The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.
ICE canola weekly outlook: Weak soybeans a “problem”
Canola runs into resistance
Chinese stimulus boosted markets but now they’re out of gas
Chinese stimulus boosted canola markets, but now they’re out of gas
U.S. harvest in full swing
All eyes are on the U.S. corn and soybean crops and whether they meet expectations
All Canadian grain market eyes are on the U.S. corn and soybean crops and whether they meet expectations.
Prairie spring wheat bids rise as loonie drops
Hard red spring wheat bids in Western Canada moved to their highest levels in three months during the week ended Oct. 10, as a firm tone in the United States futures and sharp weakness in the Canadian dollar provided support.
ICE canola weekly outlook: Rising market hits resistance
The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend.
Fall run was still waiting on buyers
Calves are still gaining pounds on good feed while major buyers are still picking up steam
The fall run has started in Manitoba cattle markets, but good pastures mean a sluggish start.
Canola futures market climbs higher
Canola prices find their footing again after hitting low point
Canola contract prices in the ICE Futures market climbed steadily higher during the first week of October.
Late season storms wreak havoc on Prairie crops
Severe hailstorms wreaked havoc on crops across Western Canada, bringing an unexpected surge in claims, according to the latest update from the Canadian Crop Hail Association (CCHA).
ICE canola weekly outlook: Running into resistance
The ICE Futures canola market was still trending higher in the first trading days of October but showing signs of running into resistance.
Canola flowing, but on shaky ground
Labour disputes and Chinese anti-dumping investigation drag outlook
Canola exports are flowing, but market outlook is on shaky ground
Cyber-Savvy Farmer
