ICE Midday: Canola cautiously higher on new trade deal

Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed modest gains on Friday after Canada and China announced a new trade deal this morning. China will eliminate tariffs on Canadian canola meal, lobster, crabs and peas beginning on March 1, while canola seed will see a sharply reduced 15 per cent tariff. There were


ICE Canada Morning Comment: Tariffs on canola to drop

By Glen Hallick Glacier FarmMedia – Following the trade agreement reached between Canada and China, canola futures on the Intercontinental Exchange were higher on Friday morning. However, the gains stepped back from stronger increases earlier. Reports said the deal includes China cutting its tariffs on Canadian canola seed to 15 per cent come March 1,



ICE Midday: Canola fuelled by vegetable oils

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were making solid gains in the middle of Thursday trading, receiving support from vegetable oils. A Reuters report said that the United States will finalize its biofuel quotas by March and drop import penalties, giving a boost to oilseeds. Malaysian palm oil was mixed, but European

ICE Canada Morning Comment: Strong increases for canola

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Thursday morning, building on gains from the overnight session and despite weakness in comparable oils. With sharp losses in crude oil there were declines in Chicago soyoil and Malaysian palm oil, while MATIF rapeseed was steady to lower. Gains in Chicago soybeans






ICE Midday: Canola takes a step back

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower in the middle of Wednesday trading amidst a weaker Canadian dollar and mixed sentiment in comparable oils. Chicago soyoil was relatively steady, while European rapeseed and Malaysian palm oil were down. Crude oil made gains as tensions escalate in Iran. Canadian Prime Minister