Markets Toss And Turn On Economic Uncertainty

ICE Futures Canada canola contracts bounced around within a relatively narrow range during the week ended Oct. 28, posting declines in most months, aside from the nearby November. The gains in the front month were tied to position-evening ahead of deliveries against the contract, as traders exited their positions in November and the spread narrowed

Larger Economic Issues Weigh On Canola

column Canola futures on the ICE Futures Canada trading platform resumed a downward price trend during the week ended Oct. 21. Losses were attributed to the price declines experienced by CBOT (Chicago Board of Trade) soybeans and outright liquidation by speculative fund accounts. Elevator company hedge selling was also evident, especially when canola showed signs


Canola Futures Recovering On Fresh Chinese Demand

Dwayne Klassen CNSA Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers



Highs Likely In For Canola Market As Harvest Ends

column Phil-Franz Warkentin CNSC The ICE Futures Canada canola market saw some wide price swings during the week ended Sept. 30, finishing with declines after testing downside resistance on a number of occasions. On the whole, the bearish factors in the market outweigh anything supportive, but a short-covering bounce does remain a possibility going forward.

Economic Jitters, Harvest Pace Weigh On Grains

Canola futures on the ICE Futures Canada trading platform suffered a serious price setback during the week ended Sept. 23. Global macroeconomic concerns combined with an aggressive harvest pace on the Canadian Prairies to send values down sharply. All the canola contracts lost at least $20 per tonne each. The penetrat ion of support in


Oilseed Supplies Drag On Canola Demand

Canola futures on the ICE Futures Canada trading platform lost some significant ground during the week ended Sept. 16, with the advancing harvest in Western Canada and reports of better-than-anticipated yields encouraging the downward price slide. Producers were also delivering canola right off the combine and into the country elevator system, which contributed to some

“Monstrous” Canola Yield Reports Pressure Futures

Canola futures on the ICE Futures Canada trading platform experienced a minor push to the downside during the week ended Sept. 9. Declines were influenced by the favourable weather for harvest operations, particularly in Saskatchewan and Manitoba, and indications that some monstrous canola yields were being achieved. The larger-than-expected supply of canola in commercial and


Oilseed Demand Outweighs Harvest Pressure

ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving

Canola Trade Bullish Despite Big Forecast

Canola futures on the ICE Futures Canada trading platform posted some modest advances during the week ended Aug. 26 despite the fact that a crop production survey from Statistics Canada estimated output of the crop at a record-size level. The government agency’s survey for the period ended July 31 said canola production in Canada during