Photo: Thinkstock

Funds move to large net long position in canola

First net long since 2023

Speculative fund traders moved to a net long position in canola for the first time in one-and-a-half years, as they covered short positions and put on fresh bullish bets in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

ICE Canola Midday: Oilseed holding firm

Support from most comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were narrowly mixed late Tuesday morning, getting some support from comparable oils. Increases in the Chicago soy complex and European rapeseed spilled over into the canola, while Malaysian palm oil was relatively steady. Upticks in crude oil added to the gains in the […] Read more



Global Markets: Inflation nudges up

Higher fuel prices spur increase

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada reported on Tuesday the consumer price index for January climbed to an annualized rate of 1.9 per cent from 1.8 per cent in December. StatCan said energy prices rose […] Read more


ICE canola at three-month highs Tuesday morning

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was holding onto small gains Tuesday morning, as activity resumed after the long weekend. A firm tone in the Chicago soy complex provided underlying support, with European rapeseed and Malaysian palm oil also stronger. Chart-signals remain pointed higher, with canola futures touching […] Read more

Canadian Dollar and Business Outlook: Loonie slips to start the week

StatCan says inflation up in January

By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Tuesday morning due to gains in its United States counterpart and little direction from crude oil. As of 8:34 am CST, the loonie was at US$0.7042 or US$1=C$1.4201 compared to Friday’s close of US$0.7059 or US$1=C$1.4166. On the United States Dollar Index, […] Read more





Canadian Financial Close: C$ rises amid easing tariff concerns

Glacier FarmMedia | MarketsFarm — The Canadian dollar was stronger on Friday, finding support as tariff threats from United States President Donald Trump continue to be ‘more bark than bite.’ The Canadian dollar settled at US$0.7059 or US$1=C$1.4166, which compares with Thursday’s close of US$0.7021 or US$1=C$1.4242. Canadian manufacturing sales were up 0.3 per cent […] Read more

North American Grain and Oilseed Review: Canola ends week on high note

More gains for U.S. soybeans, corn, wheat

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures found some love on Valentine’s Day from most comparable oils. The Canadian oilseed received support from Chicago soybeans and soymeal, as well as Malaysian palm oil and European rapeseed, but Chicago soyoil was lower. Meanwhile, losses in crude oil weighed on the […] Read more