Insights and Stories on Canola Futures

Nov. 23, 2016 at 6:50 pm CST

CNS Canada — With questions about the size of Western Canada’s canola crop remaining, ICE Futures Canada traders are looking to an upcoming Statistics Canada report for indications on where to move next. Sharp advances in the Chicago Board of Trade soyoil market underpinned canola on the week, and investors […]

By Jade Markus

Nov. 21, 2016 at 8:43 pm CST

CNS Canada — Canadian canola crushers hit a new weekly record during the second week of November, processing more than 200,000 tonnes of canola for the first time ever. The canola crush during the week ended Wednesday came in at 203,951 tonnes, according to the most recent Canadian Oilseed Processors […]

By Phil Franz-Warkentin

Nov. 16, 2016 at 4:46 pm CST

CNS Canada –– ICE Futures Canada canola contracts find themselves trading within a rather narrow range, with a downturn more likely than a move higher in the near term. “We have a bull and a bear that are yanking each other right now, and (canola) is quite flat,” said analyst […]

By Phil Franz-Warkentin

Nov. 2, 2016 at 4:06 pm CDT

CNS Canada — The ICE Futures Canada canola market declined on the week, and those losses are likely to continue, one Winnipeg-based analyst says. “This is going to be dominated by yesterday’s reversal in the canola, and the weather,” said Ken Ball of PI Financial Corp. Canola on Tuesday lost […]

By Jade Markus

Oct. 26, 2016 at 4:57 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as persistent weather problems in Western Canada and gains in world vegetable oil markets provided support. “The most important variable for the canola market is trends in the global vegetable oil markets,” said Mike Jubinville […]

By Phil Franz-Warkentin