Insights and Stories on ICE Weekly

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

Nov. 2, 2022 at 4:00 pm CDT

MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola somewhere in the winter months maybe trading close to $1,000 again in January,” he said. Palmer placed his suggestion on […]

By Glen Hallick - MarketsFarm

Oct. 26, 2022 at 4:17 pm CDT

MarketsFarm – The ICE Futures canola market largely held within its well-established sideways trading range during the week ended Oct. 26, with only the nearby November contract breaking higher as short-covering ahead of its expiry gave the month a boost. The January contract has held in a narrow range between […]

By Phil Franz-Warkentin

Aug. 4, 2022 at 9:37 am CDT

MarketsFarm – Canola contracts on the ICE Futures platform saw some large moves over the past week, initially moving higher in sympathy with the United States soy complex before taking back most of those gains as both markets reacted to shifting weather forecasts. Showers continue to pop up across the […]

By Phil Franz-Warkentin