Insights and Stories on Canola Contracts

Sep. 23, 2018 at 4:27 am CDT

CNS Canada — Large speculators added to their net short positions in the ICE Futures canola market during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators grew their net short position […]

By Phil Franz-Warkentin

Sep. 19, 2018 at 6:42 pm CDT

CNS Canada — ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November […]

By Ashley Robinson - MarketsFarm

Sep. 5, 2018 at 8:14 pm CDT

CNS Canada — ICE Futures canola contracts recovered off of nearby lows over the week ended Wednesday, but failed to rise to the same extent as the product values as the commodity remains expensive compared to other oilseeds. With the harvest underway across the Prairies, traders are focused on yield […]

By Phil Franz-Warkentin

Jul. 25, 2018 at 6:45 pm CDT

CNS Canada — ICE Futures Canada’s canola contracts were up and down during the week ended Wednesday, lacking any clear direction as values consolidated above the nine-month lows set the previous week. “Canola is a follower and does not have a mind of its own,” said analyst Wayne Palmer of […]

By Phil Franz-Warkentin

Jul. 11, 2018 at 6:40 pm CDT

CNS Canada — ICE Futures Canada canola futures fell sharply lower during the week ended Wednesday, but could still have more room to the downside as the oilseed remains overpriced compared to the slumping U.S. soybean market. Mounting trade tensions between the U.S. and China led to a selloff in […]

By Phil Franz-Warkentin