Insights and Stories on ICE

Apr. 10, 2024 at 3:45 pm CDT

While the start of the week of Apr. 8 saw canola futures on the Intercontinental Exchange trade in a very narrow range, broker Jamie Wilton of RJ O’Brien in Winnipeg said that could soon change.

By Glen Hallick - MarketsFarm

Apr. 3, 2024 at 3:44 pm CDT

After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.

By Adam Peleshaty - MarketsFarm

Mar. 27, 2024 at 4:37 pm CDT

After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.

By Glen Hallick - MarketsFarm

Mar. 20, 2024 at 3:49 pm CDT

Nearly seven months of price pressures and fund selling creating a lengthy downturn have given way to canola trending higher for the first time in 2024.

By Adam Peleshaty - MarketsFarm

Mar. 14, 2024 at 9:25 am CDT

At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.

By Glen Hallick - MarketsFarm