ICE Midday: Canola finding strength on lower loonie

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market bounced back on Wednesday despite mixed sentiment in comparable oils, due to a weaker Canadian dollar. Chicago soyoil and European rapeseed went up, while Malaysian palm oil was down. Crude oil was also slightly lower, being pressured by a stronger United States dollar. One analyst said

ICE canola rising Wednesday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Wednesday morning, taking some direction from Chicago soyoil. European rapeseed was also up on the day, although Chicago soybeans and Malaysian palm oil were lower. The March canola contract was trading above both its 20- and 100-day moving averages


North American Grain/Oilseed Review: Canola lower, wheat moves up

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market declined on Tuesday despite positive sentiment in comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil strengthened during the day. Crude oil prices were higher on signs of a tighter market. One analyst said if the March soyoil contract surpasses 41 United States cents per

ICE Midday: Canola diverges from rising oils

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market declined in the middle of trading on Tuesday despite positive sentiment for comparable oils. Chicago soyoil, European rapeseed and Malaysian palm oil all strengthened during the day. Crude oil prices were higher on signs of a tighter market. One analyst said if the March soyoil contract


ICE canola weakens Tuesday morning

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was posting losses Tuesday morning in thin and choppy trade. Losses in Chicago soybeans accounted for some spillover selling pressure, although European rapeseed and Malaysian palm oil futures were both higher on the day. The March canola contract dipped below its



ICE Midday: Canola given a boost by comparable oils

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market made small gains in the middle of trading on Monday to go with mostly positive movement in comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was down. Crude oil was also up, hitting its highest prices since October 2024. One analyst

ICE canola rising early Monday

By Phil Franz-Warkentin   Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was stronger Monday morning, taking some direction from the Chicago soy complex. Soybeans and soyoil were both higher to start the week, with European rapeseed and Malaysian palm oil also up in overnight trade. Chart-based positioning contributed to the gains in