ICE canola underpinned by tightening supplies

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Friday, hitting fresh three-month highs as tightening supplies and the need to ration demand provided support. Statistics Canada reported canola stocks in the country as of Dec. 31 at 11.382 million tonnes, which compares with 14.087 million at


ICE Canada Morning Comment: Canola stocks drop

StatCan releases stocks report

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher on Friday morning following the release of Statistics Canada stocks report. Total on farm and commercial canola stocks as of Dec. 31 were estimated at 11.38 million tonnes, down from 14.09 million a year ago. StatCan said the reduced stocks were

North American grain/oilseed review: Canola climbs higher

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market posted solid gains on Thursday, hitting its highest levels since November. Chart-based buying was a feature, with solid end user demand and tightening supply projections also underpinning the futures. The temporary pause on tariff threats from the United States announced earlier in the


ICE canola up at midday Thursday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger at midday Thursday, nearing chart resistance and taking back most of Wednesday’s losses. The temporary pause on tariff threats from the United States announced earlier in the week remained supportive, with canola gaining ground relative to the U.S. soy

ICE Canada Morning Comment: Canola on the rise

Grain stocks report out Friday

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher on Thursday morning, gleaning support from most comparable oils. There were increases in European rapeseed and Malaysian palm oil, but Chicago soyoil was virtually unchanged. More support came from gains in Chicago soybeans and soymeal. Upticks in crude oil spilled over


North American grain/oilseed review: Canola backs off nearby highs

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm — The ICE Futures canola market was weaker on Wednesday, backing away from the two-and-a-half month highs hit Tuesday as losses in outside markets weighed on values. Sharp declines in crude oil spilled into world vegetable oil markets on Wednesday, with Chicago soyoil, European rapeseed and Malaysian palm oil

ICE canola weakens at midday Wednesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Wednesday, taking back Tuesday’s gains as losses in outside markets weighed on values. Sharp declines in crude oil spilled into world vegetable oil markets on Wednesday, with Chicago soyoil, European rapeseed and Malaysian palm oil all lower. The


ICE Canada Morning Comment: Canola stepping back

Declines in soy pulling canola down

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower on Wednesday morning, following the Chicago soy complex to the downside. There were also losses in European rapeseed, but Malaysian palm oil nudged upward. Declines in crude oil weighed on vegetable oil values. Despite the pull back in canola this morning,