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    U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath

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Tag Archives canola prices


(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Further weakness in store for canola

By Terryn Shiells, GFM Network News August 20, 2015
CNS Canada –– The ICE Futures Canada canola market moved lower during the week ended Wednesday, breaking below the key support level of C$480 per tonne in the November contract. With the technical bias pointed lower, further weakness is expected to be in store for the commodity. “I think the ideas in the trade are […] Read more

(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola drop may spur fresh demand

By Phil Franz-Warkentin August 12, 2015
CNS Canada — ICE Futures Canada canola futures dropped sharply on Wednesday as the market reacted to a surprisingly bearish U.S. Department of Agriculture report and resulting losses in soybeans. While the nearby technical bias has turned bearish, the latest weakness may also serve to uncover some fresh export demand for canola. “It’s a reminder […] Read more


(Dave Bedard photo)
Canola, Crops, Markets, Weather

ICE weekly outlook: Canola faces resistance

By Phil Franz-Warkentin July 15, 2015
CNS Canada — ICE Futures Canada canola contracts traded within a wide range during the week ended Wednesday, but settled mixed as the market reacted to conflicting outside factors. While the nearby bias has shifted lower in the most active months, ongoing production uncertainty in Western Canada should remain supportive in the long run, according […] Read more

(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Weather key to canola market

By Phil Franz-Warkentin June 24, 2015
CNS Canada — ICE Futures Canada canola contracts climbed to their highest levels in two years during the week ended Wednesday, with mounting weather concerns across the Prairies the key driver in the market. “This thing will keep going until we get some rain,” said Jerry Klassen, manager of GAP S.A. Grains and Produits in […] Read more


(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola needs more fuel to keep rising

By Phil Franz-Warkentin June 3, 2015
CNS Canada –– ICE Futures Canada canola contracts climbed sharply higher during the week ended Wednesday, but additional gains will need some more bullish news as the market takes a breather and consolidates. A combination of a rally in CBOT soyoil, a weaker Canadian dollar, fund buying and a weekend frost all contributed to the […] Read more

(Canola Council of Canada photo)
Canola, Crops, Markets

Prairie canola basis levels soften as futures rally

By Terryn Shiells June 2, 2015
CNS Canada — The ICE Futures Canada canola market has moved sharply higher recently, but the cash market hasn’t followed along, as basis levels have generally seen a softening trend. “Generally we’ve been seeing companies widen their basis levels out a bit. Some have held them steady, some have just crept them out a little […] Read more


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