ICE Canada Morning Comment: Canola dips lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures dipped lower on Tuesday morning, after starting the session on the upswing. Pressure came from losses in Chicago soyoil, but there were gains in soybeans and soymeal. Malaysian palm oil and MATIF rapeseed were also climbing upward, but declines in crude oil pressured



ICE Midday: Canola starts week in the red

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower in the middle of Monday trading, with the January contract trading below its 20-day average, amidst mixed sentiment in comparable oils. Chicago soyoil was slightly higher, while European rapeseed and Malaysian palm oil were down. Crude oil gained US$1 per barrel due to tensions

ICE Canada Morning Comment: Stepping back with other veg oils

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola was lower on Monday morning, along with the other vegetable oils. The Chicago soy complex, MATIF rapeseed and Malaysian palm oil were down modestly, while higher crude oil offered support. Statistics Canada is scheduled to release its production report on Thursday. Trade expectations have


North American Grain and Oilseed Review: Canola finishes in with dip

U.S. soybeans, corn higher, as wheat slips back

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed steady to lower on Friday, unable to hang on to gains in the last minutes of trading. It was a similar circumstance with MATIF rapeseed which was also steady to lower. Small losses in crude oil applied additional pressure on the vegetable

ICE Canola Midday: Prices nudging higher

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher mid-morning Friday, gleaning support from gains in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed. Although global crude oil was mixed, increases in West Texas Intermediate were spilling over into the vegetable oils. With the reduced trading hours today


ICE canola mostly higher heading into the weekend

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Friday morning. The Canadian Grain Commission reported 99,500 tonnes of canola were exported during the week ended Nov. 23, compared to 284,600 the previous week. So far this marketing year, 1.928 million tonnes were shipped compared to 3.695 million at this time

North American grain/oilseed review: Canola lower at final bell

Glacier FarmMedia — The ICE Futures canola market eased off earlier gains to settle with small losses on Thursday. Activity was thin and choppy, with markets in the United States closed for Thanksgiving. The January contract managed to hold above C$650 per tonne, which was supportive from a chart standpoint. Statistics Canada will release updated


ICE canola firm midday Thursday in quiet trade

Glacier FarmMedia — ICE Futures canola contracts were holding onto small gains midday Thursday in thin and choppy trade. Markets in the United States were closed for Thanksgiving and will only open for reduced hours on Friday. Many canola traders were also keeping to the sidelines. European rapeseed and Malaysian palm oil futures were higher

ICE canola eases off

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning despite strength from comparable oils. European rapeseed and Malaysian palm oil were higher, while crude oil was up slightly as Russia-Ukraine ceasefire talks outweighed rising United States supplies. Chicago soyoil was not traded due to the U.S. Thanksgiving day holiday. All