Insights and Stories on ICE Canola

Nov. 18, 2020 at 4:36 pm CST

MarketsFarm — The ICE Futures canola market has trended higher for the past five months and showed no signs of slowing down in mid-November, with prices hitting fresh contract highs on a number of days. January canola hit a session high of $571.40 per tonne, and settled Wednesday at $569.40. […]

By Phil Franz-Warkentin

Jul. 8, 2020 at 7:16 pm CDT

MarketsFarm — ICE Futures canola contracts hit their strongest levels in three months during the first week of July, but appear to be running into resistance from a chart standpoint. The November contract hit an intersession high of $482 per tonne on Wednesday, but settled below the $480 mark. “You […]

By Phil Franz-Warkentin

Apr. 5, 2019 at 5:00 pm CDT

MarketsFarm — The large short fund position in ICE canola futures held relatively steady during the week ended Tuesday, with only a small reduction in the net reportable position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest […]

By Phil Franz-Warkentin

Aug. 15, 2018 at 9:01 pm CDT

CNS Canada — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, although the looming harvest and weakness in CBOT soybeans could weigh on values going forward. The November canola contract held above the psychological $500 per tonne level during the week, which should be providing decent […]

By Phil Franz-Warkentin

Aug. 9, 2017 at 4:21 pm CDT

Chicago/Reuters – ICE Canada canola futures climbed on Wednesday for a third straight session, buoyed by a lack of moisture in parts of the Canadian Prairies and spillover strength from U.S. soyoil values, traders said. November canola rose $5.50 to settle at $511.20 per tonne, and January canola ended up […]

By Julie Ingwersen