Insights and Stories on Canola

Apr. 18, 2018 at 6:42 pm CDT

CNS Canada — Canola futures are trading at roughly the same level they were a month ago, but the commodity is looking much more expensive from an end-user’s perspective, as crush margins have lost about $25 per tonne since the middle of March. “The Canadian dollar has been going up […]

By Phil Franz-Warkentin

Apr. 11, 2018 at 8:13 pm CDT

CNS Canada — It was a busy week for canola contracts on ICE Futures Canada as the most-active July contract rocked and rolled between $530 and $540 per tonne before settling Wednesday at the $528 mark. The last time the dominant canola contract was above the $535 mark was in […]

By Dave Sims

Apr. 10, 2018 at 4:50 pm CDT

CNS Canada — After hitting a contract high Monday, the ICE Futures Canada July canola contract subsequently turned decidedly lower to form a key reversal pattern from a chart perspective. July canola hit a high of $539.50 per tonne Monday, but settled right around where it started, near the lows […]

By Phil Franz-Warkentin

Apr. 5, 2018 at 5:30 am CDT

CNS Canada — ICE Futures Canada canola contracts moved steadily higher over the past week as grain markets reacted to a mounting trade dispute between China and the U.S. While no sanctions are yet in place, the back-and-forth sabre-rattling between the two countries now includes proposed Chinese tariffs on U.S. […]

By Phil Franz-Warkentin

Mar. 28, 2018 at 6:59 pm CDT

CNS Canada –– ICE Futures Canada canola contracts appear to be tilting to the downside as they enter the Easter break, and will likely need support from a key U.S. government report if they want to stay in their current range. At 11 a.m. CT, Thursday, the U.S. Department of […]

By Dave Sims