ICE Canada Morning Comment: Canola slips lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures stepped back Wednesday morning, following the Chicago soy complex to the downside. There were also losses in Malaysian palm oil, while MATIF rapeseed was mostly higher. Upticks in crude oil lent support to the vegetable oils. A record canola harvest and virtually no […] Read more




Canadian Financial Close: Loonie down a pinch

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar dipped on Tuesday, as the United States dollar was higher and crude oil lost its increases. The loonie closed at US$0.7303 or US$1=C$1.3693 compared to Monday’s close of US$0.7307 or US$1=C$1.3686. On the U.S. Dollar Index, the greenback was up 0.208 of a point […] Read more


North American Grain and Oilseed Review:Canola adds some ground

More losses in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, getting some support from gains in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. A trader suggested that the speculative funds also held sway over the canola market, pushing prices higher. The trader said the canola crushers have having […] Read more



ICE Canola Midday: Tacking on modest increases

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher at midday Tuesday, however a Winnipeg-based trader said he’s unsure as to what’s supporting the increases. The trader suggested the gains might be due to the speculative funds, which he believes have a great deal of control over the […] Read more