ICE Canada Morning Comment: Canola pushing upward

But mixed signals from comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 16 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Thursday morning, due to support from some vegetable oils. While Chicago soybeans and soymeal were lower, soyoil nudged up by less than a tenth of cent. More support came from stronger gains in Malaysian palm oil and much […] Read more



ICE canola falls with broad selling pressure

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 15 (MarketsFarm) – The ICE Futures canola market was weaker at midday Wednesday, as broad selling pressure weighed on the North American grains and oilseeds. “There’s been a shift in the underlying sentiment of the markets,” said a broker on the general bearishness pervading the futures trade. The […] Read more

ICE Canada Morning Comment: Canola pulling back with other oils

Strong crush margins underpin canola values

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 15 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Wednesday morning, getting pressure from losses in comparable oils. There were declines in the Chicago soy complex, but soyoil was attempting to recover. European rapeseed and Malaysian palm oil were down as well. Added to that were small […] Read more



ICE canola weakens in choppy trade

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 14 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Tuesday, although values remained rangebound overall. “The (canola) market doesn’t know what to do, it’s just going up and down in a fairly narrow range,” said a trader on the choppy activity. Losses in […] Read more


ICE Canada Morning Comment: Comparable oils don’t have much to offer

Only palm oil is making gains

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 14 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were slightly lower on Tuesday morning, lacking support from comparable oils. The Chicago soy complex was falling back and there were small losses in European rapeseed, while Malaysian palm made modest gains. Global crude oil prices were lower, which put pressure […] Read more

North American Grain/Oilseed Review: Canola weakens with soyoil

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 13 (MarketsFarm) – The ICE Futures canola market settled lower on Monday, as losses in Chicago soyoil spilled over to weigh on prices. Malaysian palm oil was also down in overnight trade, but European rapeseed moved higher. Canola held rangebound from a chart perspective, with speculative positioning a […] Read more


ICE canola posting small losses at midday Monday

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Feb. 13 (MarketsFarm) – The ICE Futures canola market was posting small losses at midday Monday, taking some direction from Chicago soyoil. Malaysian palm oil was also down in overnight trade, but European rapeseed and Chicago soybeans moved higher. Canola was holding within a narrow trading range from a […] Read more

ICE Canada Morning Comment: Weaker comparable oils weigh on canola

Crush margins remain wide

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 13 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower on Monday morning, due to pressure from comparable oils. Chicago soyoil and soybeans were down, while soymeal was up. There were also declines in European rapeseed and Malaysian palm oil. Global crude oil prices were taking a small step […] Read more