MarketsFarm — After covering bearish bets for four straight weeks, managed money fund traders were back on the sell side of the canola market in late April, covering longs and […] Read more
Tag Archives ice futures
Fund short position in canola grows for first time in a month
Corn moves from net long to net short
ICE weekly outlook: StatCan’s canola area estimate questioned
Traders predict significant increase ahead
MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 […] Read more
ICE weekly outlook: Weather to influence canola price movement
Short-covering seen supporting front months for now
MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants […] Read more
ICE weekly outlook: New-crop November canola set to step back
StatCan not expected to sway futures much
MarketsFarm — There is presently little upside to new-crop November canola on ICE Futures, according to analyst Errol Anderson of ProMarket Communications in Calgary. Anderson pointed to losses in Malaysian […] Read more
ICE weekly outlook: Not a matter of when, but where canola peaks
Prevailing trend remains downward
MarketsFarm — As the rally in canola on ICE Futures continued Wednesday, an analyst stressed it’s not when this upswing ends, but where. David Derwin of PI Financial in Winnipeg […] Read more
Canola fund short position still rising
Managed money net long in soybeans
MarketsFarm — The size of the fund short position in continued to rise in early March, according to the latest Commitments of Traders data out from the U.S. Commodity Futures […] Read more
ICE weekly outlook: Canola continues its collapse
Limited demand, more farmer selling seen
MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief […] Read more
ICE weekly outlook: No floor in sight for overdone canola
'A lot of money playing around in canola right now'
MarketsFarm — The ICE Futures canola market was in freefall mode through the first half of March, hitting its weakest levels in over a year. While the losses may be […] Read more
Confirmation of large canola short position slowly appears
CFTC data flow slowly resuming
MarketsFarm — The size of the fund short position in canola rose in February and likely grew even larger in March, as weekly Commitments of Traders data slowly trickles out […] Read more
Reading between the lines: Oversold canola due for correction
Technical signs point to possible recovery
MarketsFarm — Canola futures posted sharp losses over the past week, with the May contract touching its weakest level in six months. While damage was done from a chart standpoint, […] Read more
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