ICE canola starts February lower

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in the red once again on Thursday morning to go along with weakness in vegetable oils. Chicago soyoil and European rapeseed were down to start the day. Malaysian palm oil was not traded on Thursday. Crude oil was slightly higher as the Middle East awaits […] Read more

North American Grain and Oilseed Review: Canola down, but recovers from larger losses

Chicago soybeans shed losses, push upward

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday, giving up some of the gains made yesterday. However, canola poked above unchanged in choppy trading towards the end of the session before slipping back. Support for canola came from upticks in Chicago soybeans and soymeal as well […] Read more


ICE Canola Midday: Prices return to downward trend

Specs, farmers selling as commercials buy

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at mid-session Wednesday, giving up most of the gains made yesterday. While losses in Chicago soybeans and soymeal put pressure on canola, soyoil was virtually unchanged which provided little direction to the Canadian oilseed. Malaysian palm oil was lower and European […] Read more

ICE canola resumes its ongoing decline

Glacier FarmMedia MarketsFarm – The ICE Futures canola market erased all of Tuesday’s gains and then some this morning, mainly due to weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Crude oil was also down despite continuing tensions in the Middle East. The Canadian dollar was […] Read more


North American Grain and Oilseed Review: Canola turns around – for now

CBOT’s day of unexpected spikes

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished higher on Tuesday, in heavy trading that was quite choppy at times. After several days of losses, there may been bargain hunting in canola that generated the turnaround. Support for the Canadian oilseed also came from a stronger Chicago soy complex. […] Read more

ICE Canola Midday: Tacking on small increases

'Overall environment remains soft' says trader

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher in choppy trading at mid-session Tuesday, but a trader cautioned there was little to support the oilseed. “The overall environment remains soft. There are no solid signs that we found a low yet,” a trader commented, noting canola was “pretty much […] Read more


ICE canola still in the red

Glacier FarmMedia MarketsFarm – The ICE Futures canola market resumed its ongoing slide on Tuesday morning, weighed down by vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil was slightly weaker despite continuing tensions in the Middle East. The Canadian dollar was up one-tenth of a […] Read more

North American Grain and Oilseed Review: Canola falls hard to start week

Weakness in CBOT soybeans, corn, wheat

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures dropped on Monday, hitting new contract lows due to significant losses in Chicago soyoil. Declines in European rapeseed, Malaysian palm oil and Chicago soybeans put additional pressure on canola. Lower crude oil prices weighed on vegetable oils. An analyst warned tough times were […] Read more


ICE Canola Midday: More losses in oilseeds

Brazil soybeans cheaper than U.S. soybeans

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back mid-session Monday, due to pressure from sharp declines in Chicago soyoil. An analyst commented that Brazilian soybeans were significantly cheaper than those from the United States. “Look out canola, it’s going to get pretty ugly,” he stated, adding “it’s difficult […] Read more

ICE canola takes a big hit

Glacier FarmMedia MarketsFarm – The ICE Futures canola market saw sharp declines to start the week due to weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red on Monday morning. Meanwhile, crude oil was also down after weekend attacks on United States soldiers and a tanker in […] Read more