canola markets Archives | Page 7 of 14

ICE’s ticker symbol on display at the ICE-owned New York Stock Exchange in March 2016. (Photo: Reuters/Brendan McDermid)

Speculative short position grows in canola

By Phil Franz-Warkentin September 28, 2018

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 Traders report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators grew their net short position in canola to […] Read more

Crops, Markets

ICE weekly outlook: Market watching weather, acres, trade

By Phil Franz-Warkentin June 27, 2018

CNS Canada — Canola futures bounced around within a rather narrow range during the week ended Wednesday, but generally trended higher as the market recovered off of the four-month lows hit on June 19. Statistics Canada releases updated acreage estimates on Friday, and any surprises in the data could provide some nearby direction. The U.S. […] Read more

Crops, Markets

ICE weekly outlook: Weather, U.S./China relations influence canola

By Ashley Robinson May 23, 2018

CNS Canada — Traders’ attention at the ICE Futures Canada canola market has now turned to western Canadian weather and news south of the border. While there was a reprieve from the drought over the last week, with rain falling in parts of Western Canada, large areas missed out on the moisture. More rain is […] Read more

Crops, Markets

ICE weekly outlook: Canola still stuck in neutral

By Phil Franz-Warkentin May 17, 2018

CNS Canada — The ICE Futures Canada canola market held rangebound during the week ended Wednesday, hitting some of its best levels of the past month before retreating to hold within a well-established trading range. “We’ve been in a $50 range in canola going back quite a few years,” said David Derwin, commodities investment advisor […] Read more

Crops, Markets

ICE weekly outlook: Canola futures linked to NAFTA

By Dave Sims March 21, 2018

CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] Read more

Crops, Markets

ICE weekly outlook: Canola backing away from resistance

By Phil Franz-Warkentin March 7, 2018

CNS Canada — ICE Futures Canada canola contracts appear to have finally run into some resistance after trending higher for all of February. While a return higher is possible, canola will take most of its direction going forward from what happens in outside markets. The May canola contract hit a three-month high of $531 per […] Read more

Crops, Markets

ICE weekly outlook: Canola rides soymeal wave higher

By Dave Sims February 21, 2018

CNS Canada — ICE Futures Canada canola contracts rode the coattails of a surging soymeal market during the week ended Wednesday, but one big rain in Argentina could halt the rally in its tracks. “If there’s more rain in the forecast we will lose ground,” said Mike Jubinville of ProFarmer Canada. “The attitude is the […] Read more

Crops, Markets

ICE weekly outlook: Sideways canola looks for direction

By Phil Franz-Warkentin January 17, 2018

CNS Canada — ICE Futures Canada canola contracts remain stuck in a sideways trading pattern, with little hint of which way values will eventually break. Canola “is getting tugged from different sources,” said Ken Ball of PI Financial in Winnipeg, adding that “it could go up or down $5 depending on what happens around it.” […] Read more

Crops, Markets

ICE Canada Weekly Outlook: Canola stuck in sideways pattern

By Phil Franz-Warkentin January 4, 2018

CNS Canada – ICE Futures Canada canola contracts may be showing some strength to start the New Year, but the overall trend remains sideways, according to an analyst. “Everything is hovering around C$500, which has been a magnet for the past year-and-a-half,” said David Derwin, Commodities Investment Advisor with PI Financial. The most active March […] Read more

Crops, Markets

Speculative buying sees canola prices firm up

By Phil Franz-Warkentin November 20, 2017

Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more

Tag Archives canola markets — page 7

Speculative short position grows in canola

ICE weekly outlook: Market watching weather, acres, trade

ICE weekly outlook: Weather, U.S./China relations influence canola

ICE weekly outlook: Canola still stuck in neutral

ICE weekly outlook: Canola futures linked to NAFTA

ICE weekly outlook: Canola backing away from resistance

ICE weekly outlook: Canola rides soymeal wave higher

ICE weekly outlook: Sideways canola looks for direction

ICE Canada Weekly Outlook: Canola stuck in sideways pattern

Speculative buying sees canola prices firm up

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