From the ongoing war to Ukraine to an incoming second Trump administration, tensions with China, labour disputes, low water challenges and more: here are the biggest global forces tugging on the markets as farmers look to 2025.
Futures markets
The global forces that shaped 2024 grain markets
Will the same factors hold true as 2025 takes the stage?
Canola market equilibrium is fragile
Canola prices for western Canadian farmers likely to be guided by China, Trump in 2025
Canola prices for western Canadian farmers likely to be guided by China, Trump in 2025. The status quo, forged in September, has kept the canola market teetering on the brink of major upheaval.
North American Grain and Oilseed Review: Declines in soy, rapeseed weaken canola
At Chicago everything is in red
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower on Friday, pulled down by significant losses in the Chicago soy complex and European rapeseed. However, upticks in Malaysian palm oil tried to temper further declines. Modest increases in crude oil spilled over into the vegetable oils. An analyst suggested
ICE Canola Midday: Prices pulling back
Pressure from declines in soy complex, rapeseed
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower late Friday morning getting pressure from declines in the Chicago soy complex and European rapeseed. Meanwhile, upticks in Malaysian palm oil helped to stymie further losses in canola. Modest increases in crude oil lent support to the vegetable oils. An analyst
North American Grain and Oilseed Review: Canola starts 2025 on the right foot
A mixed day in Chicago
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed higher on Thursday, on the first day of trading for 2025. The markets in Canada and the United States were closed yesterday for New Year’s. Support for canola came from gains in Chicago soybeans and soymeal plus strong increases in European
ICE Canola Midday: Futures climbing
But outlook looks bearish
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures remained on the rise late Thursday morning on the first day of trading for 2025. The markets in Canada and the United States were closed Wednesday for New Year’s. Support for canola came from gains in the Chicago soy complex, although soybeans were
ICE canola starting 2025 on high note
The ICE Futures canola market maintained positive momentum entering the New Year on Thursday despite mixed sentiment in comparable oils. There was no canola trading yesterday. Chicago soyoil and Malaysian palm oil were down to start the day, while European rapeseed was higher. Crude oil was up more than US$1 per barrel after Russia decided
North American Grain and Oilseed Review: Canola closes out 2024 with slight gains
Positive notes at CBOT’s close for last day of trading in 2024
By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures posted small increases in light activity on Tuesday, the final day of trading for 2024. The markets in Canada and the United States will be closed Wednesday for New Year’s. As well, today is first notice day for January futures. As crude
ICE Canola Midday: Contracts gaining traction as 2024 wraps up
Gains in crude pushing up canola, other veg oils
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned around from earlier losses to be posting small gains late Tuesday morning in thin holiday trading. The markets in Canada and the United States will be closed tomorrow for New Year’s. Also, today marks the first notice day for January futures. As
ICE Canada Morning Comment: Canola slipping back
Markets closed tomorrow for New Year's
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued lower in sparse activity on Tuesday morning, as trading for the calendar year winds up. The markets in Canada and the United States will be closed Wednesday for New Year’s. Today also marks first notice day for January futures. Pressure on canola