ICE Canada Morning Comment: Canola slipping back

Spillover from Chicago soy

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures slipped back on Thursday morning, unable to retain overnight increases. The Prairies continue to expect rain over the weekend. Those areas that recently received precipitation are likely see their crops maintained. However, crops in dry areas will need rain very soon. Support […] Read more

North American Grain/Oilseed Review: Canola rebounds, grains retreat

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Wednesday. This was despite the November contract finding resistance at the C$700 per tonne psychological level as it closed in on its 20- and 50-day moving averages. Chicago soyoil, European rapeseed and Malaysian palm oil were also higher, supporting canola prices. Crude […] Read more


ICE Midday: Canola rises to end downturn

Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange rebounded from recent losses in the middle of Wednesday trading, gaining strength from vegetable oils. The November contract was slightly below its 20- and 50-day averages. Chicago soyoil, European rapeseed and Malaysian palm oil made gains today. However, crude oil showed declines as the […] Read more

ICE Canada Morning Comment: Canola looking to recover

Increases in veg oils underpin canola's gains

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher on Wednesday morning, looking to build on overnight increases. Support for canola came from gains in the Chicago soy complex, European rapeseed and Malaysian palm oil. Slight losses in crude oil tempered further increases in the vegetable oils. The Prairie […] Read more



ICE Midday: Canola retreats further into the red

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remained lower in the middle of trading on Tuesday as comparable oils weakened. Chicago soyoil and European rapeseed were also pulling back while Malaysian palm oil was higher. Crude oil lost almost US$1 per barrel due to prospects of softer demand and higher production […] Read more


ICE Canada Morning Comment: Canola slipping lower

Declines in Chicago soy weigh on values

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures was lower on Tuesday morning, following Chicago soybeans and soyoil to the downside. The losses were tempered by gains in Malaysian palm oil, European rapeseed and Chicago soymeal. In turn, modest declines in crude oil limited the upside in the vegetable oils. […] Read more

North American Grain/Oilseed Review: Canola, CBOT grains down

Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange started the week lower. Despite easing away from heavier losses earlier in the day, they were still pressured by weaker comparable oils and recent rains on the Prairies. Although Chicago soyoil was stronger, European rapeseed and Malaysian palm oil were down. Crude oil declined […] Read more


ICE Midday: Canola tumbles to start week

Glacier FarmMedia | MarketsFarm — Canola futures on the Intercontinental Exchange opened the week’s trading with downward momentum, largely due to weaker comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were lower. Crude oil showed slight declines as the trade believes the effects of United States sanctions on Russian oil would be minimal. […] Read more

ICE Canada Morning Comment: Canola lower to start new week

Declines in comparable oils weigh on Canadian oilseed

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures ere pulling back on Monday morning, due to pressure from comparable oils. Declines in Chicago soybeans and oil, along with losses in European rapeseed and Malaysian palm oil weigh on canola values. A slight downturn in crude oil kept the vegetable oils […] Read more