Insights and Stories on Canola Futures

Sep. 13, 2017 at 5:21 pm CDT

CNS Canada — The canola market will likely be tested in coming days as harvest pressure, both north and south of the border, intensifies. While futures enjoyed a bounce upward following a bearish report from the U.S. Department of Agriculture on Tuesday, the technical bias appears to be pointed lower. […]

By Dave Sims

Sep. 11, 2017 at 7:35 pm CDT

CNS Canada –– ICE canola futures are looking bearish from a chart standpoint, with the November contract settling at its lowest point in more than two months on Monday at $485.70 per tonne. After declining about $25 per tonne over the past three weeks, the general trend still remains pointed […]

By Phil Franz-Warkentin

Sep. 6, 2017 at 4:53 pm CDT

CNS Canada — ICE Futures Canada canola futures remain stuck in a rather narrow range, with seasonal harvest pressure weighing on the one side while solid demand provides support on the other side. “We’ve been in a sideways trading environment for 2-1/2 years, and I don’t see that changing,” said […]

By Phil Franz-Warkentin

Aug. 31, 2017 at 4:50 pm CDT

CNS Canada — It was an eventful week for the ICE Futures Canada canola market as many in the trade were preparing for the release of Statistics Canada’s crop production report on Thursday. While the report is always taken lightly because it relies on month-old data, it still gives participants […]

By Dave Sims

Aug. 23, 2017 at 6:14 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved off of chart support during the week ended Wednesday, to hit its highest levels in two weeks. However, the market remains rangebound overall, as traders wait to get a better handle on the size of this year’s crop. With harvest operations […]

By Phil Franz-Warkentin