ICE Canada Morning Comment: Canola on the rise

Spillover support pushing up prices

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, gleaning support from comparable oils. There were gains in the Chicago soy complex and European rapeseed, but Malaysian palm oil was lower. Moderate increases in crude oil spilled over into the vegetable oils. The canola harvest across the […] Read more






North American Grain and Oilseed Review: Canola higher after turning around

EPA announcement spins U.S. soyoil around

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed with modest gains on Friday, after starting the session with sharp declines. The main reason for the turnaround was Chicago soyoil, which had its own about-face on Friday. The United States Environmental Protection Agency made its long-awaited decision on biofuel exemptions […] Read more



ICE Canola Midday: Futures turn positive

Soyoil erases its losses, pulling canola along

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to recover from earlier losses on late Friday morning, as Chicago soyoil turned positive. Soyoil started Friday sharply lower after posting strong gains yesterday and it pulled along canola. A trader said the Trump administration was close to making an announcement […] Read more



Global Markets: Retail sales improve in June

Food and beverages sales led the way

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Statistics Canada said on Friday that June retail sales improved 1.5 per cent at $70.2 billion, with gains in all nine subsectors. Food and beverage retail sales led with an […] Read more

ICE canola reverses direction

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Friday morning with mixed sentiment in comparable oils. Agriculture and Agri-Food Canada raised its production estimate for new crop canola by more than two million tonnes at 20.1 million in its monthly report on Thursday. Statistics Canada will release its satellite and model-based […] Read more