ICE Canada Morning Comment: Canola turns lower

Trade turning eyes toward Dec. 5 StatCan report

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pulling back slightly Monday morning, after closing Friday on a high note. Canola was pressured by losses in the Chicago soy complex. As well, Malaysian palm oil fell hard while European rapeseed turned mixed. Increased tensions in the Russia-Ukraine war helped to […] Read more




Canadian Financial Close: C$ continues downtrend

   Glacier FarmMedia | MarketsFarm — The Canadian dollar continued to weaken relative to its United States counterpart on Friday, hitting its lowest levels since the height of the Covid-19 pandemic in the spring of 2020. The Canadian dollar settled at US$0.7103 or US$1=C$1.4079 on Friday, which compares with Thursday’s close of US$0.7129 or US$1=C$1.4027. […] Read more



North American Grain and Oilseed Review: Canola’s big finish to tough week

All green in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Friday, closing out a difficult week on a high note. Over the last few days canola was hampered by declines. Support for the Canadian oilseed was derived from sharp upticks in the Chicago soy complex, Malaysian palm oil and […] Read more


ICE Canola Midday: Double-digit gains

Strong upticks in other veg oils

Intercontinental Exchange canola futures were stronger late Friday morning, after the week was highlighted by losses. Canola was bolstered by sharp increases in the Chicago soy complex and Malaysian palm oil, along with more modest upticks in European rapeseed. There was some pressure on the vegetable oils coming from slight declines in crude oil. The […] Read more