North American Grain and Oilseed Review: Too much pressure on canola

U.S. soybeans, corn lower as wheat mixed By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures pulled back on Monday, due to an advancing Prairie harvest, lacklustre exports and pressure from outside markets. Alberta reported on Friday that its canola harvest was 13 per cent complete. Rain has been forecast for southern […] Read more

ICE Canola Midday: Losses getting sharper

By Glen Hallick Glacier FarmMedia | MarketsFarm – Declines in canola futures on the Intercontinental Exchange expanded late Monday morning, as the lack of support from other vegetable oils weighed on values. The Chicago soy complex was steady to lower and European rapeseed was down. The Malaysian palm oil market was closed for a holiday. […] Read more


ICE canola edges down to start week

Glacier FarmMedia — The ICE canola market was posting small losses Monday morning in thin and choppy trade. The nearby November contract settled above its 20-day moving average for the first time in more than a month on Friday and was starting the week consolidating around that key chart point. Gains in Chicago soyoil provided […] Read more

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

Glacier FarmMedia — ICE canola futures were stronger on Friday, hitting their highest levels in two-weeks. Optimism following a recent Canadian trade mission to China provided support, with chart-based a positioning a feature.A trade delegation to China had “constructive discussions” with Chinese officials, according to a statement from Prime Minister Mark Carney’s office. November canola […] Read more


ICE canola up at midday Friday

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Friday, finding spillover support from advances in Chicago soybeans and soyoil. Optimism over the possibility of easing tensions with China was also supportive. A trade delegation to the major canola buying country had “constructive discussions” with Chinese officials, according to a statement from […] Read more

ICE Canada Morning Comment: Canola on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were posting increases on Friday morning. Support for the Canadian oilseed came from gains in Chicago soybeans and soyoil as well as European rapeseed. That was tempered by declines in Chicago soymeal and Malaysian palm oil. Crude oil was higher, underpinning the vegetable […] Read more



ICE canola turning higher as day progresses

Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Thursday, recovering from early losses as oversold price sentiment provided support. Gains in Chicago soyoil and soybeans added to the firmer tone in canola, although European rapeseed was down on the day. While tight old crop supplies remained supportive, the advancing […] Read more


ICE Canada Morning Comment: Canola slightly lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were easing back on Thursday morning, in light of mixed support from comparable oils. There were gains in the Chicago soy complex and Malaysian palm oil but declines in European rapeseed. Crude oil was lower as well, putting pressure on the vegetable oils. […] Read more

ICE review: Canola corrects higher Wednesday

ICE canola futures were stronger on Wednesday, taking back Tuesday’s losses as the market continued to consolidate above the five-month lows hit last week. Chicago soyoil was also higher, providing some spillover support for the Canadian oilseed. European rapeseed was up on the day as well, but soybeans and Malaysian palm oil were lower. While […] Read more