MarketsFarm — The ICE Futures canola market strengthened during the week ended Wednesday, hitting fresh highs in many contract months. “The trend remains up,” analyst Mike Jubinville of MarketsFarm Pro […] Read more
Tag Archives Canola

ICE weekly outlook: Canola’s trend line still pointed higher

Dairy study gives canola meal high marks
Canola council finds that feeding meal to cows may increase milk production and quality and lower methane emissions
Glacier FarmMedia – The Canola Council of Canada is conducting research on how canola meal could lower methane emissions of dairy cattle while increasing milk production. “And what we found, […] Read more

Canadian canola oil content well below average
Canada’s hot and dry growing season in 2021 cut into the oil content of the country’s canola crop, with preliminary data pointing to the second-lowest oil content of the past […] Read more

ICE weekly outlook: Crude oil at heart of canola’s fate
MarketsFarm – As gains in global crude oil prices have been largely behind the increases in edible oil values, any losses in crude will lead to declines in the edibles. […] Read more

ICE weekly outlook: Canola speculators running market higher
MarketsFarm – ICE canola futures posted solid gains during the week ended Oct. 27, hitting fresh contract highs in many months as speculators added to their net long positions. “The […] Read more

Feds tighten forecast for wheat carryout
MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. […] Read more

ICE weekly outlook: Canola rally keeps going
Not yet back at $1K, but it's possible
MarketsFarm — With good gains from other edible oils, canola has remained on the rise so far during the week of Oct. 18. It’s uncertain as to how much longer […] Read more

ICE canola futures’ daily limit expanded to $60
MarketsFarm — The daily price limit (DPL) for canola futures contracts on the ICE Futures platform will rise to $60 per tonne starting Nov. 1, the exchange announced Tuesday. The […] Read more

ICE weekly outlook: Canola still rangebound
Selling pressure seen from U.S. soy
MarketsFarm — ICE Futures canola contracts held rangebound during the week ended Wednesday, climbing to their strongest levels in two months at one point before running into resistance and retreating […] Read more

ICE weekly outlook: Canola feeling the energy
Canola riding on fuels' bullish momentum
MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a […] Read more