ICE Canola Midday: Futures swinging upward

Strong exports, domestic use continue

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were higher late Friday morning, as the March contract held above its major moving averages including the 200-day. Upticks in Chicago soyoil and Malaysian palm oil helped to bolster canola, while declines in soybeans and soymeal plus most European rapeseed contracts limited the

ICE canola moves higher

The ICE Futures canola market maintained its positive momentum on Friday morning to go with similar sentiment in comparable oils. The Canadian Grain Commission reported 202,500 tonnes of canola exported during the week ended Jan. 19, just 500 less than the previous week. So far this marketing year, 5.129 million tonnes were shipped compared to


North American Grain and Oilseed Review: Bullish market heading into confusing future

Chicago soybeans, corn move upward

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday in a bullish market. Support from gains in Chicago soybeans and soyoil, along with those in European rapeseed helped to push canola upward today. However, gains were tempered by declines in Chicago soymeal and Malaysian palm oil. Losses

ICE Canola Midday: Confusing future for Canadian oilseed

Tariff threats vs. tighter supplies

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were climbing higher late Thursday morning, propelled by gains in Chicago soyoil and European rapeseed. Additional support came from upticks in Chicago soybeans, while soymeal eased back. Slight increases in crude oil were spilling over into the vegetable oils. While an analyst said


ICE canola rising slightly

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed minimal gains on Thursday morning despite negative values in vegetable oils. European rapeseed and Malaysian palm oil were lower, while Chicago soyoil was steady. However, crude oil was slightly higher. The Canadian dollar was down one-tenth of a United States cent compared to Wednesday’s close.

North American Grain and Oilseed Review: Rebalancing leads to gains in canola

CBOT fluctuates after yesterday’s strong increases

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm –Intercontinental Exchange canola futures clung to small increases on Wednesday after pulling back from larger gains. A trader said there’s a “rebalancing” of canola with Chicago soy, as the Canadian oilseed lagged by upwards to C$100 per tonne over the last two weeks. He noted that soyoil


ICE Canola Cash Close

The following are the closing cash canola prices from ICE Futures. Source: ICE Futures 1 Canada NCC Best Bid Price     Basis     Contract     Change CANOLA *Par Region          614.50   -15.00    March 2025   dn   2.40 Basis: Thunder Bay   650.10    20.00    March 2025   up   0.60 Basis: Vancouver     675.10    45.00    March 2025   up   5.60 All prices in Canadian dollars per

ICE Canola Midday: Oilseed rebalancing with U.S. soy

Lots of uncertainty looms over canola says broker

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were pushing higher late Wednesday morning, despite sharp losses in Chicago soyoil. “It’s a rebalancing,” said a broker. “(Canola) lagged the soy market by almost $100 per tonne over the last two weeks. Eventually that will reverse as the spreaders will push it


ICE canola regains positive momentum

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market recovered the previous day’s losses in the old crop contracts on Wednesday despite weakness in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small declines. The Canadian dollar was steady compared to Tuesday’s

North American Grain and Oilseed Review: Canola almost recovers

Strong gains for U.S. soybeans, wheat

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – In a dramatic turnaround, Intercontinental Exchange canola futures nearly erased all of their losses on Tuesday. While old crop contracts closed with small declines, the new crop positions tacked on slight increases. During the overnight session, double-digit losses were incurred after United States President Donald Trump