MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but ran into some resistance to the upside as values held rangebound overall. “Technicals, short-covering, fund buying […] Read more
Tag Archives canola prices
ICE weekly outlook: Rising canola market runs into resistance
Resistance seen around $835, support around $820
ICE weekly outlook: Choppy trading for canola, other oilseeds
Signals not pointing to course change for now
MarketsFarm — Expect canola and other oilseed markets to remain choppy for the time being, according to trader Ken Ball of PI Financial in Winnipeg. “All of the markets are […] Read more
ICE weekly outlook: Seasonal upturn possible for canola
'Good underlying support' seen in futures
MarketsFarm — ICE Futures canola contracts may soon be due for a seasonal turn higher as harvest pressure subsides and prices should be looking very attractive to end users. However, […] Read more
ICE weekly outlook: Canola rangebound, awaits report
New StatsCan data due out Monday
MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end […] Read more
ICE weekly outlook: Canola remains expensive
MarketsFarm — Concerns over the likelihood of a much smaller canola crop than previously anticipated, coupled with a very tight supply situation, continued to underpin values this week. That price […] Read more
ICE weekly outlook: Something of a tough week for canola
MarketsFarm – It was a bit of a tough week for canola on the Intercontinental Exchange (ICE), although there was something of a bright spot after the release of the […] Read more
ICE weekly outlook: Volatility expected in canola markets
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 […] Read more
ICE weekly outlook: Canola range-bound, awaiting harvest
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 […] Read more
ICE weekly outlook: Canola corrects, but trend still up
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 […] Read more
ICE weekly outlook: Attention turns to new-crop canola
'Somebody's feet will be held to the fire'
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 […] Read more
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