North American Grain and Oilseed Review: Canola pulls back lacking support

CBOT losses from small to steep

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Wednesday, due to insufficient support. Although gains in Chicago soyoil and European rapeseed underpinned canola, pressure came from losses in Chicago soybeans and soymeal, as well as Malaysian palm oil. After spending much of the day lower, global crude […] Read more

ICE Canola Midday: Little to underpin Canadian oilseed

'Don't see a reason why anything can rally'

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at midday Wednesday, as support from comparable oils was mixed. While Chicago soyoil was slightly higher, there were losses in soybeans and soymeal. There were gains in European rapeseed, but Malaysian palm oil was lower. Global crude oil prices were easing […] Read more


ICE canola returns to the red

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was in decline on Wednesday morning due to risk-off sentiment in crude oil. Chicago soyoil and Malaysian palm oil were both down, while European rapeseed was mixed. Crude oil was losing more than US$1 per barrel despite tensions between the U.S. and Houthi rebels from Yemen in […] Read more

North American Grain and Oilseed Review: Canola inches upward on weaker loonie

U.S. wheat, corn fall back as soybeans nudge up

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished Tuesday with small gains in choppy trading. Support for canola came from a weaker Canadian dollar, which made its canola exports more palatable to international buyers. As the United States dollar surged upward on the U.S. Dollar Index, the loonie fell […] Read more


ICE canola increasing slowly

Glacier FarmMedia MarketsFarm – The ICE Futures canola market made modest gains on Tuesday morning thanks to supportive comparable oils and a weaker Canadian dollar. Chicago soyoil, European rapeseed and Malaysian palm oil were all higher to start the day. Crude oil was also up due to increasing tensions in the Red Sea region. The […] Read more

North American Grain and Oilseed Review: Canola closes a little above steady

CBOT closed, activity elsewhere  

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures added small gains on Monday in light volumes of trading. The United States markets were closed for their regular session on Monday for Martin Luther King Jr. Day and are scheduled to reopen this evening. Support for canola came from upticks in […] Read more


ICE Canola Midday: Oilseed higher in quieter trading

U.S. markets closed for MLK Day

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were modestly higher at midday Monday amid subdued volumes of trading. The United States markets are closed for the Martin Luther King Jr. holiday and are scheduled to reopen this evening. Support for canola spilled over from gains in European rapeseed and Malaysian […] Read more

ICE canola moving upwards

Glacier FarmMedia MarketsFarm – The ICE Futures canola market continued its recent rally on Monday morning despite a largely negative sentiment in comparable oils. While European rapeseed was mostly higher, Malaysian palm oil was down. Crude oil was also lower as traders looked for signs regarding monetary policy at the World Economic Forum meetings in […] Read more


North American Grain/Oilseed review: Canola holds onto gains despite soybean losses

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – ICE Futures canola market managed to settle higher for the second session in a row on Friday, continuing to recover off recently-hit contract lows as the market found independent strength despite losses in the Chicago soy complex. Updated production and stocks data from the United States Department […] Read more

ICE canola retreats ahead of USDA report

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The ICE Futures canola market was weaker at midday Friday, as bearish technical signals and a lack of significant end user demand continued to weigh on values. The United States Department of Agriculture releases its monthly supply/demand estimates at 11:00 CST with any surprises in the data likely […] Read more