Insights and Stories on ICE Futures Canada

Apr. 6, 2016 at 6:47 pm CDT

CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer […]

By Phil Franz-Warkentin

Mar. 30, 2016 at 6:33 pm CDT

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point […]

By Dave Sims

Mar. 23, 2016 at 5:13 pm CDT

CNS Canada –– ICE Futures Canada canola contracts hit some of their best levels in a month during the week ended Wednesday, but appear to have run into resistance from a chart standpoint as the near-term outlook shifts sideways. The May contract hit a session high of $476 per tonne […]

By Phil Franz-Warkentin

Mar. 16, 2016 at 5:12 pm CDT

CNS Canada — The ICE Futures Canada canola market rose over the week ended Wednesday. A lack of farmer selling combined with currency issues and action in the soy market to give the market a boost. One trader said the declining open interest caused him to think funds were also […]

By Dave Sims

Mar. 9, 2016 at 7:17 pm CST

CNS Canada — ICE Futures Canada canola contracts managed to post small gains over the week ended Wedensday, as the market recovered off of the contract lows hit the previous week. However, former support levels are now acting as resistance, as the market finds itself in a new, slightly lower […]

By Phil Franz-Warkentin