ICE Midday: Canola finds strength

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher in the middle of Thursday trading amidst mixed sentiment in comparable oils. Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was in a downturn on speculation OPEC+ could boost output next month. However, G7 finance ministers

ICE Canada Morning Comment: Canola pushing upward

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures continued higher on Thursday morning, attempting to add to yesterday’s increases. However, there was pressure from the advancing Prairie harvest and comparable oils. Manitoba reported yesterday that its overall harvest was 72 per cent completed, with 76 per cent of canola combined. Saskatchewan


North American Grain/Oilseed Review: Canola, soybeans make gains

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange corrected themselves on Wednesday after the November contract dropped below C$600/tonne for a brief period. Stronger soybean and vegetable oil prices underpinned gains.      An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might

ICE Midday: Canola hits critical price level

Glacier FarmMedia – The November canola contract on the Intercontinental Exchange dipped below C$600 per tonne earlier today before returning above that mark. An analyst said the slow pace of exports and the ongoing canola harvest are pressuring prices. Another analyst said the contract might test March lows at around C$580/tonne. Both of them doubt


ICE Canada Morning Comment: November canola around C$600

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, after the market was closed yesterday for a holiday. While the nearby November contract continued to hover above C$600 per tonne, it dipped below that level before returning above that mark. The advancing Prairie harvest, along with declines



ICE Midday: Canola under pressure from oils, harvest

Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another step lower in the middle of Monday trading, weakened by comparable oils and harvest pressure. Agriculture and Agri-Food Canada released its September principal field crop estimates on Friday, using Statistics Canada’s numbers to project the 2025-26 canola crop at 20.028 million tonnes, below some

ICE Canada Morning Comment: Canola to the downside

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures slipped back on Monday morning, due to pressure from losses in comparable oils. Chicago soybeans and soyoil plus Malaysian palm oil were to the downside while MATIF rapeseed was mixed. Losses in crude oil added more pressure on the vegetable oils. Agriculture and


ICE Canola Midday: Losing ground in ‘direction-less’ trade

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange slipped back late Friday morning, in what an analyst called “direction-less” trade. “Things are pretty much a typical Friday trading day ahead of the weekend,” the analyst said. While canola gleaned support from the Chicago soy complex, Malaysian palm was to

ICE canola returns to the red

Glacier FarmMedia – Canola futures on the Intercontinental Exchange turned lower on Friday morning amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly higher. Crude oil also made gains due to supply risks in Russia and a draw in United States stockpiles. The Canadian dollar