CNS Canada –– A stocks report from Statistics Canada has changed the dynamic of the canola market, one analyst says, though prices are not expected to plummet. Statistics Canada estimates […] Read more
Tag Archives canola prices
ICE weekly outlook: Stocks add softer undertone to market
ICE weekly outlook: Canola sees ‘bump in a bear market’
CNS Canada — News that China would delay its implementation of stricter dockage restrictions on Canadian canola shipments gave ICE Futures Canada contracts a boost on Wednesday, but values are […] Read more
ICE weekly outlook: Canola watching China before harvest
CNS Canada — The canola market continues to watch and wait for the Chinese and Canadian governments to resolve a dispute over the amount of dockage allowed in imports of […] Read more
ICE weekly outlook: Traders watch China, production numbers
CNS Canada –– Two main factors are dominating the ICE Futures Canada canola market, one analyst says, as prices are poised to meet resistance in the near-term. “The market is […] Read more
ICE weekly outlook: Canola looks to widen out range
CNS Canada — ICE Futures Canada canola contracts appear poised to chop around a new $20 trading range ahead of the harvest. The front-month canola contract had been down at […] Read more
ICE weekly outlook: Canola sitting right above support
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but held above major support as prices remain relatively cheap compared to other oilseeds. Fund […] Read more
ICE weekly outlook: Weather market ahead
CNS Canada — ICE Futures Canada canola prices edged up on the week, propped up by soggy Prairie fields and the anticipation for warm, dry weather in the U.S. Going […] Read more
Canola drops hard, nearing major chart support
CNS Canada — ICE Futures Canada canola contracts fell below nearby chart support on Thursday, hitting their softest levels in four months. There is more room to the downside, but […] Read more
ICE weekly outlook: Canola looks for bounce-back
CNS Canada –– ICE Futures Canada canola contracts sunk lower during the week ended Wednesday, pressured by fund selling and a drop in the U.S. soy complex. However, there could […] Read more
ICE weekly outlook: Canola clawing back from sharp losses
CNS Canada — ICE Futures Canada canola contracts were slowly clawing their way back after dropping to their weakest levels in three months over the past week. The market likely […] Read more