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





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