Insights and Stories on ICE Weekly

Jul. 31, 2024 at 3:29 pm CDT

The Intercontinental Exchange (ICE) Futures canola market tried to salvage what it can at the end of July after a sharp downturn in prices over the past week.

By Adam Peleshaty

Jul. 24, 2024 at 4:23 pm CDT

At this time there have yet to be any firm estimates as to what canola yields on the Canadian Prairies are most likely to be. However, once those start rolling in, the canola market will shift towards demand, according to broker Tony Tryhuk of RBC Dominion Securities in Winnipeg.

By Glen Hallick - MarketsFarm

Jul. 17, 2024 at 3:58 pm CDT

Ken Ball of Ventum Financial Corp. in Winnipeg acknowledged that while dryness and warmer temperatures would be seen as beneficial in rain-drenched fields in Saskatchewan and Manitoba, heat stress on canola crops in Alberta would be aggravated. This has led traders to become a bit more bullish on the oilseed.

By Adam Peleshaty - MarketsFarm

Jun. 19, 2024 at 5:33 pm CDT

Canola across most of the Prairies appeared to be in good shape during the second last week of June, with very little prospect of a major rally according to a trader.

By Glen Hallick - MarketsFarm

Jun. 12, 2024 at 4:34 pm CDT

Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the […]

By Adam Peleshaty - MarketsFarm