The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.
Tag Archives canola acres
ICE canola showing signs of stabilizing
Expectations for slightly lower canola acres ahead of StatCan report
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
ICE weekly outlook: Canola’s uptrend still intact
MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in […] Read more
ICE weekly outlook: For canola, the only certainty is volatility
"The market has to feel comfortable there’s a crop on the way"
MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. […] Read more
Canadian farmers to reduce canola plantings by seven per cent
Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and […] Read more
ICE weekly outlook: Canola sideways, waiting for news
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is […] Read more
ICE weekly outlook: Canola bearish with or without China
MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies […] Read more
StatsCan: Canola area narrows, wheat sowings expand
Reuters — Canadian farmers seeded less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola […] Read more
ICE weekly outlook: Canola ‘stuck in neutral’
CNS Canada — ICE Futures Canada canola contracts are lacking any clear direction at the beginning of May, and may stay rangebound through the seeding period. “Canola is stuck in […] Read more
Grain trade skeptical of StatsCan’s acreage outlook
CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger […] Read more
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