North American Grain/Oilseed Review: Positives for canola, CBOT

Glacier FarmMedia -– Canola futures on the Intercontinental Exchange increased on Monday, reversing course from earlier losses.      Chicago soyoil and Malaysian palm oil were on the rise, while European rapeseed traded on both sides of unchanged. Meanwhile, crude oil prices were slightly higher despite oversupply fears.      An analyst said a lack of export

ICE Midday: Canola down, comparable oils mixed

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Monday trading amidst mixed sentiment in comparable oils. Chicago soyoil and Malaysian palm oil were up, while European rapeseed traded to either side of unchanged. Crude oil prices were down slightly. An analyst said a lack of export demand


ICE Canada Morning Comment: Canola steps back

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were lower on Monday morning, correcting from Friday’s gains. Although increases in the Chicago soy complex underpinned canola, Malaysian palm oil was relatively steady and MATIF rapeseed was sown slightly. Modest upticks in crude oil lent support to the vegetable oils. Despite canola’s

North American grain/oilseed review: Canola up with speculative positioning to end week

Glacier FarmMedia — The ICE Futures canola market was stronger on Friday, as chart-based positioning ahead of the weekend provided support. The January canola contract was back above its 20- and 50-day moving averages, which underpinned values from a chart standpoint. Gains in Chicago soybeans and soyoil provided spillover support, with European rapeseed also higher


ICE canola rising going into weekend

Glacier FarmMedia – Canola futures on the Intercontinental Exchange made solid gains on Friday morning, supported by positive momentum from most comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Crude oil prices were up despite negative sentiment during the week. The Canadian dollar added one quarter of a

North American grain/oilseed review: Canola falls Thursday

Glacier FarmMedia — ICE canola futures fell below nearby chart support on Thursday, as speculative profit-taking and spillover from losses in the Chicago soy complex weighed on values. The January canola contract was under its 20- and 50-day moving averages, hitting its lowest level in over a week which was bearish from a chart standpoint.


ICE canola falling at midday Thursday

Glacier FarmMedia — The ICE Futures canola market was weaker at midday Thursday, continuing its week-long pattern of moving up one day and down the next.      Steep losses in the Chicago soy complex accounted for much of the spillover selling pressure in canola, with European rapeseed also down on the day. However, Malaysian palm

ICE canola steps down

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower on Thursday, following the lead of most comparable oils. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also pulled back after Saudi Arabia cut its main oil price to Asia to its lowest level in 11