ice futures Archives | Page 31 of 36

ICE July 2019 canola (candlestick chart) compared to CBOT July 2019 corn (line). (Barchart)

ICE weekly outlook: All eyes on King Corn

By Phil Franz-Warkentin July 3, 2019

MarketsFarm — ICE Futures canola contracts trended lower over the past two weeks and could have some more room to the downside before eventually returning higher with summer weather markets and expected strength in Chicago corn futures. The November canola contract settled at $450.40 per tonne on Wednesday. The contract could have another $5-$10 to […] Read more

ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Weather, politics in focus for canola trade

By Phil Franz-Warkentin June 26, 2019

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in a month during the week ended Wednesday as much-needed moisture also fell across much of Western Canada. While there are still plenty of areas of concern, the rain has taken some of the weather premium out of the market, said Jonathon Driedger of […] Read more

ICE July 2019 canola futures with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Weather the main factor in canola bids

By Glen Hallick June 19, 2019

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, it’s good and the forecasts […] Read more

Crops, Markets

ICE weekly outlook: Canola markets remain sensitive to weather

By Marlo Glass June 12, 2019

MarketsFarm — Canola markets were following trends set by soybean prices, as worries of late planting weighed on the minds of traders and farmers alike. As corn planting comes to an end, prolonged wet weather has continued to delay soybean planting to the point where the growing season may be shortened. “I think the market […] Read more

Crops, Markets

Canola funds still short, despite active U.S. covering

By Phil Franz-Warkentin June 3, 2019

MarketsFarm — Speculators continue to sit on a large net short position in ICE canola futures, only reducing their holdings slightly in late May, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 71,065 contracts […] Read more

Crops, Markets

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

By Phil Franz-Warkentin May 29, 2019

MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of Trade soy complex provided spillover support. “We have a bit of a short-covering rally going on in canola,” said Jerry Klassen, manager of Canadian operations […] Read more

Crops, Markets

Fund traders still sitting on large canola short position

By Phil Franz-Warkentin May 24, 2019

MarketsFarm — Speculators continue to sit on a large net short position in ICE canola futures, only reducing their holdings slightly over the past week, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had a net short position of 72,844 […] Read more

Crops, Markets

ICE weekly outlook: Canola looking for more support

By Phil Franz-Warkentin May 15, 2019

MarketsFarm — ICE canola futures moved higher during the week ended Wednesday as a rally in the Chicago Board of Trade soy complex provided support. Whether there’s more room to the upside remains to be seen. “It looks like we’ve maybe turned a corner,” said Wayne Palmer, senior market analyst with Exceed Grain in Winnipeg. […] Read more

Crops, Markets

Net short position keeps growing in canola

By Phil Franz-Warkentin May 10, 2019

MarketsFarm — The large speculative short position in ICE Futures canola contracts continued to grow during the week ended Tuesday, as speculators added to their bearish bets on the market, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators had […] Read more

ICE July 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets

ICE weekly outlook: Little for canola bids to stand on

By Glen Hallick May 8, 2019

MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg. […] Read more

Tag Archives ice futures — page 31

ICE weekly outlook: All eyes on King Corn

ICE weekly outlook: Weather, politics in focus for canola trade

ICE weekly outlook: Weather the main factor in canola bids

ICE weekly outlook: Canola markets remain sensitive to weather

Canola funds still short, despite active U.S. covering

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

Fund traders still sitting on large canola short position

ICE weekly outlook: Canola looking for more support

Net short position keeps growing in canola

ICE weekly outlook: Little for canola bids to stand on

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