Insights and Stories on Canola

ICE weekly outlook: Canola, soybeans – keep an eye on South America

Dec. 24, 2020 at 9:15 am CST

MarketsFarm – After canola incurred six consecutive sessions of gains in which new contract highs were reached, the Canadian oilseed took a bit of tumble on the Intercontinental Exchange. Such is a sample of the volatility in the market during the holidays. Keith Ferley, a trader with RBC Dominion Securities […]

Canadian canola crush running strong

Dec. 23, 2020 at 2:54 pm CST

By MarketsFarm Team

Funds sitting on large net long in canola

Dec. 18, 2020 at 7:08 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola holds over $600

Dec. 16, 2020 at 8:18 pm CST

By Marlo Glass – MarketsFarm

ICE weekly outlook: Canola entering holiday mode

Dec. 9, 2020 at 7:46 pm CST

By Phil Franz-Warkentin

Fund net long in canola steady, despite liquidation in U.S.

Dec. 4, 2020 at 7:43 pm CST

MarketsFarm — The large net long position fund traders are holding in canola futures held relatively steady during the week ended Tuesday, despite long liquidation in U.S. grains and oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund […]

By Phil Franz-Warkentin

ICE weekly outlook: Two reports likely to increase canola values

Dec. 2, 2020 at 4:25 pm CST

MarketsFarm — Although canola has seen some backpedalling this week, the markets should get two good shots in the arm from a pair of reports, according to Wayne Palmer, analyst with Exceed Grains in Winnipeg. The first will very likely come from the principal field crops report , to be […]

By Glen Hallick - MarketsFarm

ICE weekly outlook: Canola stronger at midweek

Nov. 25, 2020 at 5:15 pm CST

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a few dollars after losing $7 in the prior day’s trade. Keith Ferley of RBC Dominion Securities in Winnipeg said canola’s […]

By Marlo Glass – MarketsFarm

October crush numbers up, canola record set

Nov. 24, 2020 at 6:26 pm CST

MarketsFarm — Canadian oilseed processors crushed a record amount of canola during October 2020, according to the latest data from Statistics Canada. Increases were reported throughout the canola and soybean crushes when comparing this October with October 2019. October 2020 saw 931,060 tonnes of canola crushed, which bested the previous […]

By MarketsFarm Team

ICE weekly outlook: Canola still climbing, watching beans

Nov. 18, 2020 at 4:36 pm CST

MarketsFarm — The ICE Futures canola market has trended higher for the past five months and showed no signs of slowing down in mid-November, with prices hitting fresh contract highs on a number of days. January canola hit a session high of $571.40 per tonne, and settled Wednesday at $569.40. […]

By Phil Franz-Warkentin