Insights and Stories on ICE

Aug. 12, 2019 at 1:48 pm CDT

MarketsFarm — Fund traders added to their large net short position in canola during the first week of the new crop year, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in at […]

By Phil Franz-Warkentin

Jun. 12, 2019 at 2:00 pm CDT

MarketsFarm — Canola markets were following trends set by soybean prices, as worries of late planting weighed on the minds of traders and farmers alike. As corn planting comes to an end, prolonged wet weather has continued to delay soybean planting to the point where the growing season may be […]

By Marlo Glass – MarketsFarm

Mar. 26, 2019 at 6:52 pm CDT

Chicago | Reuters — ICE Canada canola futures dropped on Tuesday after China, the top buyer, expanded its ban on Canadian canola seed imports. China’s ban now includes shipments from Viterra, the latest development in a wider trade dispute between the two countries. May canola futures ended $5 lower at […]

By Reuters

Mar. 6, 2019 at 3:50 pm CST

MarketsFarm — Canola futures on the ICE Futures U.S. platform dropped sharply during the week ended Wednesday, hitting their lowest levels in 2-1/2 years. Concerns over declining Chinese demand sparked the latest selloff in canola amid news that the major canola-buying country had blocked shipments from Canada’s Richardson International. Canadian […]

By Phil Franz-Warkentin

Feb. 27, 2019 at 7:27 pm CST

ICE canola futures fell to fresh contract lows during the week ended Wednesday and could be due for more losses with little supportive news on the horizon. “Unfortunately the technicals and fundamentals are tremendously bearish,” said analyst Wayne Palmer of Exceed Grain Marketing, adding “fresh contract lows breed fresh contract […]

By Phil Franz-Warkentin