Insights and Stories on Canola

Aug. 13, 2021 at 10:27 am CDT

MarketsFarm – It was a bit of a tough week for canola on the Intercontinental Exchange (ICE), although there was something of a bright spot after the release of the August supply and demand estimates from the United States Department of Agriculture (USDA). As one trader put it, canola did […]

By Glen Hallick - MarketsFarm

Aug. 11, 2021 at 4:53 pm CDT

MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower production. The drought across the Prairies dashed canola production estimates from the initially anticipated 20 million tonnes, to something that […]

By Glen Hallick - MarketsFarm

Aug. 5, 2021 at 8:46 am CDT

MarketsFarm – The ICE Futures canola market saw some large price moves during the week ended Aug. 4, hitting their lowest levels in a month as investors booked profits before recovering to hold relatively range-bound overall. More choppiness is expected over the next few weeks, as the market waits to […]

By Phil Franz-Warkentin

Jul. 29, 2021 at 9:24 am CDT

MarketsFarm – ICE Futures canola contracts held within a relatively narrow range during the week ended July 28, as traders wait to get a better handle on the size of the Canadian crop. “We’re just waiting to see as we get into harvest what the crop size and crop yields […]

By Phil Franz-Warkentin

Jul. 21, 2021 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial […]

By Phil Franz-Warkentin