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ICE Canada Weekly: Canola looking at C$580

‘Lack of bullishness’ says trader

Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.


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A missed opportunity for farmers says analyst

Prices heading down following crop-saving rains

Farmers have likely lost an opportunity to get better prices for their crops, such as canola, just as the harvest across the Canadian Prairies begins to pick up speed, an analyst warned.






ICE canola weekly outlook: Tight carryout supportive

ICE canola weekly outlook: Tight carryout supportive

New crop production uncertain

ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.