Insights and Stories on ICE Futures

Feb. 2, 2022 at 7:20 pm CST

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but lagged the Chicago Board of Trade soy complex to the upside as the spreads between the two markets saw some readjustment. “If you had bought 100 tonnes of March canola on Dec. 21 you’d be up […]

By Phil Franz-Warkentin

Jan. 26, 2022 at 7:55 pm CST

MarketsFarm — With so many influences affecting ICE Futures canola, one trader said it’s hard to figure just where the Canadian oilseed will go. Another trader, however, said the days of canola fetching more than $1,000 per tonne for an extended period of time are pretty much over. “It’s probably […]

By Glen Hallick - MarketsFarm

Jan. 19, 2022 at 6:28 pm CST

MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per […]

By Phil Franz-Warkentin

Jan. 12, 2022 at 6:49 pm CST

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the […]

By Glen Hallick - MarketsFarm

Jan. 7, 2022 at 10:06 pm CST

MarketsFarm — Fund traders remain bullish in the canola market, growing their net long position to a new record in the latest Commitment of Traders report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of […]

By Phil Franz-Warkentin