CNS Canada — ICE Futures Canada canola advanced sharply on the week and has room to strengthen further, though resistance is on the horizon. Canola far outpaced Chicago Board of […] Read more
Tag Archives canola prices
ICE weekly outlook: More gains likely for rising canola
ICE weekly outlook: Canola looks for support from new crop
CNS Canada — ICE Futures Canada canola contracts finished lower during the week ended Wednesday but attention in the market is turning to the new crop — and to North […] Read more
Canola’s rally pushes cash prices higher
CNS Canada — Canola cash prices notched gains with recent news out of the U.S., but the market remains rangebound, and near-term support is likely to run dry. Canola cash […] Read more
ICE weekly outlook: Canola sturdy, but watching beans
CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is […] Read more
Mustard seeding to drop with higher stocks, competition
CNS Canada — Stockpiles of mustard are likely to put a squeeze on the number of acres seeded in Canada this year, especially as the commodity competes price-wise with canola. […] Read more
ICE weekly outlook: Canola pointed lower
CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in […] Read more
ICE weekly outlook: Easy come, easy go for canola
CNS Canada — The ICE Futures Canada canola market has been something of a maverick over the course of the week, bucking pressure from a stronger loonie and weaker soybeans, […] Read more
ICE weekly outlook: ‘Toppy’ canola could still go higher
CNS Canada — Canola futures have trended higher in the most active nearby contracts in recent weeks, but still remain underpriced compared to soybeans. From a chart perspective, ICE Futures […] Read more
ICE weekly outlook: Canola watches weather amid uptick in price
CNS Canada –– Canola futures burst through the psychologically-important $500 per tonne mark during the week ended Wednesday, but now face a critical juncture as weather and time will dictate […] Read more
ICE weekly outlook: Harvest to keep market rangebound
CNS Canada — ICE Futures Canada canola contracts have a softer tone, but are likely to stay rangebound in the short term, one analyst says. “We’re not looking for a […] Read more