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Speculators bail out of long positions in canola

MarketsFarm – Speculators continued to bail out of long positions in the ICE Futures canola market during the week ended June 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 25,117 […] Read more


ICE November 2022 new-crop canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Falling canola futures snowballing lower

MarketsFarm — ICE Futures canola contracts fell hard during the week ended Wednesday, with little indication of how much more room to the downside there could be. “Once the snowball starts rolling, it just rolls,” analyst Mike Jubinville of MarketsFarm said, adding there were no dynamic changes to the generally supportive canola fundamentals — but […] Read more