Insights and Stories on ICE

ICE weekly outlook: Canola likely to keep sliding back

Dec. 7, 2023 at 9:15 am CST

There is a rather significant bearish outlook for canola for the rest of December, according to Jerry Klassen of Resilient Commodity Analysis. He said a large part of this was generated by the Statistics Canada production report released on Dec. 4.

ICE weekly outlook: Canola following soyoil’s lead

Aug. 23, 2023 at 5:41 pm CDT

By Adam Peleshaty - MarketsFarm

ICE weekly outlook: StatCan’s canola area estimate questioned

Apr. 27, 2023 at 3:27 pm CDT

By Adam Peleshaty

ICE weekly outlook: Canola speculators running market higher

Oct. 28, 2021 at 9:17 am CDT

By Phil Franz-Warkentin

ICE weekly outlook: Canola rally keeps going

Oct. 20, 2021 at 8:15 pm CDT

By Glen Hallick - MarketsFarm

ICE canola futures’ daily limit expanded to $60

Oct. 19, 2021 at 7:48 pm CDT

MarketsFarm — The daily price limit (DPL) for canola futures contracts on the ICE Futures platform will rise to $60 per tonne starting Nov. 1, the exchange announced Tuesday. The DPL determines how much a contract can move in a given session above or below the previous settlement. The new […]

By MarketsFarm

ICE weekly outlook: Canola futures slide, cash prices might not follow

Sep. 1, 2021 at 4:36 pm CDT

MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. ICE November canola closed Wednesday at $890.80 per tonne, […]

By Glen Hallick - MarketsFarm

ICE weekly outlook: Canola rangebound, awaits report

Aug. 25, 2021 at 6:57 pm CDT

MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end of their wide sideways range. A new production report from Statistics Canada, due out Monday (Aug. 30), could set the […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola corrects, but trend still up

Jul. 21, 2021 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial […]

By Phil Franz-Warkentin

ICE weekly outlook: $1,000 canola not a guarantee

Jul. 14, 2021 at 5:36 pm CDT

MarketsFarm — Any idea of canola hitting $1,000 per tonne in the near future is not the sure thing some people may have thought it was, according to Errol Anderson, an analyst with ProMarket Communications in Calgary. “New-crop futures might take a run at $1,000 per tonne, but in the […]

By Glen Hallick - MarketsFarm