Insights and Stories on Canola Contracts

Apr. 8, 2024 at 1:37 pm CDT

Managed money fund traders continue to chip away at the large net short position in canola futures, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Apr. 3, 2024 at 3:44 pm CDT

After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.

By Adam Peleshaty - MarketsFarm

Mar. 25, 2024 at 11:34 am CDT

Managed money fund traders continued to chip away at their large net short position in canola in mid-March, covering more of their large bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Mar. 6, 2024 at 4:12 pm CST

The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.

By Phil Franz-Warkentin

Feb. 14, 2024 at 3:52 pm CST

A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.

By Phil Franz-Warkentin