FILE PHOTO: Customers speak with a salesman at a BYD dealership in Sant Cugat del Valles, near Barcelona, Spain, September 12, 2025. REUTERS/ Albert Gea/File Photo

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.






A strike at the Rogers Sugar refinery in B.C. has led to sporadic supply disruptions of numerous sugar products.

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

(Dave Bedard photo)

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.


(File photo by Dave Bedard)

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,

ICE January 2024 canola with 20- and 200-day moving averages and nine-day exponential moving average. (Barchart)

ICE weekly outlook: Purely technical canola market trending up

Activity expected thin until next week

MarketsFarm — The ICE Futures canola market moved within a wide range during the week ended Wednesday, hitting some of its best levels in a month before running into resistance at the highs. With traders in the United States moving to the sidelines for the U.S. Thanksgiving holiday, activity should be thin and choppy until