Up some, down more

Up some, down more

Harvest progress is slowly pushing down canola prices

The canola market see-sawed during the week ended Oct. 19 with the overall trend being to the downside as farmers were able to get back into the fields and deliveries picked up pace. From day to day the market would bounce from the red to the green. However, days in the green weren’t regaining the




ICE’s ticker symbol on display at the ICE-owned New York Stock Exchange in March 2016. (Photo: Reuters/Brendan McDermid)

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. The November canola contract held above the psychological $500 per tonne level during the week, which should be providing decent opportunities for hedging, said commodities



Canola futures see support despite bearish carry-out

Canola futures see support despite bearish carry-out

July canola slips on strength in the Canadian dollar

Canola futures took a step back during the week ended April 13, weighed down by strength in the Canadian dollar. Traders began exiting the ICE Futures Canada May contract and securing more favourable positions. While the July contract fell $11.30 on the week, to $526 a tonne, it still showed independent strength given the bearish





Pressure on the loonie helps lift canola futures

Pressure on the loonie helps lift canola futures

Conditions in South America add a weather premium

Contracts on the ICE Futures Canada canola complex continued to strengthen during the week ended Feb. 23, as weather issues in South America and action in the Canadian dollar underpinned the market. Traders were rolling out of the March contract and into May, resulting in a flurry of spread action during the week. The tilt

Soybeans’ strength doesn’t sustain canola’s rally

Soybeans’ strength doesn’t sustain canola’s rally

Large corn supplies keep cash prices under pressure

ICE Futures Canada canola contracts hit their best levels in two months during the week ended Feb. 16, but ran out of gas and retreated from those highs despite continued strength in Chicago soybeans. After rallying above the psychological $500-per-tonne mark on Monday (Feb. 12), March canola spent the next few days making attempts at