Insights and Stories on Canola Markets

Nov. 8, 2018 at 10:15 am CST

CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola […]

By Phil Franz-Warkentin

Oct. 31, 2018 at 4:36 pm CDT

CNS Canada – It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the […]

By Ashley Robinson - MarketsFarm

Oct. 19, 2018 at 7:12 pm CDT

CNS Canada — Speculators covered short positions in the ICE Futures canola market during the week ended Tuesday, moving from a net short position to a small net long position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and […]

By Phil Franz-Warkentin

Oct. 17, 2018 at 8:12 pm CDT

CNS Canada — The ICE Futures canola market will bounce around in trade for the foreseeable future with the overall trend being downward, according to an analyst. “We’re just going to continue to migrate lower. (There) are going to be up days because nothing goes down forever,” said Wayne Palmer, […]

By Ashley Robinson - MarketsFarm

Oct. 3, 2018 at 7:05 pm CDT

CNS Canada — Wet and snowy weather now plaguing the Prairies isn’t to blame for the canola market’s recent upswing, according to one trader. “Canola’s been firm but it really hasn’t shown any reaction whatsoever to the weather; it’s going up because bean oil’s going up and it’s lagging the […]

By Ashley Robinson - MarketsFarm