Insights and Stories on ICE Futures

Jun. 17, 2022 at 7:46 pm CDT

MarketsFarm — The net long position held by fund traders in the ICE Futures canola market continued to dwindle in the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC), hitting its smallest level since August 2021. The net managed money long position in […]

By Phil Franz-Warkentin

Jun. 15, 2022 at 7:22 pm CDT

MarketsFarm — Despite the losses canola and other crops have incurred during the week of June 13, prices have remained rather high, according to a trader. “Even though we got some big crops brewing in North America, the prices are not falling apart. There are just enough things in there […]

By Glen Hallick - MarketsFarm

Jun. 8, 2022 at 8:28 pm CDT

MarketsFarm — ICE Futures canola contracts hit their lowest levels in two months during the first week of June but uncovered support to the downside to recover on Wednesday and hold rangebound overall. While crush margins are still well off the levels seen at this time a year ago, they […]

By Phil Franz-Warkentin

Jun. 1, 2022 at 5:15 pm CDT

MarketsFarm — There’s more to the sharp decline in U.S. wheat and corn futures than the possibility of Ukrainian exports returning to the global market along with the massive liquidation of longs, according to analyst Errol Anderson of ProMarket Communications in Calgary. “My theory with what is going on is […]

By Glen Hallick - MarketsFarm

May. 25, 2022 at 4:13 pm CDT

MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. […]

By Phil Franz-Warkentin