canola prices Archives - Page 10 of 16

ICE weekly outlook: Uncertainty to underpin canola in short term

By Jade Markus June 7, 2017

CNS Canada — ICE Futures Canada canola futures advanced on the week and are likely to keep near-term support, one analyst says, as traders mull over the question: Just how much canola is out there? “There’s still a lot of uncertainty about canola numbers; we’re still not certain about how big the last crop was; […] Read more

Canola, Crops, Markets

ICE weekly outlook: More losses likely for bearish canola

By Phil Franz-Warkentin May 31, 2017

CNS Canada — ICE Futures Canada canola contracts posted large losses during the week ended Wednesday, and could be headed even lower, as bearish technicals and weakness in global economic markets outweigh supportive fundamentals. “We’re going into a seasonally slower demand period,” said Errol Anderson of ProMarket Communications. A downgrade of China’s credit by Moody’s […] Read more

Canola, Crops, Markets

ICE weekly outlook: Weather issues, tight stocks lift canola

By Dave Sims May 24, 2017

CNS Canada –– The ICE Futures Canada canola market lost ground during the week ended Wednesday, pushed down by losses in the U.S. soy complex. A corruption scandal in Brazil sparked a steep selloff in soybeans during last Thursday’s session, which affected oilseeds around the world, including canola. Canola’s dominant July contract lost $4 during […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola waits for stocks report

By Dave Sims May 3, 2017

CNS Canada — ICE Futures Canada canola contracts continue to chop around in the lead-up to the release of a major report. Statistics Canada is due to release its estimates for the country’s canola stocks (as of March 31) on Friday. The dominant July contract eked out a minor gain of $1.30 per tonne during […] Read more

Canola, Crops, Markets

ICE weekly outlook: More gains likely for rising canola

By Jade Markus April 20, 2017

CNS Canada — ICE Futures Canada canola advanced sharply on the week and has room to strengthen further, though resistance is on the horizon. Canola far outpaced Chicago Board of Trade (CBOT) soybeans in the week ending Wednesday, as the market gathered independent strength. Since last week, July canola advanced about $18 per tonne, closing […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola looks for support from new crop

By Dave Sims March 22, 2017

CNS Canada — ICE Futures Canada canola contracts finished lower during the week ended Wednesday but attention in the market is turning to the new crop — and to North American acreage expectations. During the week, the dominant May canola contract fell $9.20, from $510.80 per tonne to $501.60. Large funds have now flipped to […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Canola’s rally pushes cash prices higher

By Jade Markus, GFM Network News March 2, 2017

CNS Canada — Canola cash prices notched gains with recent news out of the U.S., but the market remains rangebound, and near-term support is likely to run dry. Canola cash prices were supported by a two-day rally in the futures, said Mike Jubinville of ProFarmer Canada, but crushers have widened out the basis for nearby […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola sturdy, but watching beans

By Phil Franz-Warkentin February 22, 2017

CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is very sturdy,” said Ken Ball of PI Financial in Winnipeg, noting the Canadian oilseed has gained about $55 per tonne relative to the U.S. markets […] Read more

Brown mustard. (Peggy Greb photo courtesy ARS/USDA)

Crops

Mustard seeding to drop with higher stocks, competition

By Jade Markus February 9, 2017

CNS Canada — Stockpiles of mustard are likely to put a squeeze on the number of acres seeded in Canada this year, especially as the commodity competes price-wise with canola. Olds Products, North America’s second-biggest mustard manufacturer, has started contracting acres in Alberta, Saskatchewan, North Dakota and Montana. Seed division manager Walter Dyck expects less […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola pointed lower

By Phil Franz-Warkentin February 1, 2017

CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in for now, according to an analyst. “The technical and the fundamentals are pointing down,” said Errol Anderson of Pro Market Communications in Calgary, pointing to […] Read more

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Daily Network News

U.S. grains: Soybeans, corn fall on harvest pressure

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Tag Archives canola prices

ICE weekly outlook: Uncertainty to underpin canola in short term

ICE weekly outlook: More losses likely for bearish canola

ICE weekly outlook: Weather issues, tight stocks lift canola

ICE weekly outlook: Canola waits for stocks report

ICE weekly outlook: More gains likely for rising canola

ICE weekly outlook: Canola looks for support from new crop

Canola’s rally pushes cash prices higher

ICE weekly outlook: Canola sturdy, but watching beans

Mustard seeding to drop with higher stocks, competition

ICE weekly outlook: Canola pointed lower

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