North American Grain/Oilseed Review: Grains, oilseeds in negative territory

Glacier FarmMedia – Canola futures on the Intercontinental Exchange erased yesterday’s gains on Friday due to harvest pressure, less demand and weaker vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil made gains after Russia attacked Ukrainian natural gas facilities Thursday night. An analyst said November canola may try […] Read more

ICE Midday: Pressure returns for canola

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were going down in the middle of Friday trading, mainly due to weaker vegetable oils, harvest pressure and a lack of exports. Chicago soyoil, European rapeseed and Malaysian palm oil were down. However, crude oil was higher after Russia attacked Ukrainian natural gas facilities last night. […] Read more


ICE Canada Morning Comment: Canola pulling back

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Friday morning, as the advancing Prairie harvest and a lack of support from most comparable oils weighed on values. Saskatchewan reported its provincewide harvest reached 84 per cent finished with the canola at 71 per cent complete. Alberta is set […] Read more

North American Grain/Oilseed Review: Canola, soybeans rise again

Glacier FarmMedia — Canola futures on the Intercontinental Exchange were higher on Thursday amidst mixed sentiment in comparable oils.      Chicago soyoil was steady, European rapeseed was mostly higher and Malaysian palm oil was up. Crude oil lost more than US$1 per barrel on speculation OPEC+ might raise output in November.      An analyst said […] Read more


ICE Midday: Canola finds strength

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Thursday trading amidst mixed sentiment in comparable oils. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was in a downturn on speculation OPEC+ could boost output next month. However, G7 finance ministers […] Read more

ICE Canada Morning Comment: Canola pushing upward

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued higher on Thursday morning, attempting to add to yesterday’s increases. However, there was pressure from the advancing Prairie harvest and comparable oils. Manitoba reported yesterday that its overall harvest was 72 per cent completed, with 76 per cent of canola combined. Saskatchewan […] Read more


North American Grain/Oilseed Review: Canola, soybeans make gains

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange corrected themselves on Wednesday after the November contract dropped below C$600/tonne for a brief period. Stronger soybean and vegetable oil prices underpinned gains.      An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might […] Read more

ICE Midday: Canola hits critical price level

Glacier FarmMedia – The November canola contract on the Intercontinental Exchange dipped below C$600 per tonne earlier today before returning above that mark. An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might test March lows at around C$580/tonne. Both of them doubt […] Read more


ICE Canada Morning Comment: November canola around C$600

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, after the market was closed yesterday for a holiday. While the nearby November contract continued to hover above C$600 per tonne, it dipped below that level before returning above that mark. The advancing Prairie harvest, along with declines […] Read more