Insights and Stories on Canola Futures

Nov. 21, 2018 at 7:25 pm CST

CNS Canada — ICE Futures canola contracts fell to their lowest levels in 15 months during the week ended Wednesday, but found some support to the downside as traders reacted to activity in the Canadian dollar and Chicago soyoil. “Canola seems to be getting some short covering after a long […]

By Phil Franz-Warkentin

Nov. 16, 2018 at 8:02 pm CST

CNS Canada –– Speculators added to their net short positions in canola 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 increased their net short position to roughly 29,400 contracts in […]

By Phil Franz-Warkentin

Nov. 15, 2018 at 4:20 pm CST

CNS Canada — As global oilseed overproduction and a trade war rages on between the U.S. and China, producers should get used to lower canola prices, according to one analyst. “For the last two years (we’ve been) moving in a $480-$530 type of range. My best guess is that when […]

By Ashley Robinson - MarketsFarm

Nov. 8, 2018 at 10:15 am CST

CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola […]

By Phil Franz-Warkentin

Oct. 31, 2018 at 4:36 pm CDT

CNS Canada – It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the […]

By Ashley Robinson - MarketsFarm