canola futures Archives | Manitoba Co-operator

ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola’s uptrend still intact

MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in the middle of a demand-pull market… and the market has not yet done what it needs to do to accomplish the task of curtailing demand,”

ICE July 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark yellow and green lines). (Barchart)

Crops, Markets

ICE weekly outlook: For canola, the only certainty is volatility

"The market has to feel comfortable there’s a crop on the way"

By GFM Network News, Glen Hallick - MarketsFarm April 15, 2021

MarketsFarm — After starting this week with losses, canola bounced back with back-to-back gains, raising prices by more than $20 per tonne for old-crop after falling back $4-$5 on Monday. Errol Anderson, an analyst with ProMarket Communications in Calgary, emphasized there will be a good amount of volatility in the markets, with wide swings possible

ICE May 2021 canola (candlesticks) with Bollinger (20,2) bands, July 2021 canola (green line) and November 2021 canola (black line). (Barchart)

Crops, Markets

ICE weekly outlook: USDA reports could spur record canola acres

By GFM Network News, Glen Hallick - MarketsFarm April 1, 2021

MarketsFarm — After May and July canola contracts took hefty hits over the past the week, they skyrocketed to close out the calendar month following a pair of reports from the U.S. Department of Agriculture (USDA). The department on Wednesday issued its first survey-based prospective planting report for 2021, which called for increased acres for

ICE March 2021 canola with 20- and 50-day moving averages and CBOT May 2021 soybean oil (dark green line). (Barchart)

Crops, Markets

ICE weekly outlook: March canola contract not quite out of game

By GFM Network News, Glen Hallick - MarketsFarm February 18, 2021

MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, according to Keith Ferley of RBC Dominion Securities in Winnipeg. Open interest in the March contract was around 15,000 as of Feb. 17. Ferley noted

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola still climbing, watching beans

By GFM Network News, Phil Franz-warkentin November 18, 2020

MarketsFarm — The ICE Futures canola market has trended higher for the past five months and showed no signs of slowing down in mid-November, with prices hitting fresh contract highs on a number of days. January canola hit a session high of $571.40 per tonne, and settled Wednesday at $569.40. Aside from a brief blip

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Rising canola market watches harvest

By GFM Network News, Phil Franz-warkentin September 3, 2020

MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as harvest picks up over the next month. “Canola could go a little higher, but we’re probably pushing upper ranges for now until we have more

ICE November 2020 canola with 20-, 50- and 200-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Canola nears resistance

By GFM Network News, Phil Franz-warkentin July 9, 2020

MarketsFarm — ICE Futures canola contracts hit their strongest levels in three months during the first week of July, but appear to be running into resistance from a chart standpoint. The November contract hit an intersession high of $482 per tonne on Wednesday, but settled below the $480 mark. “You can’t discount at least the

ICE Futures May 2020 canola, with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: In canola, volatility is order of the day, for now

By GFM Network News, Glen Hallick - MarketsFarm March 5, 2020

MarketsFarm — Expect the canola market, along with other grains and oilseeds, to remain volatile for the time being, said David Derwin of PI Financial in Winnipeg. “A lot of the markets right now are extremely erratic because of the coronavirus. I think it’s being blown out of proportion, but it is what it is,”

ICE Futures March 2020 canola with 20- and 50-day moving averages. (Barchart)

Crops, Markets

High stocks-to-use ratio weighs on canola

By GFM Network News January 24, 2020

MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada (FCC), explained during his presentation

ICE March 2020 canola with Bollinger (20,2) bands. (Barchart)

Crops, Markets

ICE weekly outlook: Canola off highs, rangebound

By GFM Network News, Phil Franz-Warkentin - MarketsFarm January 15, 2020

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual

Ex-GFO CEO to manage Seeds Canada

Tory MP’s bill on farm transfer tax treatment moves ahead

Forecast, flea beetles complicate canola timing

GFM Network News

Ex-GFO CEO to manage Seeds Canada

Tory MP’s bill on farm transfer tax treatment moves ahead

Forecast, flea beetles complicate canola timing

Tag Archives canola futures

ICE weekly outlook: Canola’s uptrend still intact

ICE weekly outlook: For canola, the only certainty is volatility

ICE weekly outlook: USDA reports could spur record canola acres

ICE weekly outlook: March canola contract not quite out of game

ICE weekly outlook: Canola still climbing, watching beans

ICE weekly outlook: Rising canola market watches harvest

ICE weekly outlook: Canola nears resistance

ICE weekly outlook: In canola, volatility is order of the day, for now

High stocks-to-use ratio weighs on canola

ICE weekly outlook: Canola off highs, rangebound

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending May 14, 2021.

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