Insights and Stories on Canola Futures

Apr. 1, 2015 at 4:57 pm CDT

CNS Canada –– The ICE Futures Canada canola market saw some large price swings during the week ended Wednesday, but ended relatively steady compared to prices seven days earlier. The market is starting to move into a nervous spring trading pattern, which kept prices relatively rangebound and should continue for […]

By Terryn Shiells

Mar. 18, 2015 at 4:12 pm CDT

CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but managed to find some support to the downside and are looking rangebound overall. Canola is still looking firm relative to Chicago (CBOT) soybeans, said broker Ken Ball of PI Financial in Winnipeg. While solid […]

By Phil Franz-Warkentin

Mar. 17, 2015 at 4:40 pm CDT

CNS Canada –– Fund traders are still holding large long positions in canola, but could be poised to start liquidating some of those positions as prices near key chart support. Funds are sitting on a long position in “the mid-40,000 area”, according to a canola broker. “Further technical weakness would […]

By Phil Franz-Warkentin

Mar. 11, 2015 at 5:52 pm CDT

CNS Canada — The ICE Futures Canada canola market was stronger during the week ended Wednesday, and is expected to stay in a higher trading range going forward. “For the front month May, C$448 per tonne is the support area. And right now we’re more than $20 above that,” said […]

By Terryn Shiells

Mar. 4, 2015 at 4:57 pm CST

CNS Canada — ICE Futures Canada canola contracts were lower for the week ended Wednesday, as continued losses in soybeans, and technical factors, weighed on canola values. The spillover weakness from soybeans was pronounced, according to analyst Wayne Palmer of Agri-Trend Marketing in Winnipeg, who noted beans were 40 cents […]

By Dave Sims