ICE canola posting solid gains at midday Tuesday

Glacier FarmMedia — The ICE Futures canola market was stronger at midday Tuesday, taking back Monday’s losses. Gains in Chicago soyoil provided some spillover support, although an analyst said there was no real fundamental reason behind the strength. European rapeseed held near unchanged while Malaysian palm oil was slightly firmer. The November contract was trading

ICE canola turning around on Tuesday

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday morning, gaining strength from comparable oils. Chicago soyoil and Malaysian palm oil made gains, while European rapeseed was lower. Crude oil continued its positive momentum after the United States and the European Union struck a new trade deal over the



ICE canola mostly weaker in choppy midday trade

Glacier FarmMedia — The ICE Futures canola market was mostly lower at midday Monday in choppy activity. Losses in Chicago soybeans and soyoil accounted for some spillover selling in the Canadian oilseed, although canola made some brief attempts at moving higher. The November contract tested support at both its 20- and 50-day moving averages but


ICE canola eases off

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange showed small losses on Monday morning to go with mixed sentiment in comparable oils. Chicago soyoil was higher to start the day, while European rapeseed and Malaysian palm oil were lower. Crude oil made substantial gains after the United States and the European Union

North American Grain/Oilseed Review: Canola rises, down day for grains

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Friday despite weakness in most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly up. Crude oil declined due to the Trump administration allowing Chevron to resume operations in Venezuela. Scattered showers and thunderstorms are


ICE Midday: Canola showing independent strength

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were stronger in the middle of Friday trading despite mostly negative sentiment in comparable oils. European rapeseed was mostly higher, while Chicago soyoil and Malaysian palm oil were lower. Crude oil was down on Chevron’s potential resumption of operations in Venezuela. The Canadian Prairies will

ICE Canada Morning Comment: Canola on the rise

November canola challenging $700/tonne

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning, despite getting mixed spillover from outside markets. While the Chicago soy complex and Malaysian palm oil were lower, European rapeseed was mostly higher. Crude oil was tacking on small increases, underpinning the vegetable oils. The November canola


North American Grain/Oilseed Review: Canola down, corn rises

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange ended slightly lower on Thursday after an up-and-down day of trade. Variable weather pressured the oilseed as did the November contract meeting resistance at the C$700 per tonne mark, as the contract remained near its 20- and 50-day averages. Chicago soyoil was higher, but

ICE Midday: Canola slips in up-and-down trade

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were declining in choppy trading mid-session Thursday amid mixed sentiment in vegetable oils. Chicago soyoil was slightly higher, but European rapeseed and Malaysian palm oil were lower. Meanwhile, crude oil made gains as trade optimism and a draw in U.S. stockpiles supported prices. A