Insights and Stories on ICE

Jan. 24, 2024 at 4:43 pm CST

ICE Futures canola contracts continued to show some modest strength during the week ended Jan. 24, as the market stabilized above the lows hit earlier in the month. However, whether the uptrend continues or canola retreats to fresh lows remains to be seen.

By Phil Franz-Warkentin

Jan. 17, 2024 at 3:32 pm CST

With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg. 

By Glen Hallick - MarketsFarm

Jan. 10, 2024 at 4:09 pm CST

The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.

By Phil Franz-Warkentin

Dec. 27, 2023 at 5:51 pm CST

There were strong gains for canola on the Intercontinental Exchange on Dec. 27, as trading resumed after being closed for Christmas and Boxing Day. However, the gain will likely not be the prelude to a major upswing in the oilseed’s prices. Rather, canola is likely to pull back once trading gets back into full swing after the New Year, according to analyst Bruce Burnett of MarketsFarm.

By Glen Hallick - MarketsFarm

Dec. 13, 2023 at 2:13 pm CST

The ICE Futures canola market remained under pressure heading into the New Year, lacking any significant supportive news of its own that could spark a move higher.

By Phil Franz-Warkentin