It’s best for Prairie canola growers to look at current prices as a brief respite from the market pressures soon to come, Adam Peleshaty writes.
Tag Archives ICE Futures
It’s Your Business: Rising canola, soyoil prices won’t last for long
Record Brazilian soy crop will soon flood market
No easy fix for canola as Carney meets Xi in Beijing
China’s levies continue hurting producers as calendar flips over to 2026
China’s tariffs push pain on farmers into 2026. Growers are hopeful for political resolution as PM's trade mission begins.
Stronger canola prices welcome surprise
Mid-November canola market holding above resistance based on durable demand
Mid-November canola market holding above resistance based on durable demand, resulting in pleasantly higher canola prices for Canadian farmers
Canadian canola futures vibing
It’s Your Business: Words from China’s ambassador were interpreted positively by the canola market
Recent comments from Chinese and Canadian officials offered a shot of positive vibes that lifted ICE canola futures to their highest levels in a month, even without any actual concrete developments on the trade front.
Speculators bail out of canola long positions
Tariff uncertainty tied to liquidation
Fund traders were busy liquidating long positions and putting on new bearish bets in canola as tariff uncertainty from both China and the United States weighed on the futures in early March.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
ICE weekly outlook: Canola likely to keep sliding back
With larger crop, trade likely to be overwhelmed by deliveries, analyst says
There is a rather significant bearish outlook for canola for the rest of December, according to Jerry Klassen of Resilient Commodity Analysis. He said a large part of this was generated by the Statistics Canada production report released on Dec. 4.
Going soft on ICE
Expert's Radar: The canola exchange also hosts more exotic commodities
The ICE Futures U.S. exchange, home to Canadian canola contracts, is also the primary price discovery platform for the so-called “soft” commodities, including coffee, cocoa, sugar and frozen concentrated orange juice. While Canada does export some sugar, the country is largely a price-taker for all those commodities and holiday bakers may feel an extra pinch
ICE weekly outlook: Canola prices could rebound
'There's nothing all that exciting to look at'
MarketsFarm — Winnipeg-based trader Ken Ball from PI Financial is cautiously optimistic that canola prices can rebound in the short term. The January canola contract closed at $702.30 per tonne on Wednesday a weekly loss of $7.40. The contract fell below the $700 level on U.S. Thanksgiving on Nov. 23, a day with little volume.
Speculators buy back bearish canola bets in latest report
Funds reduce net long in soybeans
MarketsFarm — Fund traders were actively covering bearish bets in canola during the week ended Nov. 21, buying back some previously placed short positions, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). The report was delayed due to the U.S. Thanksgiving holiday. As of Nov. 21, 2023,
Cyber-Savvy Farmer
