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 canola weekly outlook: Futures trending higher to start year
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.
ICE Weekly: Trade progress, new data threaten to break canola’s price range
Canola futures could be affected by trade progress between Canada and China as well as the USDA’s November supply and demand estimates.
ICE canola weekly outlook: Market rangebound
ICE canola futures saw some wide price swings during the week ended Nov. 5, although the market remains stuck in a sideways range overall.
ICE canola weekly outlook: Off lows, but sideways trade likely
Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
ICE Canada Weekly: Canola poised to slip below C$600/tonne
Look for November canola to slip below C$600 per tonne by the end of Thanksgiving week, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
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