North American Grain and Oilseed Review: Canola backs up again

Sparse fresh news in holiday activity at CBOT

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures closed lower in holiday trading on Monday. As with Friday’s trading, canola was unable to hang on to its gains from the overnight session. That’s despite support from the Chicago soy complex, but Malaysian palm oil was lower and European rapeseed was

ICE Canola Midday: Increases turn softer

Soyoil moves lower, losses in palm oil, rapeseed

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures turned softer by late Monday morning, pulled away from stronger increases by a turnaround in Chicago soyoil along with losses in Malaysian palm oil and European rapeseed. Upticks in Chicago soybeans and soymeal helped to keep most of the actively traded canola contracts


ICE Canada Morning Comment: Canola rises in light activity

Light holiday trading

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pushed higher in light holiday trading on Monday morning, as they received support from gains in the Chicago soy complex. However, declines in Malaysian palm oil and most European rapeseed contracts stymied further increases in canola. Meanwhile, modest upticks in crude oil underpinned

North American Grain and Oilseed Review: Canola can’t sustain gains

U.S. wheat, corn edge higher, as soybeans fall

By Glen Hallick, MarketsFarm Glacier Farm Media MarketsFarm – As the trading of canola futures on the Intercontinental Exchange resumed following Christmas and Boxing Day, they failed to hang to their late session increases on Friday with most contracts closing to the downside. Pressure on the Canadian oilseed came from losses in Chicago soybeans and


ICE Canola Midday: Oilseed trying to recover

StatCan reports stronger November crush

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were mostly lower by late Friday morning, as trading resumed following Christmas and Boxing Day. However, those declines were softer than those in the overnight session. Pressure on the Canadian oilseed came from losses in Chicago soybeans and soymeal as well as in

ICE Canada Morning Comment: Canola slips back

Trading resumes following holidays

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were lower Friday morning as activity resumed following Christmas and Boxing Day. The March canola contract remained above its 20-day moving average but lagged behind its other major averages. Pressure on the Canadian oilseed came from declines in Chicago soybeans and soymeal along



ICE Midday: Canola lacking direction to start week

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was lower in the front contracts on Monday while comparable oils were mixed. Canola will be closed Christmas Day and Boxing Day. Chicago soyoil was steady, European rapeseed was steady to higher and Malaysian palm oil was sharply higher. However, crude oil was lower, mainly due


ICE Canada Morning Comment: Canola pushing higher

Recent losses overdone

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures were on the rise Monday morning amid ideas that recent losses were overdone. As well, positioning ahead of Christmas and Boxing Day was a feature. The canola market will be closed both days while the United States futures markets will close only for