March 2017 canola, with the simple 200-day moving average included in orange. (Barchart.com)

Tipping point seen for March canola

CNS Canada — ICE Futures Canada canola futures find themselves at a bit of a tipping point from a chart standpoint, with the most active March contract settling right at the $500 per tonne mark on Tuesday. In addition to being a psychological benchmark, $500 is also within 30 cents of the 200-day moving average […] Read more







(Dave Bedard photo)

ICE weekly outlook: Farmers look for rallies

CNS Canada — As the last remaining days of harvest tick down, farmers are beginning to look for rallies to sell into, according to an analyst in the market. “The farmer continues to struggle out there, but seems content to sell into the rallies. I don’t think they’re selling into the breaks,” said Keith Ferley […] Read more


January 2017 canola, including 20-day moving average and (in separate graph at bottom) RSI, from June through to Nov. 24, 2016. (Barchart.com)

Canola nearing chart resistance

CNS Canada –– ICE Futures Canada canola contracts have trended higher for the past two weeks, with a rally in Chicago Board of Trade soyoil providing an added boost on Wednesday. While the nearby technical signals may be pointing higher, canola is also nearing major chart resistance. The January contract closed Thursday at $527.40 per […] Read more



(Photo courtesy Canola Council of Canada)

Canola crush hits new weekly record

CNS Canada — Canadian canola crushers hit a new weekly record during the second week of November, processing more than 200,000 tonnes of canola for the first time ever. The canola crush during the week ended Wednesday came in at 203,951 tonnes, according to the most recent Canadian Oilseed Processors Association report. The previous record […] Read more