

U.S. soybeans, corn rise as wheat drops

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures climbed higher on Friday, as prices pushed through resistance. A trader commented that canola this week benefitted from the strong increases in Malaysian palm oil. He said the latter resulted in soyoil becoming too cheap, and its gains pulled up canola. Global […] Read more

ICE Canola Midday: Seasonal rallies helping to push up prices

Little bullish to support canola

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher at mid-session Friday, in what a trader called “some routine seasonal rallies.” He also noted that Malaysian palm oil had a very strong week and  “that’s made the beanoil a little too weak,” noting canola has largely been in lockstep with […] Read more


ICE canola slightly lower

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed modest declines on Friday morning amidst negative sentiment in comparable oils. Chicago soyoil and European rapeseed were both down, while Malaysian palm oil was higher in the nearby contracts and lower in the deferreds. Crude oil also declined despite a potential supply deficit for the […] Read more

North American Grain and Oilseed Review: Canola cannot sustain increases

CBOT prices fall back

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed slightly lower on Thursday, after earlier gains faded away. A trader said fund buying generated the gains earlier in the session, but once that stopped prices began to drift lower. Chicago soybeans and soyoil also saw their increases turn into losses, […] Read more