Insights and Stories on Canola Markets

Feb. 28, 2024 at 4:19 pm CST

Canola prices on the Intercontinental Exchange (ICE) went up during the week ended Feb. 28, but signs of upcoming extended rallies are hard to come by.

By Adam Peleshaty - MarketsFarm

Feb. 21, 2024 at 4:38 pm CST

The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.

By Glen Hallick - MarketsFarm

Feb. 20, 2024 at 12:05 pm CST

Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Feb. 5, 2024 at 3:27 pm CST

The large net short position in canola futures held relatively steady during the week ended Jan. 30, with speculative traders making only minor adjustments, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Feb. 1, 2024 at 10:02 am CST

Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.

By Glen Hallick - MarketsFarm