Insights and Stories on January Canola

Oct. 23, 2019 at 5:39 pm CDT

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market […]

By Phil Franz-Warkentin

Dec. 21, 2017 at 12:00 pm CST

CNS Canada — As traders exit the trading floor ahead of the holidays, canola futures continue to chop around amid thin volumes. “More and more traders are stepping away from the market, either because of holidays or not wanting to have big positions on ahead of them,” said Keith Ferley […]

By Dave Sims

Nov. 22, 2017 at 5:25 pm CST

CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. […]

By Dave Sims

Dec. 21, 2016 at 6:20 pm CST

CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People […]

By Dave Sims

Nov. 24, 2016 at 4:23 pm CST

CNS Canada –– ICE Futures Canada canola contracts have trended higher for the past two weeks, with a rally in Chicago Board of Trade soyoil providing an added boost on Wednesday. While the nearby technical signals may be pointing higher, canola is also nearing major chart resistance. The January contract […]

By Phil Franz-Warkentin