ICE Canada Morning Comment: Canola chalking up modest increases

AAFC projects 24/25 canola to largely standpat

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher Tuesday morning, supported by gains in the Chicago soy complex, European rapeseed, and Malaysian palm oil. Meanwhile, pressure came from declines in global crude oil prices. Agriculture and Agri-Food Canada issued its first supply and demand report for the calendar year […] Read more



ICE canola turns higher at midday Monday

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was stronger at midday Monday, recovering from earlier losses as gains in Chicago soyoil provided spillover support. Advances in crude oil contributed to the strength in world vegetable oil markets, with Malaysian palm oil trading near its highest levels in six weeks. However, […] Read more

ICE Canada Morning Comment: Canola pulling back

Weakness in most comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Monday morning, lacking support to climb upward. Chicago soybeans were very narrowly mixed while there were small upticks in soyoil, and soymeal was lower. Declines in European rapeseed and Malaysian palm oil put additional pressure on canola. However, global crude […] Read more


North American Grain and Oilseed Review: Canola cannot hold onto increases

U.S. corn, wheat rise, soybeans ease back

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures gave up earlier gains to close lower on Friday. Pressure on canola came from declines in the Chicago soy complex and European rapeseed. Modest setbacks in global crude oil prices also weighed on vegetable oils. However, the losses in canola were tempered by […] Read more

ICE Canola Midday: Gains fade into losses

Losses in soyoil, rapeseed pressuring canola

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were losing traction at mid-session Friday, seeing earlier gains turn into small losses. Pressure on the canola was coming from declines in Chicago soyoil and European rapeseed. Gains in Malaysian palm oil along with those in Chicago soybeans and soymeal helped to stymie […] Read more


ICE canola climbs upward

Glacier FarmMedia MarketsFarm – The ICE Futures canola market had positive momentum on Friday morning thanks to some support from comparable oils. Chicago soyoil and Malaysian palm oil were up while crude oil was higher due to escalating conflicts in the Middle East. However, European rapeseed was down. The Canadian dollar added more than one-tenth […] Read more

North American Grain and Oilseed Review: Canola higher, but rangebound

A day of gains in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – After a rocky start to the daily session Intercontinental Exchange canola futures closed higher on Thursday. Support for canola came from upticks in Chicago soybeans and soymeal, along with those in European rapeseed and Malaysian palm oil. Small losses in Chicago soyoil tempered further increases. Global […] Read more


ICE Canola Midday: Prices bouncing back and forth of unchanged

'Sideways, featureless trade' says analyst

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were very narrowly mixed at midday Thursday, in what an analyst called “sideways, featureless trade.” The analyst noted much of the recent support for canola has been coming from European rapeseed, which is on the rise today along with Malaysian palm oil. Meanwhile, […] Read more

ICE canola making its way upwards

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made modest gains on Thursday morning, receiving support from comparable oils. Chicago soyoil and Malaysian palm oil were up, while European rapeseed was mostly higher. Crude oil was also on the rise after missile attacks on the Red Sea and in Iran. The Canadian dollar was up […] Read more