ICE review: Canola corrects higher Friday

Glacier FarmMedia — The ICE Futures canola market started the New Year under pressure but managed to uncover support to settle with small gains during the first trading session of 2026. The March contract fell below C$600 per tonne in early activity, initially encouraging additional speculative selling pressure. However, gains in Chicago soyoil provided spillover

ICE canola weaker to start 2026

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Friday, as falling below nearby technical support to start the New Year. The March contract fell below C$600 per tonne, which was bearish from a chart standpoint and encouraged additional speculative selling.  Chicago soybeans, European rapeseed and Malaysian palm oil futures were all weaker,


ICE canola begins 2026 in the red

Glacier FarmMedia – Canola futures on the Intercontinental Exchange entered the New Year in negative territory, as the March contract fell below C$600 per tonne amidst light trading. Chicago soyoil was steady, while European rapeseed and Malaysian palm oil were down. Crude oil also saw declines as oversupply concerns outweighed geopolitical tensions. Brent crude oil

North American Grain and Oilseed Review: Weakness on the last day of 2025

A lack of fresh positive news in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures pulled back in sparse activity on Wednesday, getting pressured by weakness in the Chicago soy complex. Losses in Malaysian palm oil also weighed on canola values, with some support coming from gains in most MATIF rapeseed contracts. Declines in crude oil pushed the


ICE Canola Midday: Losses getting bigger

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued lower at midday Wednesday, being dragged down further by declines in the Chicago soy complex, said a trader. “We’re looking at the U.S. market more than anything else,” the trader said. “We had a nice little run yesterday. Canola has

ICE Canada Morning Comment: Canola slips lower

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures stepped back Wednesday morning, following the Chicago soy complex to the downside. There were also losses in Malaysian palm oil, while MATIF rapeseed was mostly higher. Upticks in crude oil lent support to the vegetable oils. A record canola harvest and virtually no


North American Grain and Oilseed Review:Canola adds some ground

More losses in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures closed higher on Tuesday, getting some support from gains in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. A trader suggested that the speculative funds also held sway over the canola market, pushing prices higher. The trader said the canola crushers have having



ICE Canola Midday: Tacking on modest increases

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher at midday Tuesday, however a Winnipeg-based trader said he’s unsure as to what’s supporting the increases. The trader suggested the gains might be due to the speculative funds, which he believes have a great deal of control over the

ICE Canada Morning Comment: Finding positive traction

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were higher on Tuesday morning, turning around from yesterday’s losses. There was support for canola coming from gains in the Chicago soy complex, Malaysian palm oil and MATIF rapeseed. Upticks in crude oil added to the increases in the vegetable oils. The March