(Dave Bedard photo)

ICE weekly outlook: Canola facing uncertainty

CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in more than three months during the week ended Wednesday, but could still have more room to the downside given the general sense of global trade uncertainty. “Every commodity trader in North America or globally is scared to death right now,” said […] Read more

ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)

Canola technicals turn bearish

CNS Canada — ICE Futures Canada canola contracts settled at their weakest levels in nearly three months on Thursday, with more room to the downside as the technical bias has shifted lower. After hitting contract highs within the past two weeks, the canola market has found itself in a steady downtrend. The nearby July contract […] Read more



ICE Futures Canada’s head office in Winnipeg. (Dave Bedard photo)

ICE weekly outlook: Seasonals to weigh on canola

CNS Canada — ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on values. “Seasonally speaking, we’re in the neighborhood where canola makes the turn down,” said Mike Jubinville of ProFarmer Canada, noting canola typically sees some softness […] Read more





(Dave Bedard photo)

ICE weekly outlook: Canola watching U.S./China spat

CNS Canada — ICE Futures Canada canola contracts moved steadily higher over the past week as grain markets reacted to a mounting trade dispute between China and the U.S. While no sanctions are yet in place, the back-and-forth sabre-rattling between the two countries now includes proposed Chinese tariffs on U.S. soybeans, which weighed heavily on […] Read more