ICE canola futures are starting to look oversold after falling contract lows during the week ended Wednesday. While a short-term technical correction is possible, the underlying fundamentals remain bearish. “Canola […] Read more
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ICE weekly outlook: Oversold canola still fundamentally bearish
ICE weekly outlook: Canola grinding lower
ICE Futures canola contracts held relatively steady during the week ended Wednesday, with a softer tone in old-crop contracts and strength in new-crop months. The general trend is likely pointed […] Read more
ICE weekly outlook: Canola at mercy of U.S. soy
CNS Canada — The ICE canola market is currently at the mercy of the soybean market as it awaits this week’s G20 meeting between Chinese President Xi Jinping and U.S. […] Read more
ICE weekly outlook: Canola seen dropping further still
CNS Canada — As global oilseed overproduction and a trade war rages on between the U.S. and China, producers should get used to lower canola prices, according to one analyst. […] Read more
ICE weekly outlook: Pressure builds on canola as yield outlooks vary
CNS Canada — ICE’s November canola futures look poised to continue chopping around between the $490-$500 per tonne mark, as uncertainty over yields in Western Canada sows seeds of doubt […] Read more
ICE weekly outlook: Canola watching soy ahead of harvest
CNS Canada — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, although the looming harvest and weakness in CBOT soybeans could weigh on values going forward. […] Read more
ICE weekly outlook: Canola seeks rain amid market turmoil
CNS Canada — The ICE Futures Canada canola market faces a slew of uncertainty as political turmoil in international trade markets and a looming report from Statistics Canada keeps traders […] Read more
ICE weekly outlook: Canola facing uncertainty
CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to […] Read more
ICE weekly outlook: Canola braces for turbulence
CNS Canada — The ICE Futures Canada canola market could go on a choppy ride this summer as weather challenges and the topsy-turvy world of international trade battles threaten to […] Read more
ICE weekly outlook: Seasonals to weigh on canola
CNS Canada — ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on […] Read more