(Dave Bedard photo)

ICE weekly outlook: Canola looking bearish with soybeans

Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, as bearish technical signals, declines in the outside crude oil market and losses in CBOT soybeans weighed on values. While a short-covering correction is possible in the near-term, the longer-term direction will continue to be dictated by soybeans. The nearby […] Read more



(Dave Bedard photo)

ICE weekly outlook: Canola feeling soy pressure

Reading Time: 2 minutes CNS Canada –– ICE Futures canola contracts were mixed during the week ended Wednesday, with the most-active January contract feeling pressure from declines in the U.S. soy complex. With the harvest over and no major reports scheduled within the next seven days, it is difficult to see canola breaking very far one way or the […] Read more



(Dave Bedard photo)

ICE weekly outlook: Canola still married to soybeans

Reading Time: 2 minutes CNS Canada –– ICE Futures Canada canola futures were mostly higher during the week ended Wednesday, with some support coming from gains in the Chicago soy complex. Speculative-based short covering, after the January contract moved above the 30-day moving average at about $411 per tonne on Wednesday, was also bullish, according to analysts. The January […] Read more