Insights and Stories on Canola Prices

May. 1, 2019 at 4:54 pm CDT

MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to […]

By Phil Franz-Warkentin

Apr. 10, 2019 at 8:08 pm CDT

MarketsFarm — Canola contracts one the ICE Futures platform held within a narrow range during the week ended Wednesday, waiting for a catalyst to push futures one way or the other. To Errol Anderson of ProMarket Communications in Calgary, canola’s path is connected to a trade deal between the U.S. […]

By Glen Hallick - MarketsFarm

Jan. 30, 2019 at 5:29 pm CST

ICE canola futures are quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain senior marketing analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” he said. Two days […]

By Glen Hallick - MarketsFarm

Aug. 29, 2018 at 7:14 pm CDT

CNS Canada — Contracts on the ICE Futures canola market are bracing for turbulence in coming days as trade negotiations between Canada and the U.S. and a looming production report from Statistics Canada take centre stage. According to one analyst, these and other factors may play havoc with the Canadian […]

By Dave Sims

Aug. 22, 2018 at 10:21 pm CDT

CNS Canada — ICE Futures canola contracts continued to hang above the psychologically-important $500 per tonne mark during the week ended Wednesday, but the real test could be in the coming weeks as harvest kicks into full gear. The front-month November contract rose $2.10 during the week to $506.90 per […]

By Dave Sims