ICE Futures canola contracts were underpinned by a rally in Chicago soyoil during the week ended Feb. 18, but the Canadian oilseed ran into upside chart resistance that tempered gains.
ICE canola weekly outlook: Rallying soyoil supportive
ICE Canada Weekly: Canola needs to back away from highs
Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
ICE canola weekly outlook: More upside possible
ICE canola futures have trended steadily higher for the past month, with more upside possible from a chart standpoint as market participants continue to account for easing tariffs from China.
ICE Canada Weekly: Canola premium required
In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.
ICE canola weekly outlook: Futures trending higher to start year
Canola futures were trending higher to start the New Year, with the nearby technical signals showing more room to the upside. However, continued strength will require additional outside support.
ICE Canada Weekly: Canola unlikely to have a good start to 2026
When canola trading begins returning to normal come Jan. 5, the oilseed’s futures are likely to fall back, said Tony Tryhuk, trader with RBC Dominion securities in Winnipeg.
ICE canola weekly outlook: Little positive for futures
ICE canola futures fell to their lowest levels in nine months during the week ended Dec. 17, with little supportive news to underpin the market.
ICE Canada Weekly: Canola a “tough market”
There are grim prospects for canola prices as the New Year approaches said Winnipeg-based trader and farmer Bill Craddock.
ICE canola weekly outlook: Slowly grinding higher
ICE canola futures saw some choppy activity during the week ended Nov. 26, falling below nearby support at one point before clawing back from those losses to continue their steady uptrend of the past two months.
ICE Canada Weekly: Canola likely to remain rangebound
Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
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