ICE canola continues to rally

Glacier FarmMedia MarketsFarm – The ICE Futures canola market added onto Wednesday’s gains despite lighter trading activity and weakness in comparable oils. While European rapeseed was mostly higher, Chicago soyoil and Malaysian palm oil were both lower. Crude oil was also down due to increasing supply. The Canadian dollar is up less than one-tenth of […] Read more

North American Grain and Oilseed Review: Canola swings higher after holiday break

CBOT soybeans cling to small gains

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Wednesday, the first day of trading after Christmas and Boxing Day. The Canadian oilseed needed to play catch-up with gains made on Tuesday in the Chicago soy complex. Additional upticks on soybeans and soyoil lent more support to canola, while […] Read more


ICE Canola Midday: Prices catching up with Chicago trading

CBOT up Tuesday, lower Wednesday

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola pushed higher at midday Wednesday as trading resumed after being closed for Christmas and Boxing Day. Activity in canola, as well as European rapeseed, were catching up with the gains made yesterday in the Chicago soy complex. However the latter was lower on Wednesday, […] Read more

ICE canola mixed after Christmas, Boxing Day

Glacier FarmMedia MarketsFarm – There was mixed activity on the ICE Futures canola market as it re-opened after Christmas  and Boxing Day. While European rapeseed was up, Malaysian palm oil and Chicago soyoil were both down. Crude oil also lost ground due to greater supply. The Canadian dollar was up four-tenths of a United States cent […] Read more


North American Grain/Oilseed Review: Mixed bag for canola, grains

Glacier FarmMedia MarketsFarm – On the final trading day before Christmas, the January ICE Futures canola contract closed higher, while the deferreds were on both sides of unchanged before ending the day lower. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil, meanwhile, was steady. At mid-afternoon, the Canadian […] Read more

ICE Midday: Canola moving upwards before Christmas

Glacier FarmMedia MarketsFarm – On the final trading day before Christmas, the ICE Futures canola market traded higher despite weaker comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil was also slightly lower. The loonie was up one-tenth of a United States cent […] Read more


ICE Canada Morning Comment: Canola trying to maintain gains

Losing support from weakening vegetable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were trying to maintain their gains on Friday morning as support from comparable oils was dwindling. Upticks in Chicago soybeans and soyoil were shrinking and there were slight losses in soymeal. European rapeseed and Malaysian palm oil were steady to lower. Modest increases […] Read more

North American Grain/Oilseed Review: Canola down, grains mixed

Glacier FarmMedia MarketsFarm — Despite repeated attempts to make gains, the ICE Futures canola market went back into negative territory on Thursday, mainly due to weakness in comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both in the red, while European rapeseed was up. Crude oil had a negative correction […] Read more


ICE Midday: Canola slightly weaker on Thursday

Glacier FarmMedia MarketsFarm – The ICE Futures canola market went back into negative territory on Thursday, mainly due to weakness in comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both in the red, while European rapeseed was mixed. Crude oil had a negative correction after rallying over the past […] Read more

ICE Canada Morning Comment: Canola slips back with Chicago soy

Pressure coming especially from weaker soyoil

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Thursday morning, getting pressure from declines in the Chicago soy complex, particularly soyoil. Losses in global crude oil prices weigh on vegetable oil values. That saw Malaysian palm oil to the downside, while European rapeseed was narrowly mixed. The Canadian […] Read more