Insights and Stories on November Canola

Feb. 6, 2019 at 10:11 pm CST

ICE Futures canola contracts held within a narrow trading range during the week ended Wednesday, as participants await fresh market-moving news. While the sideways trading range could persist in the near term, an analyst said new-crop futures were at decent levels and encouraged farmers to do some forward pricing. The […]

By Phil Franz-Warkentin

Oct. 10, 2018 at 7:21 pm CDT

CNS Canada — ICE canola futures hit their best levels in a month and a half earlier this week on the back of concerns over harvest delays, but ran into resistance and looked bearish once again by Wednesday. While cold, wet conditions continued to cause harvest delays, as noted in […]

By Phil Franz-Warkentin

Sep. 19, 2018 at 6:42 pm CDT

CNS Canada — ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November […]

By Ashley Robinson - MarketsFarm

Jul. 18, 2018 at 8:30 pm CDT

CNS Canada –– A lack of rain in Western Canada may be the only thing keeping canola futures prices from dropping much further than they have already. The dominant November contract was above $525 a tonne in late June, but has since fallen to the $490 mark as of Wednesday. […]

By Dave Sims

Jul. 11, 2018 at 6:40 pm CDT

CNS Canada — ICE Futures Canada canola futures fell sharply lower during the week ended Wednesday, but could still have more room to the downside as the oilseed remains overpriced compared to the slumping U.S. soybean market. Mounting trade tensions between the U.S. and China led to a selloff in […]

By Phil Franz-Warkentin