ICE canola holding onto gains at midday Wednesday

Glacier FarmMedia — The ICE Futures canola market was holding onto small gains at midday Wednesday, consolidating in a narrow range just above the five-month lows hit last week. While tight old crop supplies remained supportive, the new crop harvest is progressing rapidly amid relatively favourable weather conditions. Losses in Chicago soybeans put some pressure

ICE Canada Morning Comment: Canola attempting to bounce back

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures swung higher on Wednesday morning, attempting to recover the previous day’s losses. Support for canola came from upticks in Chicago soyoil and European rapeseed, but losses in Chicago soybeans and soymeal as well as Malaysian palm oil limited the climb higher. Modest gains



ICE canola weaker in choppy trade

Glacier FarmMedia — The ICE Futures canola market traded to both sides of unchanged Tuesday morning, with the bias pointing lower at midsession as losses in Chicago soyoil spilled over to weigh on prices. Malaysian palm oil was also weaker on the day, although gains in European rapeseed provided some spillover support. Harvest operations were


ICE Canada Morning Comment: Canola trying to build momentum

StatCan releases stocks report

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were attempting to push higher on Tuesday morning, attempted to shed its overnight declines. Canola had been driven lower by losses in Chicago soyoil and Malaysian palm oil. Gains in Chicago soybeans and soymeal plus European rapeseed tempered further declines, while increases in



ICE canola holding onto gains at midday Monday

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Monday, as the market consolidated above the five-month lows hit last week. Outside markets were providing little support, with the Chicago soy complex narrowly mixed and losses in European rapeseed. Malaysian palm oil moved higher overnight but was

ICE Canada Morning Comment: Canola off to a positive start

Canola council takes umbrage with fed's announcement

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Monday morning, getting support from gains in most comparable oils. There were increases in Chicago soybeans and soyoil, while soymeal edged lower. Malaysian palm oil was higher but European rapeseed was mixed. As crude oil advanced, its spillover underpinned the


North American Grain and Oilseed Review: Canola loses momentum

Lots of red in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures failed to retain their gains on Friday, unable to withstand pressure from Chicago soy. Canola turned higher earlier in today’s session following news of China extending its investigation into allegations of canola dumping by Canada and a Canadian trade delegation heading to China

ICE Canola Midday: Factors combine for upward swing

Feds to announce funding for canola, biofuels

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued to rise on Friday morning, with what a trader said was a combination of factors. “We had a nice turn off of the lows yesterday,” the trader said, pointing to canola’s technicals, adding that there had been some short covering.