(Dave Bedard photo)

Bullish canola futures hit new highs

CNS Canada –– Both old- and new-crop canola contracts traded on the ICE Futures Canada platform climbed to new highs on Tuesday, with a bullish reaction to U.S. supply/demand data providing the catalyst for the rally. The most active July futures touched a session high of $544.60 per tonne, before settling Tuesday at $532.30. The







(Dave Bedard photo)

ICE weekly outlook: Canola ebbs, flows in wide range

CNS Canada –– ICE Futures Canada canola contracts have moved steadily higher over the past month, but the market remains rangebound overall. “There are underlying supportive influences for canola, but it still comes down to the bigger trends in vegetable oils and oilseeds competing internationally,” said Mike Jubinville of ProFarmer Canada, adding that “there’s a


 (Dave Bedard photo)

ICE weekly outlook: Canola watching USDA report

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point appeared ready to test the