CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key […] Read more
Tag Archives canola futures
ICE weekly outlook: Weather key to canola market
ICE weekly outlook: New-crop canola to break $500
CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, rebounding after the November contract hit support levels earlier on Monday. With recent drought […] Read more
Canola crush margins deteriorating
CNS Canada — Canola crush margins continue to deteriorate in Canada, and will likely get worse before they get better. Canola margins hit some of their worst levels “in three […] Read more
ICE weekly outlook: Canola mixed after wild week
CNS Canada — ICE Futures Canada canola contracts ended narrowly mixed for the week ended Wednesday, but not before shooting above the $500 per tonne mark amid concerns over persistent […] Read more
ICE weekly outlook: Canola needs more fuel to keep rising
CNS Canada –– ICE Futures Canada canola contracts climbed sharply higher during the week ended Wednesday, but additional gains will need some more bullish news as the market takes a […] Read more
Prairie canola basis levels soften as futures rally
CNS Canada — The ICE Futures Canada canola market has moved sharply higher recently, but the cash market hasn’t followed along, as basis levels have generally seen a softening trend. […] Read more
Light rain on way for Prairie crops, but ‘soaker’ needed
Winnipeg | Reuters –– Rain looks to splash parched farms on Western Canada’s Prairies over the next week as concerns mount that soil is too dry for canola to grow […] Read more
ICE weekly outlook: Weather to make or break canola market
CNS Canada –– ICE Futures Canada’s canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, […] Read more
ICE weekly outlook: Canola bias points higher
CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said […] Read more
ICE weekly outlook: Canola watching weather
CNS Canada –– ICE Futures Canada canola contracts held rangebound during the week ended Wednesday, with small losses in the front months and gains in the more deferred positions. While […] Read more