(File photo courtesy Canola Council of Canada)

Canola futures continue their slide

CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies. […] Read more






ICE November 2018 canola, with 20-day moving average. (Barchart)

ICE weekly outlook: Canola trends lower as farmers sell, harvest

CNS Canada — The ICE Futures canola market will bounce around in trade for the foreseeable future with the overall trend being downward, according to an analyst. “We’re just going to continue to migrate lower. (There) are going to be up days because nothing goes down forever,” said Wayne Palmer, senior market analyst with Exceed […] Read more

ICE November 2018 canola (candlesticks) and October 2018 soybean oil (green line). (Barchart)

ICE weekly outlook: Soyoil, not weather, main influence on canola

CNS Canada — Wet and snowy weather now plaguing the Prairies isn’t to blame for the canola market’s recent upswing, according to one trader. “Canola’s been firm but it really hasn’t shown any reaction whatsoever to the weather; it’s going up because bean oil’s going up and it’s lagging the bean oil gains by quite […] Read more