ICE Midday: Canola slips in up-and-down trade

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were declining in choppy trading mid-session Thursday amid mixed sentiment in vegetable oils. Chicago soyoil was slightly higher, but European rapeseed and Malaysian palm oil were lower. Meanwhile, crude oil made gains as trade optimism and a draw in U.S. stockpiles supported prices. A […] Read more

Global Markets: Retail sales down in May

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Thursday that retail sales decreased 1.1 per cent at C$69.2 billion in May, largely due to a 3.6 per cent decline at motor vehicle and parts dealers, as well as a […] Read more


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