North American grain/oilseed review: Canola at two-week highs

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market continued to correct off nearby lows on Wednesday, hitting its highest levels in two weeks in the nearby May contract. Gains in Chicago soyoil and Malaysian palm oil provided spillover support, although European rapeseed was mixed. The spread between canola and […] Read more

ICE canola continues higher Wednesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Wednesday, continuing to correct off nearby lows as the oilseed remains attractively priced compared to other options. Gains in Chicago soyoil provided spillover support, with Malaysian palm oil also firmer on the day. European rapeseed was mixed, but the […] Read more





ICE Canada Morning Comment: More gains for canola

Spillover support from most comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to climb higher Wednesday morning, on solid end-user demand and chart-based positioning. Canola’s recovery pushed the May contract closer to its 20-day moving average, while it remained well back of its other major averages. Additional support for the Canadian oilseed came from […] Read more