Insights and Stories on ICE Futures

Oct. 23, 2019 at 5:39 pm CDT

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market […]

By Phil Franz-Warkentin

Oct. 22, 2019 at 5:19 pm CDT

MarketsFarm — Canola crush margins have shown considerable improvement in recent weeks — a sign the commodity is looking cheap compared to its product values. As of Monday, the Canola Board Crush Margin calculated by ICE Futures U.S. was about $100 above the November contract — a figure up by […]

By Phil Franz-Warkentin

Oct. 16, 2019 at 8:33 pm CDT

MarketsFarm — One canola trader wouldn’t go so far as to calling the canola market lifeless, but it has remained rangebound for most of the week. That’s mainly due to pressure from harvest activity, which has carried on at an impressive pace on the Canadian Prairies despite being mired with […]

By Marlo Glass – MarketsFarm

Oct. 15, 2019 at 5:07 pm CDT

MarketsFarm — Commodity fund traders were busy covering short positions in corn and canola during the week ended Oct. 8, and even moved to a small net long in soybeans, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed […]

By Phil Franz-Warkentin

Oct. 9, 2019 at 5:30 pm CDT

MarketsFarm — Canola’s sharp rise over the last week can be attributed not only to poor weather on the Prairies, but to other factors as well, according to MarketsFarm Pro analyst Mike Jubinville. For seven straight trading sessions, canola bids have climbed, from $445.60 per tonne at the close of […]

By Glen Hallick - MarketsFarm