Insights and Stories on Canola Futures

Jul. 9, 2019 at 8:03 pm CDT

MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in July 2 at […]

By Phil Franz-Warkentin

Jul. 3, 2019 at 6:33 pm CDT

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract […]

By Phil Franz-Warkentin

Jun. 26, 2019 at 7:15 pm CDT

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in a month during the week ended Wednesday as much-needed moisture also fell across much of Western Canada. While there are still plenty of areas of concern, the rain has taken some of the weather premium out of the […]

By Phil Franz-Warkentin

Jun. 19, 2019 at 6:50 pm CDT

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, […]

By Glen Hallick - MarketsFarm

Jun. 12, 2019 at 2:00 pm CDT

MarketsFarm — Canola markets were following trends set by soybean prices, as worries of late planting weighed on the minds of traders and farmers alike. As corn planting comes to an end, prolonged wet weather has continued to delay soybean planting to the point where the growing season may be […]

By Marlo Glass – MarketsFarm