CNS Canada — The ICE Futures canola market will bounce around in trade for the foreseeable future with the overall trend being downward, according to an analyst. “We’re just going […] Read more
Tag Archives canola futures
ICE weekly outlook: Canola trends lower as farmers sell, harvest
Canola funds bail out of short positions
CNS Canada –– Large speculative traders bailed out of short positions in canola and picked up some new longs during the week ended Tuesday, cutting their net short position sharply, […] Read more
ICE weekly outlook: Canola backs away from nearby highs
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 […] Read more
Canola speculators cover shorts
CNS Canada — Large speculators covered short positions in the ICE Futures canola market during the week ended Tuesday, cutting their net short position roughly in half, according to the […] Read more
ICE weekly outlook: Soyoil, not weather, main influence on canola
CNS Canada — Wet and snowy weather now plaguing the Prairies isn’t to blame for the canola market’s recent upswing, according to one trader. “Canola’s been firm but it really […] Read more
Speculative short position grows in canola
CNS Canada — Large speculators continued to add to their net short positions in the ICE Futures canola market during the week ended Tuesday, according to the latest Commitment of […] Read more
ICE weekly outlook: Canola still watching soy, weather
CNS Canada — ICE Futures canola contracts moved off their nearby lows over the week ended Wednesday as persistent harvest delays provided support. Additional strength, however, may be dependent on […] Read more
Speculators grow net short position in canola
CNS Canada — Large speculators added to their net short positions in the ICE Futures canola market during the week ended Tuesday, according to the latest commitment of traders (CoT) […] Read more
ICE weekly outlook: Canola’s downward spiral to continue
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 […] Read more
ICE weekly outlook: Pressure builds on canola as yield outlooks vary
CNS Canada — ICE’s November canola futures look poised to continue chopping around between the $490-$500 per tonne mark, as uncertainty over yields in Western Canada sows seeds of doubt […] Read more
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