Insights and Stories on Canola

ICE weekly outlook: Falling canola market seeks support

Nov. 1, 2023 at 5:56 pm CDT

MarketsFarm — The ICE Futures canola market continued its months-long downtrend as the calendar flipped over to November, with the futures looking for an outside catalyst to spark a corrective bounce. While canola has seen occasional attempts at correcting higher over the past two months, any gains proved short-lived. “The […]

Fund short position hits new record in ICE canola

Oct. 30, 2023 at 10:34 am CDT

By Phil Franz-Warkentin

More acres expected for soybeans, canola, Rabobank says

Oct. 26, 2023 at 4:19 pm CDT

By Adam Peleshaty

ICE weekly outlook: Canola pulling lower

Oct. 25, 2023 at 8:26 pm CDT

By Glen Hallick - MarketsFarm

Little change in AAFC’s October supply/demand outlook

Oct. 24, 2023 at 5:55 pm CDT

By Phil Franz-Warkentin

Managed money adding to net short positions in canola

Oct. 23, 2023 at 5:14 pm CDT

MarketsFarm — Managed money fund traders remain bearish canola, growing the net short position in the ICE Futures market to the second largest level of the past year, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 17, the net […]

By Phil Franz-Warkentin

ICE weekly outlook: Upside seen for canola prices

Oct. 18, 2023 at 8:22 pm CDT

MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne before rising up to $725.80/tonne on Monday, then ending the week at $711.70. The January contract went in similar directions, […]

By Adam Peleshaty

Fund short position grows in canola

Oct. 16, 2023 at 7:44 pm CDT

MarketsFarm — The managed money net short position in ICE canola futures continued to grow in early October as speculators liquidated long positions and put on new shorts, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 10, the net […]

By Phil Franz-Warkentin

Managed money fund traders increase bearish canola bets

Oct. 10, 2023 at 7:12 pm CDT

MarketsFarm — The managed money net short position in ICE Futures canola grew to its largest level in three and a half months in early October on a combination of long liquidation and new bearish bets going on the books, according to the latest Commitments of Traders report from the […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola looking for a spark

Oct. 4, 2023 at 7:41 pm CDT

MarketsFarm — The ICE Futures canola market hit its lowest levels in three months on the last trading day of September but has since uncovered some support in the first days of October. Canola “has found a level where it’s stabilized, but there’s not a lot of life right now,” […]

By Phil Franz-Warkentin