Insights and Stories on Canola Futures

Sep. 28, 2018 at 4:55 pm CDT

CNS Canada — Large speculators continued to add to their net short positions in the ICE Futures canola market during the week ended Tuesday, according to the latest Commitment of Traders report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators grew their net […]

By Phil Franz-Warkentin

Sep. 26, 2018 at 5:17 pm CDT

CNS Canada — ICE Futures canola contracts moved off their nearby lows over the week ended Wednesday as persistent harvest delays provided support. Additional strength, however, may be dependent on movement in the Chicago soybean market. “Soybeans will be the driving force behind which way canola futures go,” said commodities […]

By Phil Franz-Warkentin

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. 12, 2018 at 6:27 pm CDT

CNS Canada — ICE’s November canola futures look poised to continue chopping around between the $490-$500 per tonne mark, as uncertainty over yields in Western Canada sows seeds of doubt throughout the trade. “Yields that have been coming in suggest the crop will be bigger than the (Statistics Canada) estimate,” […]

By Dave Sims