ICE Closing Review: Canola breaks downward late in trading

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange ended Wednesday in negative territory after showing gains for most of the session. Profit-taking and a drop in crude oil were the likely factors.      West Texas Intermediate crude oil was down after United States President Donald Trump suspended the Jones Act, which prevents foreign vessels […] Read more


ICE Midday: Canola maintains upward momentum

Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to rise higher on Wednesday, although the gains have cooled from earlier today. Chicago soyoil and Malaysian palm oil were up while European rapeseed was mostly higher in the middle of trading. Crude oil maintained its unfettered rise, gaining more than US$2.50 per barrel after […] Read more

ICE Canada Morning Comment: More gains for canola

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday morning, shedding overnight losses. The Chicago soy complex turned around as well, with strong gains in soyoil. MATIF rapeseed and Malaysian palm oil were also on the rise. Following overnight attacks in the Middle East war, crude oil was […] Read more



ICE Closing Review: Canola in the green

Glacier FarmMedia – It was a turnaround Tuesday for canola and comparable oils, recovering most of Monday’s heavy losses. A relative lack of news allowed many commodities to make gains, said an analyst. However, the delay of a meeting between United States President Donald Trump and Chinese President Xi Jinping to next month was still […] Read more


ICE Midday: Canola, crude oil rebounding

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were solidly in the green on Tuesday, recovering much of Monday’s losses on the strength of comparable oils. An analyst said a relative lack of news today has allowed little movement in commodities. However, the possibility of a delayed meeting between United States President Donald Trump […] Read more

ICE Canada Morning Comment: Reclaiming Monday’s losses

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were stronger on Tuesday morning, bouncing back from yesterday’s sharp losses. Crude oil was stronger following another round of missile and drone attacks in the Middle East. The United States Embassy in Baghdad and oil production facilities in the United Arab Emirates were […] Read more


U.S. Grain/Oilseed Review: Soybeans suffer severe losses

Glacier FarmMedia – Old crop SOYBEAN futures at the Chicago Board of Trade were down limit 70 United States cents per bushel after China signaled a willingness to buy more U.S. crops, but not necessarily soybeans, after meetings between respective trade representatives in Paris over the weekend. U.S. President Donald Trump commented on Sunday that […] Read more

ICE Closing Review: Canola under pressure by soybeans

Glacier FarmMedia – Canola futures on the Intercontinental Exchange ended Monday trading with heavy losses due to doubts over additional Chinese purchases of United States soybeans. In a meeting in Paris between U.S. Treasury Secretary Scott Bessent and Chinese trade officials over the weekend, the latter expressed interest in purchasing U.S. ag goods, but not […] Read more