Insights and Stories on ICE Futures

Feb. 1, 2023 at 6:31 pm CST

MarketsFarm — Expect canola and other oilseed markets to remain choppy for the time being, according to trader Ken Ball of PI Financial in Winnipeg. “All of the markets are very choppy and erratic. They’re very nervous markets,” Ball emphasized, noting war in Ukraine and drought in Argentina are having […]

By Glen Hallick - MarketsFarm

Jan. 30, 2023 at 7:45 pm CST

MarketsFarm — Speculators were busy adding to their growing net short position in canola during the week ended Jan. 24, according to the latest Commitments of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […]

By Phil Franz-Warkentin

Jan. 25, 2023 at 6:20 pm CST

MarketsFarm — The ICE Futures canola market posted steady losses for five sessions, testing the lower edge of their well-established trading ranges before finally uncovering some support on Wednesday. The losses did damage from a chart perspective, with the activity bumping the trading window lower, according to an analyst. “Overall, […]

By Phil Franz-Warkentin

Jan. 18, 2023 at 4:00 pm CST

MarketsFarm — While canola prices turned lower Wednesday, the week ending that day was full of rangebound trade activity with little movement. The March canola contract traded within a range of $832-$846.70 per tonne during the week, settling at the low end of the range after falling $5.20 on Wednesday […]

By Adam Peleshaty

Jan. 16, 2023 at 4:32 pm CST

MarketsFarm — After briefly holding a net long position to start the New Year, speculators were back holding a net short position in canola in the second week of January as they liquidated long positions and put on some new bearish bets. The latest Commitments of Traders (CoT) report compiled […]

By Phil Franz-Warkentin