As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.
ICE Canada Weekly: Canola to move with the weather
Announcement pending on 45Z biofuel tax credit
ICE Weekly: No end to July canola’s rise: trader
July canola may have more room to grow
A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.
ICE canola weekly outlook: Biofuel optimism provides boost
Futures hit 18-month highs
ICE Futures canola contracts climbed higher during the week ended May 14, hitting their best levels in 18 months as proposed changes to biofuel policies in the United States lent support.
ICE canola weekly outlook: ‘Toppy’ market watching weather
Squeeze possible for old crop
Tight supplies could send old crop canola futures higher before the new crop harvest, but values were showing signs of running into resistance in early May.
ICE Weekly: Canola still higher despite resistance
July canola hits C$700/tonne mark, settles under it
Canola prices at the Intercontinental Exchange were higher during the week ended April 30, but not before the July contract reached the C$700/tonne level and closed under it.
ICE canola weekly outlook: Future cloudy for futures
Market awaiting upcoming U.S. tariffs
The ICE Futures canola market posted solid gains during the week ended March 26 to trade at its best levels in more than two weeks despite recently imposed Chinese tariffs on canola oil and meal the looming threat of broad tariffs from the United States.
ICE Weekly: No end in sight for canola’s downfall
U.S., China tariffs sink canola prices
Tariffs on Canadian canola oil and meal imposed by the United States and China have sunk the futures for the oilseed at the Intercontinental Exchange.
ICE canola weekly outlook: Politics in the forefront
Trade war weighs on canola prices
Canola contracts on the ICE Futures platform fell sharply lower in early March, as broad import tariffs in the United States went into effect and Canada announced its own retaliatory measures.
ICE Canada Weekly: Tariffs coming, may not last long says analyst
Canola likely to tally post-tariffs
To Errol Andersson of Errol's Commodity Wire in Calgary, there's little doubt the Trump administration will press ahead with tariffs on Canada and Mexico.
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
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