Insights and Stories on Canola Markets

Mar. 7, 2018 at 7:01 pm CST

CNS Canada — ICE Futures Canada canola contracts appear to have finally run into some resistance after trending higher for all of February. While a return higher is possible, canola will take most of its direction going forward from what happens in outside markets. The May canola contract hit a […]

By Phil Franz-Warkentin

Feb. 21, 2018 at 6:32 pm CST

CNS Canada — ICE Futures Canada canola contracts rode the coattails of a surging soymeal market during the week ended Wednesday, but one big rain in Argentina could halt the rally in its tracks. “If there’s more rain in the forecast we will lose ground,” said Mike Jubinville of ProFarmer […]

By Dave Sims

Jan. 17, 2018 at 4:46 pm CST

CNS Canada — ICE Futures Canada canola contracts remain stuck in a sideways trading pattern, with little hint of which way values will eventually break. Canola “is getting tugged from different sources,” said Ken Ball of PI Financial in Winnipeg, adding that “it could go up or down $5 depending […]

By Phil Franz-Warkentin

Jan. 4, 2018 at 9:42 am CST

CNS Canada – ICE Futures Canada canola contracts may be showing some strength to start the New Year, but the overall trend remains sideways, according to an analyst. “Everything is hovering around C$500, which has been a magnet for the past year-and-a-half,” said David Derwin, Commodities Investment Advisor with PI […]

By Phil Franz-Warkentin

Nov. 20, 2017 at 2:30 pm CST

Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with […]

By Phil Franz-Warkentin