ICE canola turns lower Thursday morning

Glacier FarmMedia — ICE canola futures were weaker Thursday morning, retreating from overnight gains in choppy activity. News of thawing trade relations between the United States and China provided some support for soybean futures in Chicago — lending spillover strength to canola. However, soybeans were well off their overnight highs, while soyoil remained pointed lower



ICE Canola Midday: Riding support from Chicago soy

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange continued climb higher by late Wednesday morning. An analyst said the forthcoming meeting between Canadian Prime Minister Mark Carney and Chinese President Xi Jinping “is hard to quantify,” but their talk was providing some support to canola. The analyst said a

ICE canola turns lower Wednesday morning

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back some of Tuesday’s gains as speculative profit-taking weighed on values. Losses in the Chicago soy complex accounted for some spillover selling pressure. Malaysian palm oil was also lower in overnight trade, while European rapeseed was mixed. World leaders, including Canadian Prime Minister Mark


North American Grain and Oilseed Review: Canola closes higher

Trump/Xi meeting continues to push up U.S. prices By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Canola futures on the Intercontinental Exchange maintained their increases on Tuesday, avoiding yesterday’s late session fade. A trader said canola was again benefitting from the hype surrounding Thursday’s meeting between United States President Donald Trump and Chinese President Xi

ICE Canola Midday: Riding the spillover from soybeans

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were on the rise late Tuesday morning, pushed higher by Chicago soybeans, a trader said. Soybeans continued to ride the hype over the forthcoming meeting between United States President Donald Trump and Chinese President Xi Jinping at this week’s APEC conference


ICE canola posting small gains in choppy trade

Glacier FarmMedia — ICE canola futures were trading to both sides of unchanged Tuesday morning, with the bias pointing higher in early activity. Gains in Chicago soybeans provided spillover support for the Canadian oilseed. However, soyoil, Malaysian palm oil and European rapeseed futures were all weaker. Optimism over trade talks with China underpinned the market,



ICE Canola Midday: Spillover from potential U.S./China trade deal

By Glen Hallick Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were climbing higher late Monday morning, benefitting from news of a potential trade deal between the United States and China. That pushed the Chicago soy complex higher, with spillover finding its way into canola. Additional support came from increases in European

ICE canola strengthens on trade optimism Monday morning

Glacier FarmMedia — ICE canola futures were stronger Monday morning, touching their highest levels in the past month as optimism over trade negotiations with China provided some support. Prime Minister Mark Carney is expected to speak with Chinese president Xi Jinping at the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Malaysia