January canola falls below C$600/tonne

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were still sliding back on Tuesday morning with no support from comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red. Crude oil was down by more than US$1 per barrel due to a stalling Chinese economy and progressing Russia-Ukraine peace

North American grain/oilseed review: Canola at nine-month lows

The ICE Futures CANOLA market was weaker on Monday, hitting fresh nine-month lows. Losses in outside markets accounted for some spillover selling pressure, with Chicago soyoil, European rapeseed and Malaysian palm oil all down on the day. Large supplies and the ongoing lack of export demand from China continued to weigh on values, despite solid


ICE canola continues lower to start week

Glacier FarmMedia — ICE Futures canola contracts were posting small losses at midday Monday, taking some direction from declines in the Chicago soy complex. The January soyoil contract fell below psychological chart support at 50 cents per pound, while the more-active March contract also tested that key technical level. Large supplies continue to overhang the

ICE canola remains in the red

Glacier FarmMedia – Canola futures on the Intercontinental Exchange resumed its downturn in early Monday trading, with the March contract C$30 per tonne below its 20- and 50-day averages. Chicago soyoil, European rapeseed and Malaysian palm oil were lower to start the day. Crude oil was also down slightly as oversupply fears outweighed tensions between


North American Grain and Oilseed Review:Sharp drops for canola

A down day in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures finished weaker on Friday, pulled down by losses in comparable oils as well as profit-taking. There were sharp declines in Chicago soybeans and soyoil, while soymeal edged up a little. Losses in MATIF rapeseed and Malaysian palm oil added to canola’s downturn. Crude



ICE canola weaker Friday morning

Glacier FarmMedia — ICE canola futures were weaker Friday morning, taking back most of Thursday’s gains. Soybean and soyoil futures in Chicago were down in early activity, accounting for some spillover selling pressure in canola. European rapeseed and Malaysian palm oil were also lower. Canada exported 289,200 tonnes of canola during the week ended Dec.

North American Grain and Oilseed Review: Canola closes higher

CBOT reacts to a number of reports

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures climbed higher on Thursday as traders look to exit the January contract. Increases in Chicago soybeans and soymeal as well as those in MATIF rapeseed supported prices, but declines in Chicago soyoil and Malaysian palm oil tempered the upside. Losses in crude oil


ICE Canola Midday: Prices trying to push higher

By Glen Hallick Glacier FarmMedia | MarketsFarm – There were small gains in canola on the Intercontinental Exchange mid-morning Thursday, as the Christmas lull takes greater hold over trading, an analyst said. The analyst said the only two factors that could spark major movement would pertain to geopolitics or the weather. Slight increases in Chicago

ICE canola narrowly mixed Thursday morning

Glacier FarmMedia — ICE canola futures were narrowly mixed Thursday morning, consolidating in a narrow range after moving higher in overnight trade. Chart-based positioning was a feature amid ideas the market was looking oversold. End-user bargain hunting was supportive, with wide crush margins thought to be encouraging demand from domestic processors. However, ongoing lack of