ICE Canada Morning Comment: Canola looking to shed losses

But pressure coming from lower comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – Intercontinental Exchange canola futures were mostly higher in choppy trading on Thursday morning. While Chicago soybeans and soyoil slipped back, soymeal was higher. Malaysian palm oil and European rapeseed were to the downside. Modest declines in global crude oil prices added pressure on to the vegetable



ICE Midday: Canola lower despite support from oils, loonie

WINNIPEG – The ICE Futures canola market showed weakness on Wednesday and tested support levels despite strength in comparable oils. While Chicago soyoil was down, Malaysian palm oil was up and European rapeseed was mostly higher. Crude oil gained more than US$1 per barrel after Tuesday’s explosion at a hospital in Gaza City. Iran’s foreign

ICE Canada Morning Comment: Canola trying to turn around

Support high comparable oils

By Glen Hallick, MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) – Intercontinental Exchange canola futures were mostly lower Wednesday morning, but were attempting to recover from Tuesday’s losses. Along with support from upticks in the Chicago soy complex, there was spillover coming from increases in European rapeseed, Malaysian palm oil and global crude oil prices. Scattered showers


Canola futures sit on the couch

Canola futures sit on the couch

Expert's Radar: Wheat responds to escalating hostilities

My step-counting watch is very good at reminding me to get up and move if I haven’t taken at least 250 steps in the past hour. That subtle vibration is usually enough to get me out of my chair to stretch my legs, although I sometimes miss the reminder. Agricultural futures rarely have a problem

North American Grain/Oilseed Review: Canola lower, soybeans rise

WINNIPEG — The ICE Futures canola market reversed direction on Tuesday, showing declines after making small gains on Monday. Chicago soyoil was down and European rapeseed was mostly lower. However, Malaysian palm oil prices were higher. Crude oil went down despite ongoing uncertainty in the conflict between Israel and Hamas. The Canadian dollar was down


ICE Midday: Canola turns around, goes lower

WINNIPEG – The ICE Futures canola market was reversing direction on Tuesday, showing small declines. Chicago soyoil was down and European rapeseed was mostly lower. However, Malaysian palm oil prices were higher. Crude oil was also up amidst ongoing uncertainty in the conflict between Israel and Hamas. The Canadian dollar was down more than one-tenth

ICE canola consolidating after recent gains

By Phil Franz-Warkentin, MarketsFarm   WINNIPEG, Oct. 17 (MarketsFarm) – The ICE Futures canola market was trading to both sides of unchanged Tuesday morning, with the bias to the downside as the futures saw some consolidation after posting gains the previous three sessions. Losses in Chicago soyoil and European rapeseed futures accounted for some spillover



ICE Midday: Canola slightly higher to start week

WINNIPEG – The ICE Futures canola market had small gains to start the week amid mixed sentiment in comparable oils and a stronger Canadian dollar. Chicago soyoil and Malaysian palm oil were both higher on Monday morning, but European rapeseed was lower. Crude oil was also down as many await a ground offensive by Israeli