ICE Canada Morning Comment: Canola eases back

Uncertainty looms over market

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures dipped Wednesday morning in choppy trading. Small losses in Chicago soyoil, European rapeseed and Malaysian palm oil helped to push canola lower. However, gains in Chicago soybeans and soymeal as well as crude oil underpinned the vegetable oils. Canola’s March contract held above […] Read more




“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg

Canadian canola exports surging in 2024/25

China top customer

Canadian canola exports continued to stay far above those in 2023/24, the Canadian Grain Commission reported earlier in January. In the CGC's monthly report those outbound shipments of canola from licensed facilities at the end of November reached 3.84 million tonnes which are up by more than 80 per cent from a year ago.






North American grain/oilseed review: Canola corrects lower

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Tuesday, as traders took profits after recent gains. The March contract held above its 200-day moving average, with the former resistance level now providing support at around C$640 per tonne. Gains in Chicago soyoil and a steady tone in European […] Read more



ICE canola weakens Tuesday on profit-taking after recent gains

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting small losses at midday Tuesday, seeing some consolidation after climbing higher the previous two sessions. The March contract was holding above its 200-day moving average, with the former resistance level now providing support at around C$640 per tonne. Gains in […] Read more