CME canola weekly nearby (chart as of June 26, 2016)

Drozd: Did you hear about the bull that fell off the mountain? His name was canola

Knowledge of technical trading signals helped some producers avoid the recent downturn in the canola market

Some market participants may have been surprised by the sudden downturn in the canola market, but others were prepared for it. Were you? Technical analysis is akin to reading a road map. The patterns which form on the charts represent the road signs. Over the years, a number of rather classic formations have been identified



(Dave Bedard photo)

ICE weekly outlook: Weather market ahead

CNS Canada — ICE Futures Canada canola prices edged up on the week, propped up by soggy Prairie fields and the anticipation for warm, dry weather in the U.S. Going forward, the market will be dominated by fund trading and weather-watching. “Funds are net short right now, and that’s something different, because we’ve rallied back

(Dave Bedard photo)

ICE weekly outlook: Canola looks for bounce-back

CNS Canada –– ICE Futures Canada canola contracts sunk lower during the week ended Wednesday, pressured by fund selling and a drop in the U.S. soy complex. However, there could be some relief in sight, as the market looks to correct itself. “Funds coming into this week were huge, longs in soybeans and corn; they’re



(Dave Bedard photo)

ICE weekly outlook: Canola establishes range

CNS Canada –– ICE Futures Canada canola suffered small losses during the week ended Wednesday, with both the July and November contracts chopping around the $520 per tonne mark. Losses in the Chicago Board of Trade (CBOT) soy complex weighed on canola. However, it lagged the U.S. market while receiving support from declines in the