Insights and Stories on ICE Futures

Jan. 2, 2020 at 4:15 pm CST

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago […]

By Glen Hallick - MarketsFarm

Dec. 18, 2019 at 6:48 pm CST

MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. […]

By Marlo Glass – MarketsFarm

Dec. 11, 2019 at 7:55 pm CST

MarketsFarm — Although canola has continued to be rangebound, one analyst believes prices are due for a downward shift toward the low end of the spectrum. “Gravity is going to pull it back down to the low end of the range, and $10-$15 [per tonne] wouldn’t be surprising,” said David […]

By Glen Hallick - MarketsFarm

Dec. 4, 2019 at 5:45 pm CST

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 […]

By Phil Franz-Warkentin

Nov. 27, 2019 at 4:50 pm CST

MarketsFarm — The trench in which ICE Futures January canola now finds itself is expected to hold firm, according to Ken Ball of PI Financial in Winnipeg. “We’re developing a range for the January contract that might hold up for a while, around $455-$467 roughly,” he said. “We could kick […]

By Marlo Glass – MarketsFarm