ICE canola rising higher

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday as vegetable oils were mostly positive. Chicago soyoil and European rapeseed were up while Malaysian palm oil was down. Crude oil was also lower due to the slowing of the Chinese economy and a 50-day deadline for Russia to end […] Read more

Canadian Financial Close: Crude oil drops, new high for TSX

Glacier FarmMedia | MarketsFarm – The Canadian dollar eased off on Monday, but remained above the 73 United States cent mark. The loonie ended the day at US$0.7303 or US$1=C$1.3693, compared to US$0.7308 or US$1=C$1.3684 on Friday. The U.S. Dollar Index was up 0.23 of a point at 98.08. Earlier today, U.S. President Donald Trump threatened […] Read more


North American grain and oilseed Review: Canola dips lower

Favourable conditions weigh on U.S. prices

By Glen Hallick Glacier FarmMedia — Intercontinental Exchange canola futures were unable to hang on to the modest upticks they had on Monday, finishing with small declines. Despite areas on the Prairies confronted with dry conditions, for the most part the region’s canola crop is in fairly good condition. However that could change quickly if […] Read more

ICE Canola Midday: Struggling to find traction

Oilseed's condition varies across Prairies

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were a pinch lower by late Monday morning in light of mixed support. There’s support for canola coming from Chicago soyoil and Malaysian palm oil, but European rapeseed was mixed. Declines in Chicago soybeans and soymeal weighed on values. That received further […] Read more


ICE canola on both sides of unchanged

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were mixed and showed little movement despite support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil showed some strength due to tightening supply and possible upcoming United States sanctions against Russia. The Canadian […] Read more

North American Grain and Oilseed Review: Canola can’t shake Trump tariff threat

U.S. markets see losses across the board

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures finished lower in choppy trading on Friday, unable to shrug off pressure from the latest United States tariff threats. On Thursday, U.S. President Donald Trump said he will impose a 35 per cent levy come Aug. 1 on top of current tariffs […] Read more


ICE Canola Midday: Shrugging off Trump tariff threats

Canadian oilseed turning around after earlier losses

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were recovering late Friday morning from losses generated by tariff threats from United States President Donald Trump on Thursday. As Canada-U.S. trade talks progress towards the deadline of July 21, the president said he would slap an additional 35 per cent levy […] Read more

ICE canola drops amid trade threats

Glacier FarmMedia — ICE canola futures were at fresh one-month lows Friday morning, as the market reacted to the latest tariff threats from the United States. U.S. President Donald Trump said in a letter late Thursday that tariffs on Canadian imports would climb to 35 per cent on Aug. 1, from the current level of […] Read more


North American Grain and Oilseed Review: Modest gains for canola

A positive swing higher in U.S. markets

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday, riding support from other vegetable oils. Along with increases in European rapeseed, the Chicago soy complex turned around to finish on the upswing. However, Malaysian palm oil was still to the downside. Declines in crude oil put a […] Read more

ICE Canola Midday: Tacking on small increases

Part of positioning ahead of Friday's USDA report

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher late Wednesday morning in an attempt to stabilize after a series of sharp losses. “Canola is staging a bit of a rally,” an analyst said, noting the markets were positioning ahead of tomorrow’s supply and demand report from the United […] Read more