ICE Midday: Canola rising against selling pressure

WINNIPEG – The ICE Futures canola market was higher in the middle of trading, as prices were set to increase for the ninth straight day. Chicago soyoil was up one United States cent per pound, giving a lift to canola prices. Meanwhile, Malaysian palm oil was higher after the resumption of trading due to a […] Read more


ICE Canada Morning Comment: Palm, soy propping up canola

By Glen Hallick, MarketsFarm WINNIPEG, July 20 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mixed on Thursday morning, with the losses coming in the nearby November contract. Support for canola came from upswings in Malaysian palm oil and Chicago soyoil, while European rapeseed was mixed. Tepid gains in global crude oil prices provided some […] Read more



ICE Midday: Canola climbs with no summit in sight

WINNIPEG – The ICE Futures canola market moved upwards yet again in the middle of trading on Wednesday, primarily due to dry conditions on the Prairies and strength in comparable oils. Chicago soyoil gained more than two United States cent per pound, while European rapeseed also made gains. Malaysian palm oil was not traded due […] Read more

ICE Canada Morning Comment: Canola climbing further

Strong gains in soy complex, rapeseed

By Glen Hallick, MarketsFarm WINNIPEG, July 19 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Wednesday morning, benefitting from sharp upticks in the Chicago soy complex and in European rapeseed. Additional support came from modest gains in global crude oil prices, while declines in Malaysian palm oil applied some pressure on further increases […] Read more



ICE Midday: Canola still in positive territory

WINNIPEG – The ICE Futures canola market left its upward trajectory unabated on Tuesday with another positive session. Chicago soyoil and European rapeseed were also higher in the middle of trading, while Malaysian palm oil was down. Crude oil gained more than US$1 per barrel after news that Russia will reduce its crude exports in […] Read more


ICE Canada Morning Comment: Nearby contracts climbing higher

Mixed support from comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, July 18 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures saw gains in the front months on Tuesday morning, with the lightly traded deferred positions steady to lower. Support for canola came from increases in Chicago soybeans and soymeal, while soyoil was relatively steady. European rapeseed was steady to higher while […] Read more