U.S. trade policies continue to impact agrictultural futures, and politics appear to remain the driving force behind grain and oilseeds markets for the foreseeable future.
Tag Archives Futures markets
Tariffs roil Canadian grain markets
About the only certainty these days is there is going to be more uncertainty
ICE Weekly: No news means no canola price movement
A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.
Why have cocoa futures hit record highs this year?
Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit.
Japan ends 300 years of trading rice futures
Reuters – Japan’s Osaka Dojima Commodity Exchange will end trading in rice futures, it said Aug. 6, nearly 300 years after it began trading as the first product on the world’s oldest futures exchange. The last futures will trade in June 2022 when all outstanding rice contracts will have expired, ending trade that began in
Currency weakness supportive for Canadian-grown commodities
Wheat futures drew some strength from demand for shelf-stable goods
It’s a fluid situation’ was the phrase of the week as the COVID-19 coronavirus pandemic infected everything it touched. The grains and oilseeds were not immune to the large swings seen in the global financial markets, but did manage to hold up reasonably well, all things considered. Social isolation, quarantines, travel restrictions and general worldwide
Derwin: Dollar direction signals hard to decipher
Every week the Commodity Futures Trading Commission (CFTC) releases its Commitments of Traders (COT) report. But just how committed are the traders shown in those trading activity reports? When you look at what traders can also do in the cash, over-the-counter and physical markets associated with those futures contracts, it’s difficult to say for sure. This
Comment: Long positions on corn liquidated
Funds sold their entire CBOT corn long position undetected during U.S. govt. shutdown
Within the span of six weeks, commodity funds dumped bullish bets in Chicago-traded corn futures and options without the market’s knowledge. Market participants were under the impression that speculators closed out January relatively optimistic toward the grains. However, data from the U.S. Commodity Futures Trading Commission (CFTC) confirmed otherwise on Feb. 19. Hedge funds and
ICE canola finds support at low end of long-term range
World wheat carry-out is expected down from 2017-18 size
ICE canola futures fell to fresh contract lows during the week ended Feb. 22, but did manage to find some support to the downside as values eventually consolidated near the bottom edge of their long-term trading range. The focus in the futures has shifted from the March contract to the May, with intermonth spreading a
Ungainly supplies, lack of demand dragging on canola
Assorted drama in the U.S. added a cautious tone to trade
ICE Futures canola contracts trended lower in the front months during the week ended Feb. 15, moving below chart support in the process as a number of factors conspired to weigh on values. The nearby March contract fell below the psychological $480-per-tonne level on Feb. 14, setting the stage for a test of the nearby
A weaker Canadian dollar lifts ICE canola futures
Healthy crush margins should keep processors rolling steady
ICE Futures canola contracts held within a narrow range during the week ended Feb. 8, but trended higher overall, with a weaker tone in the Canadian dollar providing some support. The currency lost roughly a full cent relative to its U.S. counterpart over the course of the week, settling at 75.36 U.S. cents on Feb.
Cyber-Savvy Farmer
