moving average Archives | Alberta Farmer Express

Canola futures testing chart resistance

November canola briefly topped $480 Monday

By Phil Franz-Warkentin, GFM Network News July 7, 2020

MarketsFarm — Recent price activity in the ICE Futures canola market has been bullish from a technical standpoint, with the futures poised for a break higher if the rally can be sustained. After trading at a low of $468.10 per tonne in late June, the November canola contract rallied to briefly trade above the psychological […] Read more

Canola, Crops, Markets

Canola breaks out of sideways range, uptrend slowing

By Phil Franz-Warkentin - MarketsFarm October 7, 2019

MarketsFarm — ICE Futures canola broke out of a long standing sideways trading range during the first week of October, but could be running out of steam to the upside from a technical standpoint. The nearby November contract had held within a $15 range between $440 and $455 per tonne all summer, but jumped out […] Read more

Canola, Crops, Markets

Canola technicals turn bearish

By Phil Franz-Warkentin - MarketsFarm June 7, 2018

CNS Canada — ICE Futures Canada canola contracts settled at their weakest levels in nearly three months on Thursday, with more room to the downside as the technical bias has shifted lower. After hitting contract highs within the past two weeks, the canola market has found itself in a steady downtrend. The nearby July contract […] Read more

Canola, Crops, Markets

Canola chart points to bearish reversal

By Phil Franz-Warkentin - MarketsFarm April 10, 2018

CNS Canada — After hitting a contract high Monday, the ICE Futures Canada July canola contract subsequently turned decidedly lower to form a key reversal pattern from a chart perspective. July canola hit a high of $539.50 per tonne Monday, but settled right around where it started, near the lows of the day, at $536.70. […] Read more

Canola, Crops, Markets

Canola nearing chart resistance

By Phil Franz-Warkentin - MarketsFarm March 5, 2018

CNS Canada — The ICE Futures Canada canola market remains in a steady uptrend from a chart standpoint, with the May contract posting gains Monday for the 11th straight session. However, the futures are getting very close to upper resistance. May canola settled Monday at $530.50 per tonne, after climbing by roughly $30 over the […] Read more

Canola, Crops, Markets

Bearish chart signals keep canola pointed lower

By Phil Franz-Warkentin - MarketsFarm December 18, 2017

CNS Canada — Canola contracts on the ICE Futures Canada platform have lost roughly $30 per tonne over the past month and have more room to the downside from a chart standpoint. The nearby January contract settled Monday at $491.20 per tonne, just above the September low of $489.50. A break below that point would […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn enter summer weather market

By Phil Franz-Warkentin - MarketsFarm July 5, 2017

CNS Canada — Soybean and corn futures posted solid gains over the past week, and may have more room to the upside as the U.S. Midwest enters the heat of summer. “It’s still early July, and we have the bulk of the important growing weather ahead of us,” said Rich Feltes, of RJ O’Brien in […] Read more

Canola, Crops, Markets

Canola chart turns neutral to bearish

By Phil Franz-Warkentin - MarketsFarm May 11, 2017

CNS Canada –– The ICE Futures Canada July canola contract has run into resistance from a chart standpoint and nearby technical signals look neutral to bearish. The contract fell from two-month highs the past two sessions, settling right at the 20-day moving average Thursday around $518 per tonne. Prior to Wednesday’s selloff the contract was […] Read more

Canola, Crops, Markets

Canola nearing chart resistance

By Phil Franz-Warkentin - MarketsFarm November 24, 2016

CNS Canada –– ICE Futures Canada canola contracts have trended higher for the past two weeks, with a rally in Chicago Board of Trade soyoil providing an added boost on Wednesday. While the nearby technical signals may be pointing higher, canola is also nearing major chart resistance. The January contract closed Thursday at $527.40 per […] Read more

Canola, Crops, Markets

Canola drops hard, nearing major chart support

By Phil Franz-Warkentin - MarketsFarm July 7, 2016

CNS Canada — ICE Futures Canada canola contracts fell below nearby chart support on Thursday, hitting their softest levels in four months. There is more room to the downside, but the market is also looking oversold. Fund traders were noted sellers on the move down, liquidating long positions and possibly moving to the short side […] Read more

Feds seek feedback on farm worker living conditions

U.S. EPA approves XtendiMax use for five years

U.S. grains: Corn futures fall after hitting 14-month high

GFM Network News

Feds seek feedback on farm worker living conditions

U.S. EPA approves XtendiMax use for five years

U.S. grains: Corn futures fall after hitting 14-month high

Tag Archives moving average

Canola futures testing chart resistance

Canola breaks out of sideways range, uptrend slowing

Canola technicals turn bearish

Canola chart points to bearish reversal

Canola nearing chart resistance

Bearish chart signals keep canola pointed lower

CBOT weekly outlook: Soy, corn enter summer weather market

Canola chart turns neutral to bearish

Canola nearing chart resistance

Canola drops hard, nearing major chart support

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One party rule in Saskatchewan, a ban on moose hunt parties in Manitoba, time to celebrate sky-high canola prices

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 23, 2020.

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