Insights and Stories on ICE Futures Canada

Jul. 8, 2015 at 5:10 pm CDT

CNS Canada –– The ICE Futures Canada canola market moved lower during the week ended Wednesday, as speculators took profits on a recent rally that saw values hit fresh contract highs. Spillover pressure from the declines in Chicago soybean futures was also bearish for values. There were some reports of […]

By Terryn Shiells

Jun. 30, 2015 at 4:51 pm CDT

CNS Canada — The ICE Futures Canada canola market pulled higher during the week ended Tuesday, following heavy gains in the U.S. soy complex which advanced to its highest point in five months Tuesday. Traders were keenly observing Tuesday’s 2015-16 Statistics Canada acreage report which called for 19.84 million acres […]

By MarketsFarm Team

Jun. 24, 2015 at 6:38 pm CDT

CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key driver in the market. “This thing will keep going until we get some rain,” said Jerry Klassen, manager of GAP […]

By Phil Franz-Warkentin

Jun. 22, 2015 at 6:31 pm CDT

CNS Canada — Canola crush margins remain in free-fall as canola seed becomes more and more expensive relative to the product values. “They’re not deteriorating, they’re flat-out disintegrating,” said a canola trader, pointing to the $20 drop over the past week alone. Crush levels have only been lower than they […]

By Phil Franz-Warkentin

Jun. 17, 2015 at 5:04 pm CDT

CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, rebounding after the November contract hit support levels earlier on Monday. With recent drought and frost in Western Canada, canola ending stocks are expected to be very tight at the end of 2015-16, which […]

By Terryn Shiells