Insights and Stories on Canola Prices

Jun. 7, 2017 at 6:45 pm CDT

CNS Canada — ICE Futures Canada canola futures advanced on the week and are likely to keep near-term support, one analyst says, as traders mull over the question: Just how much canola is out there? “There’s still a lot of uncertainty about canola numbers; we’re still not certain about how […]

By Jade Markus

May. 31, 2017 at 5:32 pm CDT

CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be headed even lower, as bearish technicals and weakness in global economic markets outweigh supportive fundamentals. “We’re going into a seasonally slower demand period,” said Errol Anderson of ProMarket Communications. A downgrade […]

By Phil Franz-Warkentin

May. 24, 2017 at 3:07 pm CDT

CNS Canada –– The ICE Futures Canada canola market lost ground during the week ended Wednesday, pushed down by losses in the U.S. soy complex. A corruption scandal in Brazil sparked a steep selloff in soybeans during last Thursday’s session, which affected oilseeds around the world, including canola. Canola’s dominant […]

By Dave Sims

May. 3, 2017 at 5:01 pm CDT

CNS Canada — ICE Futures Canada canola contracts continue to chop around in the lead-up to the release of a major report. Statistics Canada is due to release its estimates for the country’s canola stocks (as of March 31) on Friday. The dominant July contract eked out a minor gain […]

By Dave Sims

Apr. 20, 2017 at 11:47 am CDT

CNS Canada — ICE Futures Canada canola advanced sharply on the week and has room to strengthen further, though resistance is on the horizon. Canola far outpaced Chicago Board of Trade (CBOT) soybeans in the week ending Wednesday, as the market gathered independent strength. Since last week, July canola advanced […]

By Jade Markus