ICE Midday: Canola drifting higher

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small increases in the middle of trading on Monday, mirroring little movement in vegetable oils. Chicago soyoil was steady while European rapeseed and Malaysian palm oil were slightly higher. Crude oil also made gains, with an analyst saying it was supported by upcoming talks

ICE Canada Morning Comment: Trying to shrug off overnight declines

Tight supplies, new crop issues hover over canola futures

By Glen Hallick Glacier Farm Media | MarketsFarm – Intercontinental Exchange canola futures were either side of unchanged on Monday morning, attempting to recover from overnight losses. Support for canola is mixed, with spillover coming from slight upticks in Chicago soyoil and Malaysian palm oil. European rapeseed along with Chicago and soymeal eased back while



ICE canola climbing higher at midday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains at midday Friday, moving back above some key chart levels. The nearby July contract was trading comfortably above C$700 per tonne at midday, after having tried and failed to hold above that level on several occasions throughout


ICE canola gaining as weekend approaches

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was in positive territory in early Friday trading, supported by comparable oils as well as depleted supplies and uncertainty in the upcoming crop. Chicago soyoil, European rapeseed and Malaysian palm oil were higher, while a resumption of talks between the United States and China was a

North American grain/oilseed review: Canola up Thursday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger on Thursday, with chart-based buying and spillover from soybeans providing support. Tight old crop supplies and production uncertainty for the new crop contributed to the gains. However, losses in soyoil and a firm tone in the Canadian dollar put some


ICE canola showing some strength at midday

By Phil Franz-Warkentin Glacier FarmMedia — The ICE Futures canola market was stronger at midday Thursday, recovering from early losses with speculative positioning a feature. Tight old crop supplies and production uncertainty for the new crop provided underlying support. Chicago soybeans were also up on the day, but soyoil was lower. A stronger tone in

ICE canola eases off to start Thursday

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed small declines on Thursday morning as it was pulled down by a stronger Canadian dollar and weaker vegetable oils. Chicago soyoil was steady, but European rapeseed and Malaysian palm oil were lower. Crude oil made gains despite a larger United States stockpile and Saudi Arabia



ICE canola mixed at midday Wednesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was narrowly mixed at midday Wednesday, with the old crop July contract showing some strength and the new crop months posting small losses. July canola was trading just below C$700 per tonne at midday, running into resistance after an earlier attempt at