CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The most-frequently-traded July contract tested the $460 per tonne mark before backing off at the end of the […] Read more
ICE weekly outlook: Canola bias points higher
ICE weekly outlook: Canola to divorce from CBOT soy complex
CNS Canada — The ICE Futures Canada canola market was up sharply during the week ended Wednesday, following a rally in outside oilseed futures. Chicago soyoil futures led the way higher for oilseeds during the week, with some rumours of fresh export demand for U.S. soyoil floating around. Canola traders, however, are likely to shift […] Read more
ICE weekly outlook: Canola treads water waiting for news
CNS Canada — ICE Futures Canada canola futures moved slightly higher during the week ended Wednesday, as values stayed mostly rangebound amid a dearth of fresh fundamental news. “The open interest is going down because the funds have been liquidating their positions; down under 10,000 contracts,” said analyst Wayne Palmer of Agri-Trend Marketing in Winnipeg,. […] Read more
Cyber-Savvy Farmer
