ICE canola prices ease off

WINNIPEG – The ICE Futures canola market was slightly lower Thursday morning despite mixed sentiment in comparable oils. While Chicago soyoil was higher to start trading, both European rapeseed and Malaysian palm oil were mixed. Crude oil was also on either side of steady as traders weighed Chinese demand and the United States Federal Reserve’s […] Read more

North American Grain and Oilseed Review: Weaker comparable oils pull down canola

Soybeans, soyoil down hard at CBOT

By Glen Hallick, MarketsFarm WINNIPEG, Feb 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures fell back on Wednesday, pulled down by weakness in comparable oils. An analyst said the Canadian oilseed remains rangebound, climbing higher for a few days only to retreat for a few days. Chicago soybeans and soyoil incurred significant losses while soymeal […] Read more


ICE Canola Midday: Prices lower, remaining rangebound

Weaker comparable oils applying pressure

By Glen Hallick, MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were lower at midsession on Wednesday, being pulled down by weakness in comparable oils. The Chicago soy complex was experiencing significant declines in soybeans and especially soyoil, while soymeal was down slightly. European rapeseed was grinding lower, and the Malaysian palm […] Read more

ICE canola at a standstill

WINNIPEG – The ICE Futures canola market was struggling to find direction on Wednesday morning as traders await a potential key interest rate hike from the United States Federal Reserve. Chicago soyoil was down along with Malaysian palm oil. European rapeseed was mixed with positive sentiment. Crude oil was also mixed and struggling to find […] Read more


North American Grain and Oilseed Review: Canola climbs higher on its own

Wheat up, corn down, soybeans mixed at CBOT

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were higher on Tuesday in a show of independent strength as support from comparable oils was mixed. There were strong upticks in Chicago soyoil, but soybeans were either side of steady while soymeal was lower. Malaysian palm oil was also down, […] Read more

ICE Canola Midday: Oilseed showing some independent strength

There's nervousness in the markets says trader

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 31 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were mostly higher at midsession on Tuesday, in a show of independent strength according to a trader. The only loss was in the new crop November contract. Trading was very choppy among the markets, with factors such as the war in […] Read more


ICE canola mostly higher on Tuesday

WINNIPEG – The ICE Futures canola market was mostly higher on Tuesday morning as traders await key interest rate decisions by central banks, including the United States Federal Reserve. Chicago soyoil was slightly lower, while European rapeseed was mostly lower. Malaysian palm oil was also down this morning. Crude oil also showed weakness as the […] Read more

North American Grain and Oilseed Review: Canola starts new week with sharp upticks

A positive start to the week at CBOT

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger on Monday with he largest gains in the old crop months. An analyst said the sharp upticks in the Canadian oilseed were likely due to an increase in short covering. Support for canola came from a stronger Chicago soy […] Read more


ICE Canola Midday: Short covering fueling upswing

Additional support from other veg oils

By Glen Hallick, MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were stronger at midsession on Monday, with increases for the old crop months in the mid to higher teens. While support was coming other vegetable oils, an analyst suggested the upticks in canola were due to increased short covering. Additional support […] Read more

ICE canola jumps to start week

WINNIPEG – The ICE canola futures market surged higher to start the week, supported by higher soybean prices and a weaker Canadian dollar. Chicago soyoil was on the rise at the start of trading Monday, while European rapeseed was mostly higher. Malaysian palm oil, on the other hand, was mostly lower. Crude oil was down […] Read more