canola prices Archives | Page 6 of 16

ICE weekly outlook: Volatility expected in canola markets

By Phil Franz-Warkentin August 5, 2021

MarketsFarm – The ICE Futures canola market saw some large price moves during the week ended Aug. 4, hitting their lowest levels in a month as investors booked profits before recovering to hold relatively range-bound overall. More choppiness is expected over the next few weeks, as the market waits to get a better handle on […] Read more

Crops, Markets

ICE weekly outlook: Canola range-bound, awaiting harvest

By Phil Franz-Warkentin July 29, 2021

MarketsFarm – ICE Futures canola contracts held within a relatively narrow range during the week ended July 28, as traders wait to get a better handle on the size of the Canadian crop. “We’re just waiting to see as we get into harvest what the crop size and crop yields look like,” said Jamie Wilton, […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Crops, Markets

ICE weekly outlook: Canola corrects, but trend still up

By Phil Franz-Warkentin July 21, 2021

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial in Winnipeg. While rains during […] Read more

ICE November 2021 canola (candlesticks) with 20-day moving average (green line) and July 2021 canola (yellow open/high/low/close). (Barchart)

Crops, Markets

ICE weekly outlook: Attention turns to new-crop canola

'Somebody's feet will be held to the fire'

By Phil Franz-Warkentin May 20, 2021

MarketsFarm — Wide price swings in the nearby ICE Futures July canola contract over the past few weeks have sent most commercial trade into the new-crop November, with direction in the front month hard to predict given recent volatility. “Where (July canola) finally goes off the board, I have no idea, but I wouldn’t be […] Read more

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola still climbing, watching beans

By Phil Franz-Warkentin November 18, 2020

MarketsFarm — The ICE Futures canola market has trended higher for the past five months and showed no signs of slowing down in mid-November, with prices hitting fresh contract highs on a number of days. January canola hit a session high of $571.40 per tonne, and settled Wednesday at $569.40. Aside from a brief blip […] Read more

(Photo courtesy Canola Council of Canada)

Crops, Markets

U.S. investor to buy Prairie canola ‘streaming’ firm

All-cash deal offers $97.5 million for Input Capital

By Dave Bedard August 13, 2020

A U.S. investor has stepped forward with an all-cash bid for the Regina company that brought “streaming” to the Prairie canola marketing business. Input Capital, which in February last year began to review options such as a sale or merger to “enhance shareholder value,” said Wednesday it has a deal to sell all of itself […] Read more

ICE Futures March 2020 canola with 20- and 50-day moving averages. (Barchart)

Crops, Markets

High stocks-to-use ratio weighs on canola

By Marlo Glass January 24, 2020

MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada (FCC), explained during his presentation […] Read more

ICE Futures March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola values could fall further

By Glen Hallick December 11, 2019

MarketsFarm — Although canola has continued to be rangebound, one analyst believes prices are due for a downward shift toward the low end of the spectrum. “Gravity is going to pull it back down to the low end of the range, and $10-$15 [per tonne] wouldn’t be surprising,” said David Derwin, an analyst with PI […] Read more

Crops, Markets

ICE weekly outlook: Canola bids return to being range-bound

By Glen Hallick October 31, 2019

MarketsFarm – Until the New Year expect canola bids to remain range-bound much like it was during the summer, according to one Winnipeg-based analyst. “Canola going C$10 lower isn’t out of the question,” commented David Derwin, commodity portfolio manager with PI Financial. Below normal temperatures on the Prairies coupled with rain and snow have provided […] Read more

ICE November 2019 canola with Bollinger (20,2) bands. (Barchart)

Crops, Markets

ICE weekly outlook: Canola values stay rangebound

By Marlo Glass October 17, 2019

MarketsFarm — One canola trader wouldn’t go so far as to calling the canola market lifeless, but it has remained rangebound for most of the week. That’s mainly due to pressure from harvest activity, which has carried on at an impressive pace on the Canadian Prairies despite being mired with difficult weather conditions. “I’ve talked […] Read more

Tag Archives canola prices — page 6

ICE weekly outlook: Volatility expected in canola markets

ICE weekly outlook: Canola range-bound, awaiting harvest

ICE weekly outlook: Canola corrects, but trend still up

ICE weekly outlook: Attention turns to new-crop canola

ICE weekly outlook: Canola still climbing, watching beans

U.S. investor to buy Prairie canola ‘streaming’ firm

High stocks-to-use ratio weighs on canola

ICE weekly outlook: Canola values could fall further

ICE weekly outlook: Canola bids return to being range-bound

ICE weekly outlook: Canola values stay rangebound

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