Insights and Stories on Canola Markets

Dec. 4, 2019 at 5:45 pm CST

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 […]

By Phil Franz-Warkentin

Nov. 27, 2019 at 4:50 pm CST

MarketsFarm — The trench in which ICE Futures January canola now finds itself is expected to hold firm, according to Ken Ball of PI Financial in Winnipeg. “We’re developing a range for the January contract that might hold up for a while, around $455-$467 roughly,” he said. “We could kick […]

By Marlo Glass – MarketsFarm

Oct. 28, 2019 at 8:33 am CDT

Commodity fund traders were back on the sell side in canola and corn during the week ended Oct. 22, but added to their net long position in soybeans, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed […]

By Phil Franz-Warkentin

Oct. 23, 2019 at 5:39 pm CDT

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market […]

By Phil Franz-Warkentin

Oct. 16, 2019 at 8:33 pm CDT

MarketsFarm — One canola trader wouldn’t go so far as to calling the canola market lifeless, but it has remained rangebound for most of the week. That’s mainly due to pressure from harvest activity, which has carried on at an impressive pace on the Canadian Prairies despite being mired with […]

By Marlo Glass – MarketsFarm