Insights and Stories on ICE Futures

Apr. 13, 2022 at 6:29 pm CDT

MarketsFarm — ICE Futures canola values sit high atop a precipice, tittering toward a steep drop. One recourse for canola is to bank on prices for soyoil and soymeal on the Chicago Board of Trade (CBOT) to rise sharply in the near future — or take that step off its […]

By Glen Hallick - MarketsFarm

Apr. 6, 2022 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts climbed to fresh contract highs during the first week of April, but ran into profit-taking resistance and could be due for more losses as the market looks overpriced. “We’re starting to see canola give back some of the extra premium it’s been putting on,” […]

By Phil Franz-Warkentin

Mar. 30, 2022 at 7:40 pm CDT

MarketsFarm — To market analyst Wayne Palmer of Exceed Grain, canola “has been in a world of its own for about the last month,” and he expects that will remain the case for some time. Canola, he explained, has generally done the opposite of the Chicago soy complex — which […]

By Glen Hallick - MarketsFarm

Mar. 23, 2022 at 3:54 pm CDT

MarketsFarm — ICE Futures canola contracts climbed to their highest levels ever during the week ended Wednesday before running into some profit-taking resistance. Its general uptrend remains intact for the time being, but a downturn is also inevitable. The nearby May canola contract hit a session high of $1,177.80 per […]

By Phil Franz-Warkentin

Mar. 16, 2022 at 5:19 pm CDT

MarketsFarm — Although canola prices closed lower on Wednesday, the Canadian oilseed is seen as still likely to grind higher in the coming weeks. “The charts and the patterns that have developed, and are still in place for canola, have been kind of the same for the past few months. […]

By Glen Hallick - MarketsFarm