North American Grain and Oilseed Review: Canola rises on faded increases

Improvements all around in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed mostly higher on Monday but faded from much stronger increases earlier in the session. The November contract eased back despite poking its head above C$600 per tonne during trading, which is its 50-day moving average. An analyst commented that amounts to […] Read more

ICE Canola Midday: Stronger oilseeds providing a boost

But turnaround in crude oil leads to fading veg oil prices

By Glen Hallick Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures were higher at midday Monday, buoyed by a rally in the oilseeds. There were sharp gains in the Chicago soy complex and in European rapeseed with more modest increases for Malaysian palm oil. Crude oil prices turned pinch lower taking some support away from […] Read more


Global Markets: Harris edging out Trump in two polls

CBS, NBC puts VP four, five points ahead

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   United States Vice-President Kamala Harris is said to be five points ahead in the polls versus former  President Donald Trump, according to an NBC News poll released on Sunday. A CBS […] Read more

ICE canola continues higher to start week

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm—The ICE Futures canola market was stronger Monday morning, seeing a continuation of last week’s correction off contract lows. Gains in the Chicago soy complex provided spillover support, with European rapeseed and Malaysian palm oil also higher to start the week. The November contract was nearing chart resistance […] Read more





Canadian Financial Close: C$ steady

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm–The Canadian dollar held steady on Friday. The Canadian dollar settled at US$0.7372 or US$1=C$1.3565 on Friday, which compares with Thursday’s close of US$0.7373 or US$1=C$1.3563. Retail sales increased 0.9 per cent in July hitting C$66.4 billion, reported Statistics Canada. Early data from August suggests a 0.5 per […] Read more




ICE Midday: Canola lower as weekend approaches

Glacier FarmMedia MarketsFarm – The ICE Futures canola market was seeing another day of declines at midday Friday, due to weakness in most comparable oils. One analyst noted that negative price movement in Chicago soyoil and European rapeseed were pressuring canola prices, with the latter showing poor crop conditions. While small losses in crude oil pressured […] Read more