MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in […] Read more
Tag Archives ice futures

ICE weekly outlook: Canola will follow soyoil up or down
Prairie weather another guiding factor

ICE weekly outlook: Canola finds support from funds, weather
Crude oil markets also a factor
MarketsFarm — After being in a steady decline over the past month, the ICE Futures canola market was on the rise for the week ended Wednesday. The July canola contract […] Read more

Fund traders add to bearish bets in canola
Funds also net short in MGEX and CBOT wheat, corn
MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, […] Read more

ICE weekly outlook: Hard to know where canola will go
'Could easily make a case either way'
MarketsFarm — ICE Futures canola contracts fell hard to end the month of May, dropping to levels not seen in more than two years. While the oversold market may be […] Read more

ICE weekly outlook: Don’t bank on $700 canola, analyst suggests
Fresh bullish news not yet in view
MarketsFarm — New-crop canola prices on ICE Futures seemed to be destined to remain well below $700 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. “The […] Read more

Speculative short position declines in canola
Traders' net long in CBOT soy also reduced
MarketsFarm — The speculative short position in canola continued to shrink during the week ended May 15, as speculators bought back short positions and put on new longs, according to […] Read more

ICE weekly outlook: Unclear where canola wants to go
Soy complex's trend much more apparent
MarketsFarm — While the ICE Futures canola market declined during the week ended Wednesday, the oilseed has been affected by a mixture of supports and pressures, according to commodities futures […] Read more

Canola fund short position narrows slightly in early May
Traders reduce net long in soybeans
MarketsFarm –– Fund traders were buying back short positions and putting on some new longs in the canola futures market during the first full week of May, causing the net […] Read more

ICE weekly outlook: Canola showing independent strength
Prairie weather uncertainty supportive
MarketsFarm — ICE Futures’ canola market saw some independent strength relative to other oilseeds during the week ended Wednesday, as speculative positioning and the need to ration tight old-crop supplies […] Read more

ICE weekly outlook: Expect canola to climb higher
Seeding reported underway in southern Alberta
MarketsFarm — As better-than-expected weather across the Canadian Prairies is very likely to spur on farmers to begin their spring seeding, the market is poised to push higher over the […] Read more