ice futures Archives | Page 32 of 36

Net short position climbs in canola

By Phil Franz-Warkentin May 6, 2019

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

ICE July 2019 canola (candlestick) with CBOT July 2010 soybeans (line) for comparison. (Barchart)

Crops, Markets

ICE weekly outlook: Bearish funds keep canola pointed lower

By Phil Franz-Warkentin May 1, 2019

MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to their large net short positions […] Read more

Crops, Markets

Large spec short position overhanging canola market

By Phil Franz-Warkentin April 26, 2019

MarketsFarm — Speculators added to their large net short position in ICE Futures canola during the week ended Tuesday, 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 58,004 contracts on Tuesday, up by about […] Read more

ICE May 2019 canola with 20- and 50-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Acreage report halts canola skid

By Glen Hallick April 24, 2019

MarketsFarm –– Statistics Canada’s acreage report has provided something of a much-needed bounce for canola bids. Canola hit a record low Tuesday, with the May contract at $437.80 per tonne and the July contract at $446.10 per tonne. The primary reason for the huge drop was the price of soybeans on the Chicago Board of […] Read more

ICE July 2019 canola (candlesticks) with CBOT July 2019 soybeans (green) and 20-day moving average (yellow). (Barchart)

Crops, Markets

ICE weekly outlook: Canola sideways, waiting for news

By Phil Franz-Warkentin April 17, 2019

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is usually the quietest month of the year for us,” said Ken Ball of PI Financial in Winnipeg. In addition to large world oilseed supplies overhanging […] Read more

Crops, Markets

Canola fund short position edges down, but still large

By Phil Franz-Warkentin April 12, 2019

MarketsFarm — The large speculative short position in ICE Futures canola contracts only saw a minor adjustment during the week ended Tuesday, with only a small reduction in the net reportable position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators […] Read more

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

Crops, Markets

ICE weekly outlook: Canola hinges on iffy U.S.-China deal

By Glen Hallick April 10, 2019

MarketsFarm — Canola contracts one the ICE Futures platform held within a narrow range during the week ended Wednesday, waiting for a catalyst to push futures one way or the other. To Errol Anderson of ProMarket Communications in Calgary, canola’s path is connected to a trade deal between the U.S. and China, which be a […] Read more

Crops, Markets

ICE weekly outlook: Canola bearish with or without China

By Phil Franz-Warkentin April 3, 2019

MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies and uncertain export prospects overhanging the market. Canadian canola exports to China are effectively non-existent right now, with the absence of that major customer casting […] Read more

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

Crops, Markets

ICE weekly outlook: China’s canola issues already well known

By Glen Hallick March 27, 2019

MarketsFarm — To some who follow commodities markets, it was clear some other participants had overreacted to the news of China banning canola imports from Viterra. Bruce Burnett of MarketsFarm was one of those who saw Canadian exports of canola to China have pretty much dried up since January. That came a few weeks after […] Read more

Crops, Markets

Canola fund short position continues to grow

By Phil Franz-Warkentin March 22, 2019

MarketsFarm — Fund traders remained on the short side in the ICE Futures canola market during the week ended Tuesday, adding to their large net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more

Tag Archives ice futures — page 32

Net short position climbs in canola

ICE weekly outlook: Bearish funds keep canola pointed lower

Large spec short position overhanging canola market

ICE weekly outlook: Acreage report halts canola skid

ICE weekly outlook: Canola sideways, waiting for news

Canola fund short position edges down, but still large

ICE weekly outlook: Canola hinges on iffy U.S.-China deal

ICE weekly outlook: Canola bearish with or without China

ICE weekly outlook: China’s canola issues already well known

Canola fund short position continues to grow

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