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North American Grain and Oilseed Review: Canola’s front months nudge up

Wheat leads CBOT futures higher

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were mixed on Thursday, with small increases in the old crop months and losses in the new crop positions. While gains in Malaysian palm oil, along with Chicago soybeans and soymeal provide support to canola, losses in Chicago soyoil and MATIF rapeseed weighed on values.

ICE Canola Midday: Trying to hang on to increases

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mixed on Thursday, struggling to recoup and maintain earlier gains. An analyst said there was, “not too much at play” in the markets on Thursday. An about-face in Chicago soyoil took away a lot of canola’s strength, although soybeans and soymeal remained


ICE canola correcting lower Thursday morning

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, taking back some of Wednesday’s gains. Chart-based positioning was a feature, as canola was starting to look overbought by some technical indicators. Losses in Chicago soyoil also weighed on values, although soybeans were higher. European rapeseed and Malaysian palm oil were narrowly mixed on the

North American Grain and Oilseed Review:Big gains for canola

Sharp improvements in CBOT soybeans, soyoil

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed stronger on Wednesday, riding the spillover from sharp increases in Chicago soybeans and soyoil. There was additional support from gains in MATIF rapeseed and Malaysian palm oil. Also, canola continued to benefit from Friday’s Canada-China trade deal and news that China bought 60,000 tonnes


ICE Canola Midday: Good spillover support from soybeans, soyoil

Uncertainty over Chinese import volumes

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on late Wednesday morning, gleaning spillover from upswings in Chicago soybeans and soyoil. Additional support came from increases in MATIF rapeseed and Malaysian palm oil. Meanwhile, crude oil was relatively steady, providing little direction to the vegetable oils. The Canada-China trade

ICE canola stronger Wednesday morning

Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, finding spillover support from gains in outside markets. The Chicago soy complex, European rapeseed and Malaysian palm oil futures were higher. The reduction of Chinese tariffs on Canadian canola announced last week remained supportive. March canola was trading above most of its major moving averages,



North American Grain and Oilseed Review:Old crop canola can’t retain gains

Greenland issue weighs on U.S. values

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures incurred losses in the old crop contracts on Tuesday, fading from earlier increases. The new crop positions hung on to modest gains. Upticks in Chicago soyoil evaporated as well, closing with small losses as did soybeans. Increases in Malaysian palm oil, MATIF rapeseed, Chicago soymeal


ICE Canola Midday: Building on trade deal momentum

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange continued to push higher on late Tuesday morning. An analyst said the increases are due in part to Friday’s Canada-China trade deal. “I would say it’s a little bit of follow-through,” the analyst said, noting there’s often some new year optimism in the

North American Grain and Oilseed Review:Modest gains in most canola contracts

No trading today in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia – Intercontinental Exchange canola futures closed mostly higher on Monday, but the March contract dipped lower in choppy trading. Trading volumes were less than normal as the United States markets were closed for Martin Luther King Jr. Day. Support for canola continued to come from Friday’s Canada-China trade deal