Insights and Stories on ICE Futures Canada

Oct. 18, 2017 at 8:50 pm CDT

CNS Canada — ICE Futures Canada canola contracts trended higher over the past month, but appear to be running into resistance from a chart standpoint. Seasonal price trends, however, should see values continue their uptrend over the next month. The most-active November contract has now traded above the $500 per […]

By Phil Franz-Warkentin

Oct. 11, 2017 at 7:11 pm CDT

CNS Canada — The canola market continues to chop around in its recently-established range of $490-$500 per tonne, but a looming U.S. Department of Agriculture report could change that, according to an industry analyst. “That (USDA supply and demand report) is going to be the driver,” said Keith Ferley of […]

By Dave Sims

Oct. 4, 2017 at 6:55 pm CDT

CNS Canada — ICE Futures Canada canola contracts held within a narrow $5 range over the past week, lacking any significant fundamental news one way or the other as market participants look for direction. “There’s just no news in the market,” said analyst Wayne Palmer of Agri-Trend. He thought prices […]

By Phil Franz-Warkentin

Oct. 2, 2017 at 5:12 pm CDT

CNS Canada — Canola crush margins in Western Canada are at about half the level as seen at the same point a year ago. As of Monday, the Canola Board Crush Margin calculated by ICE Futures Canada was about $56 above the November contract, which compares with levels a month […]

By Phil Franz-Warkentin

Sep. 27, 2017 at 6:52 pm CDT

CNS Canada — Bearish headwinds facing the canola market may have gotten slightly worse, after the U.S. Environmental Protection Agency announced it was considering cuts to biofuel requirements in U.S. fuel. The EPA said Tuesday it was looking for feedback on proposed reductions to the renewable fuel obligations in the […]

By Dave Sims