canola prices Archives - Page 23 of 27

ICE weekly outlook: Canola looks for bounce-back

By Dave Sims, GFM Network News July 6, 2016

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

Crops, Markets

ICE weekly outlook: Canola clawing back from sharp losses

By GFM Network News, Phil Franz-Warkentin June 29, 2016

CNS Canada — ICE Futures Canada canola contracts were slowly clawing their way back after dropping to their weakest levels in three months over the past week. The market likely has more room to the upside, although weather conditions will be a major factor driving prices through the summer months. “Canola was ridiculously cheap relative

Crops, Markets

ICE weekly outlook: Room for additional downside in canola

By GFM Network News, Jade Markus June 23, 2016

CNS Canada –– ICE Futures Canada canola contracts moved lower on the week, and the market’s declines are likely not finished yet, one analyst says. Canola lost $42.90 in the July contract and $35.60 in the November contract in the week ended Wednesday, as a rout of fund selling pressured the market. “I think we’ve

Crops, Markets

ICE weekly outlook: Canola establishes range

By Dave Sims, GFM Network News June 15, 2016

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

Crops, Markets

ICE weekly outlook: Canola gains depend on soybeans

By GFM Network News, Phil Franz-Warkentin June 8, 2016

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday and may have more room to the upside, provided the market continues to see a boost from the U.S. soy complex. “Right now, this market does not want to go down,” said senior analyst Wayne Palmer of Agri-Trend Marketing, on

Crops, Markets

Market analysts watch for surging soybeans to peak

By Dave Sims, GFM Network News June 4, 2016

CNS Canada — As soybeans climb the charts and help float other commodities such as canola, one market watcher says the prime selling opportunity for farmers could pass soon, as bearish factors come into play. The president of Calgary-based ProMarket Communications, Errol Anderson, said large funds are the main force that has lifted Chicago soybeans

Crops, Markets

ICE weekly outlook: Canola prices winding down

By GFM Network News, Jade Markus June 1, 2016

CNS Canada — ICE Futures Canada canola markets were mixed in the week ended Wednesday, and as grower interest in selling ramps up, prices are likely to edge down. “Canola has been pushed up to some moderately high levels, and it’s been justified in being up there,” said Ken Ball of PI Financial Corp. “But

Crops, Markets

ICE weekly outlook: Canola looks set to stay above $500

By Dave Sims, GFM Network News May 25, 2016

CNS Canada — ICE Futures Canada canola contracts don’t appear to be in much danger of falling below the $500 per tonne level anytime soon. Both front-month contracts spent much of the week ended Wednesday hanging around the $520 mark. Surging action from the U.S. soy complex has kept canola supported, even on days when

Crops, Markets

ICE weekly outlook: Canola in need of outside catalyst

By GFM Network News, Phil Franz-Warkentin May 18, 2016

CNS Canada — Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Wednesday, but moved higher overall. However, further gains will take an outside catalyst, according to a market analyst. “There’s a very firm tone to the market,” said Errol Anderson of ProMarket Communications. Fund traders,

Crops, Markets

ICE weekly outlook: Canola’s fate rests on fund buying

By GFM Network News, Jade Markus May 11, 2016

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, following strength in CBOT (Chicago Board of Trade) soybeans, but one analyst says it could be hard for the market to hold onto those advances. CBOT soybeans rallied Tuesday after the U.S. Department of Agriculture released bullish supply and demand

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Tag Archives canola prices

ICE weekly outlook: Canola looks for bounce-back

ICE weekly outlook: Canola clawing back from sharp losses

ICE weekly outlook: Room for additional downside in canola

ICE weekly outlook: Canola establishes range

ICE weekly outlook: Canola gains depend on soybeans

Market analysts watch for surging soybeans to peak

ICE weekly outlook: Canola prices winding down

ICE weekly outlook: Canola looks set to stay above $500

ICE weekly outlook: Canola in need of outside catalyst

ICE weekly outlook: Canola’s fate rests on fund buying

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