ICE canola narrowly mixed at midday

Glacier FarmMedia — The ICE Futures canola market was narrowly mixed at midday Wednesday, seeing some consolidation after the large price swings of recent sessions. Gains in Chicago soybeans and soyoil provided spillover support. European rapeseed and Malaysian palm oil futures were holding relatively steady. The January canola contract touched its 50-day moving average to

ICE canola finds upside

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday following losses on Tuesday. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also showed losses after reports of gains in United States stockpiles. The Canadian dollar lost more than one-tenth of a U.S. cent


North American grain/oilseed review: Canola corrects lower

Glacier FarmMedia — ICE canola futures were weaker on Tuesday, taking back most of Monday’s gains as chart-based selling weighed on values. Losses in the Chicago soy complex accounted for some spillover weakness, although Malaysian palm oil and European rapeseed held closer to unchanged. A lack of any significant movement on trade talks with China

ICE canola weakens in ‘turnaround Tuesday’ trade

Glacier FarmMedia — “Turnaround Tuesday” speculative selling pressure weighed on the ICE Futures canola market at midday, although values remained stuck in a sideways range overall. Losses in the Chicago soy complex accounted for some spillover weakness, with European rapeseed also down on the day. A lack of any significant movement on trade talks with


ICE canola weakens amid bearish oils

Glacier FarmMedia – ICE canola futures dropped on Tuesday, taking back most of Monday’s gains in chart-based positioning as weakness in crude oil also carried over into the oilseeds. Chicago soybeans saw losses of at least 15 United States cents per bushel, while soyoil and European rapeseed were also down. Malaysian palm oil was higher.

North American grain/oilseed review: Canola climbs higher

Glacier FarmMedia — ICE canola futures posted solid gains on Monday, taking back most of Friday’s losses as trade optimism and spillover from a rally in the Chicago soy complex provided support. Chart-based buying was a feature, as the January contract moved to the upper edge of its sideways trading range. While there were no


ICE canola firm at midday Monday

Glacier FarmMedia — The ICE Futures canola market was higher at midday Monday, taking back some of Friday’s losses in choppy sideways trade. Gains in Chicago soyoil and soybeans provided spillover support. However, sharp losses in Malaysian palm oil in overnight activity and a softer tone in European rapeseed weighed on values. The Canadian dollar

ICE canola shows small declines

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower coming out of the weekend, but remained above the 20-day average for the January contract. Chicago soyoil, European rapeseed and Malaysian palm oil were down. Crude oil was steady after OPEC+ announced on Sunday it was halting production increases early in the new


North American Grain and Oilseed Review: Canola takes a hit

A Halloween hike in Chicago

A Halloween hike in Chicago By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange turned weaker on Friday, following losses in other vegetable oils to the downside. There were sharp declines in Chicago soyoil along with more moderate losses in MATIF rapeseed and Malaysian palm oil. Gains in Chicago soybeans

ICE Canola Midday: Falling back

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were weaker on Friday morning, as the other vegetable oils fell to the downside. Sharp losses in Chicago soyoil led the pull back, followed by more modest declines in MATIF rapeseed and Malaysian palm oil. Chicago soybeans were lower as well, but soymeal