Insights and Stories on Canola Futures

Mar. 8, 2017 at 4:23 pm CST

CNS Canada –– Canola declined on the week with near-term pressure, but looking to the spring, the market may tighten as crops of seasons past haunt upcoming production. Since last week, canola lost $5.70 per tonne in the May contract, closing at $527.20 on Wednesday. The canola market declined with […]

By Jade Markus

Mar. 2, 2017 at 5:51 pm CST

CNS Canada — Canola cash prices notched gains with recent news out of the U.S., but the market remains rangebound, and near-term support is likely to run dry. Canola cash prices were supported by a two-day rally in the futures, said Mike Jubinville of ProFarmer Canada, but crushers have widened […]

By Jade Markus

Mar. 1, 2017 at 5:12 pm CST

CNS Canada — ICE Futures Canada canola contracts recorded substantial gains during the week ended Wednesday, on speculation the Trump administration would alter biofuel regulations in the U.S., which sparked a flurry of buying. So far the specifics of any changes have yet to be announced, but already some in […]

By Dave Sims

Feb. 22, 2017 at 5:23 pm CST

CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is very sturdy,” said Ken Ball of PI Financial in Winnipeg, noting the Canadian oilseed has gained about $55 per tonne […]

By Phil Franz-Warkentin

Feb. 17, 2017 at 5:17 pm CST

CNS Canada — Canola crush margins have continued their downward slide, falling to their lowest levels in 10 months over the past week. As of Friday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $86 above the March contract, which compares with levels a month […]

By Phil Franz-Warkentin