ICE canola higher Thursday morning amid trade uncertainty

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting solid gains Thursday morning amid ongoing uncertainty over trade policies in the United States. After U.S. President Donald Trump hinted Wednesday that the broad 25 per cent tariffs on all imports from Canada and Mexico set to come into

North American Grain and Oilseed Review: Short covering spurs canola increases

Day of losses in Chicago

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around on Wednesday to climb higher, erasing a good chunk of their losses this week. An analyst credited the strength canola had to a “short-covering bounce.” He suggested that any tariffs the Trump administration could impose on Canada next week could


ICE Canola Midday: Canadian oilseed swings higher

U.S. tariffs if imposed, likely won't last long - analyst

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the upswing late Wednesday morning in what an analyst called a “short covering bounce.” The analyst suggested that if the Trump administration does press ahead with their tariffs against Canada next week, those levies won’t be in place for that long

ICE canola mixed in choppy early trade

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was trading to both sides of unchanged in choppy activity Wednesday morning, seeing some consolidation amid ideas sharp losses posted earlier in the week were overdone. Tightening supplies and the need to ration demand remained supportive for canola. Weakness in the


North American Grain and Oilseed Review: Tariff threat holds back canola

Soy complex mixed, as corn, wheat lower

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained lower on Tuesday after a few attempts to push higher. The threat of United States tariffs continued to weigh on canola values. Although the U.S. isn’t among Canada’s top foreign buyers of the oilseed, it’s the main export customer of the

ICE Canola Midday: Oilseed’s losses fading

U.S. tariff threats still loom over markets

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were attempting to recover by late Tuesday morning after they turned lower earlier. The threat of United States tariffs continued to be the main driver pushing canola downward. Although the U.S. is well back of Canada’s largest export customers of canola seed, it’s


ICE canola continues lower Tuesday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday morning, seeing a continuation of Monday’s sharp declines as an attempt at correcting higher ran out of steam. Canola had moved higher in overnight activity but quickly turned lower as the North American day session got underway. The

North American Grain and Oilseed Review: Canola takes hard hit

U.S. soybeans, corn wheat in the red

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed weaker on Monday, as concerns over United States tariffs ramped up. An analyst said that if the Trump administration were to impose their tariffs effective Mar. 4, and if Canada retaliates that any benefit canola is getting from its tight supplies


ICE Canola Midday: Looming tariffs pulls down values

Extremely difficult to make accurate prediction

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower at late Monday morning, as uncertainty over United States tariffs set to be imposed next week weighed on values. “I expect a big knee jerk reaction on Mar. 4,” an analyst stated, stressing that’s if the tariffs go ahead with Canada

ICE canola backing away from nearby highs to start week

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Monday morning, seeing a profit-taking correction to start the week as values backed away from their nearby highs. Losses in Chicago soyoil accounted for some spillover selling pressure on the canola market, with European rapeseed and Malaysian palm oil