ICE Midday: Canola, comparable oils rise higher

Glacier FarmMedia MarketsFarm – The ICE Futures canola market extended its rally on Wednesday courtesy of rising prices for most comparable oils. European rapeseed and Malaysian palm oil were up while crude oil was stronger due to weakness in the United States dollar and a drawdown in stockpiles. However, Chicago soyoil was slightly lower. The Canadian […] Read more



Global Markets: Toronto deluged by summer storm

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A large midday rain event caused power outages and flash flooding in Toronto on Tuesday. Many commuter routes were drenched with up to 100 millimetres of precipitation in only a matter of hours. Dozens of vehicles […] Read more


ICE Canada Morning Comment: Canola’s double-digit move upward

Oilseed swings towards high end of range

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were stronger on Wednesday morning, as the oilseed continued to swing back towards the high end of its range. Support for canola came from gains in the Chicago soy complex, Malaysian palm oil and European rapeseed. Upticks in crude spilled over into the […] Read more