canola prices Archives - Page 4 of 16

ICE Canada Weekly: Canola likely to fall back

By Glen Hallick - MarketsFarm July 10, 2024

The Canadian oilseed began to pull back on July 8 as it became caught up in a selloff in the global oilseed market. The November contract finished at C$658.20 per tonne on July 5, gaining more than C$31 on the week. However, by the close on July 10, that contract dropped to C$617.90.

Markets

ICE Canada weekly: Interest rate cuts to have positive or negative effect on canola

May 29, 2024

With the growing likelihood of an interest rate cut by the Bank of Canada, spillover from the move could prove to be beneficial for canola prices, according to Calgary-based Errol Anderson of Errol’s Commodity Wire.

(Brett Holmes Photography/iStock/Getty Images)

Markets

ICE Weekly: More room to the upside for canola

By GFM Network News April 3, 2024

After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.

Markets

ICE Canada Weekly: Canola set to rise, but not a sure thing

By GFM Network News March 27, 2024

After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.

Markets

ICE canola showing signs of stabilizing

Expectations for slightly lower canola acres ahead of StatCan report

By GFM Network News March 6, 2024

The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.

Crops, Markets

ICE canola weekly outlook: Market stabilizing, but for how long?

Domestic crushers running at full capacity but export demand lacking

By GFM Network News January 24, 2024

ICE Futures canola contracts continued to show some modest strength during the week ended Jan. 24, as the market stabilized above the lows hit earlier in the month. However, whether the uptrend continues or canola retreats to fresh lows remains to be seen.

“Pods can look dramatically different, either riper or less ripe, than the actual seeds, so we need to be cracking open those pods and looking at the seeds.”
Photo: Greg Berg

Crops, Markets

ICE canola weekly outlook: Possible support uncovered

Chicago soyoil has shown some stability, underpinning canola

By GFM Network News January 10, 2024

The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.

Crops, Markets

ICE weekly outlook: Funds in control of market – for now

Spec funds were keeping a close eye on the weather in Brazil says analyst

By GFM Network News November 15, 2023

With a record short position in canola, managed money is largely in control of the market according to analyst Wayne Palmer of Exceed Grain in Winnipeg.

ICE January 2024 canola with 20-day moving average (yellow line, right column) and CBOT January 2024 soybeans (green line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Soy complex supporting canola

'Canola has been largely pulled up'

By GFM Network News November 9, 2023

MarketsFarm — Amid falling crude oil prices, canola prices are staying strong, largely due to the Chicago soy complex, according to a Calgary analyst. Errol Anderson of ProMarket Communications has been impressed with canola’s recent rise. The January contract on ICE Futures was as low at $672 per tonne on Nov. 2 before rising to […] Read more

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola futures looking for bottom

Crushing pace remains aggressive

By Phil Franz-Warkentin, GFM Network News October 12, 2023

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in three and a half months during the week ended Wednesday, taking some direction from Chicago soyoil as harvest activity winds down across the Prairies. Losses in other markets, including Malaysian palm oil and European rapeseed futures, added to the declines in canola. “Everybody […] Read more

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

GFM Network News

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

Tag Archives canola prices

ICE Canada Weekly: Canola likely to fall back

ICE Canada weekly: Interest rate cuts to have positive or negative effect on canola

ICE Weekly: More room to the upside for canola

ICE Canada Weekly: Canola set to rise, but not a sure thing

ICE canola showing signs of stabilizing

ICE canola weekly outlook: Market stabilizing, but for how long?

ICE canola weekly outlook: Possible support uncovered

ICE weekly outlook: Funds in control of market – for now

ICE weekly outlook: Soy complex supporting canola

ICE weekly outlook: Canola futures looking for bottom

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AGCanadaTV: In case you missed it; your national ag news recap for July 11, 2025

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