Insights and Stories on Canola Futures

ICE weekly outlook: Weather key to canola market

Jun. 24, 2015 at 6:38 pm CDT

CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key driver in the market. “This thing will keep going until we get some rain,” said Jerry Klassen, manager of GAP […]

ICE weekly outlook: New-crop canola to break $500

Jun. 17, 2015 at 5:04 pm CDT

By Terryn Shiells

Canola crush margins deteriorating

Jun. 16, 2015 at 8:06 pm CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola mixed after wild week

Jun. 10, 2015 at 6:07 pm CDT

By Dave Sims

ICE weekly outlook: Canola needs more fuel to keep rising

Jun. 3, 2015 at 6:09 pm CDT

By Phil Franz-Warkentin

Prairie canola basis levels soften as futures rally

Jun. 2, 2015 at 6:25 pm CDT

CNS Canada — The ICE Futures Canada canola market has moved sharply higher recently, but the cash market hasn’t followed along, as basis levels have generally seen a softening trend. “Generally we’ve been seeing companies widen their basis levels out a bit. Some have held them steady, some have just […]

By Terryn Shiells

Light rain on way for Prairie crops, but ‘soaker’ needed

May. 27, 2015 at 7:02 pm CDT

Winnipeg | Reuters –– Rain looks to splash parched farms on Western Canada’s Prairies over the next week as concerns mount that soil is too dry for canola to grow normally. Offsetting the concern somewhat is the region’s brisk pace of planting, which may wrap up by the weekend. The […]

By Rod Nickel

ICE weekly outlook: Weather to make or break canola market

May. 27, 2015 at 6:28 pm CDT

CNS Canada –– ICE Futures Canada’s canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, a weak Canadian dollar and worries about dry conditions damaging some crops in Western Canada underpinned canola. Dry conditions in […]

By Terryn Shiells

ICE weekly outlook: Canola bias points higher

May. 20, 2015 at 6:56 pm CDT

CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The most-frequently-traded July contract tested the $460 per tonne mark before backing off […]

By Dave Sims

ICE weekly outlook: Canola watching weather

May. 13, 2015 at 5:43 pm CDT

CNS Canada –– ICE Futures Canada canola contracts held rangebound during the week ended Wednesday, with small losses in the front months and gains in the more deferred positions. While activity remains somewhat subdued for the time being, any future moves will be highly dependent on weather conditions heading into […]

By Phil Franz-Warkentin