Tariffs topple ICE canola

The ICE Futures canola market retreated on Tuesday morning after United States President Donald Trump imposed tariffs on Canadian, Mexican and Chinese goods starting today. The tariffs were also felt in other markets. Chicago soyoil, European rapeseed and Malaysian palm oil were all in the red, while crude oil also declined. Despite a weakened U.S.




ICE canola continues lower to start week

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Monday, seeing a continuation of Friday’s downturn while taking some direction from the Chicago soy complex. Malaysian palm oil and European rapeseed futures were also softer on the day. Uncertainty ahead of United States tariffs set to


ICE canola starts week in positive territory

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made slight gains to start the week. Chicago soyoil and Malaysian palm oil were both higher while European rapeseed was mixed. Crude oil increased as uncertainty over tariffs and a deal to end the Russian invasion of Ukraine was in focus. The Canadian dollar was up

North American Grain and Oilseed Review: Weaker Chicago soy weighs on canola

Double digit losses in several contracts at CBOT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures saw another round of losses on Friday but a broker noted the Canadian oilseed remained cheaper when compared to product values. The Chicago soy complex was weaker, especially with sharp declines in soyoil. European rapeseed was down as well, but there were


ICE Canola Midday: Trade getting tired of tariff flip-flops

Canola down, but relatively stronger compared to product values

By Glen Hallick Glacier Farm Media MarketsFarm – Although Intercontinental Exchange canola futures were lower late Friday morning, a broker said the Canadian oilseed was relatively stronger compared to the products, which were down more. He added the losses in canola were “a routine correction.” The Chicago soy complex was falling back, including sharp losses

ICE canola stronger Friday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Friday morning, although activity was choppy and rangebound as participants squared positions ahead of United States tariffs set to come into effect next week. The May contract was trading near its 20-day moving average, after falling below the key


North American Grain and Oilseed Review: Too much pressure on canola to sustain gains

Weakness highlights trading in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures gave up their earlier gains on Thursday to close the day lower. Pressure on canola came from sharp losses in Malaysian palm oil and more modest declines in the Chicago soy complex. Upticks in European rapeseed and crude oil helped to temper

ICE Canola Midday: Tariff threat encouraging forward buying

Trumps says tariffs are coming March 4

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures edged higher late Thursday morning on concerns over forthcoming tariffs to be imposed by the Trump administration. “The tariff story is still the dominant issue,” an analyst stressed, suggesting there could be an eleventh-hour deal on March 3 to further postpone the levies.