ICE Canola Up Following StatsCan Report — April 24, 2014

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By Phil Franz-Warkentin, Commodity News Service Canada April 23, 2014 Winnipeg – Canola contracts on the ICE Futures Canada platform were stronger at 11:10 CDT Thursday, as oversold price sentiment and a bullish reaction to the Statistics Canada planting intentions report provided support. StatsCan pegged canola area this spring at 19.8 million acres, which would […]


ICE canola up with supportive StatsCan report — April 24, 2014

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By Terryn Shiells, Commodity News Service Canada Winnipeg, April 24 – Canola contracts on the ICE Futures Canada platform were stronger Thursday morning, reacting to a supportive Statistics Canada reported which pegged lower than expected acreage for the 2014/15 (Aug/Jul) canola crop. According to Statistics Canada, Canadian farmers intended to plant 19.80 million acres of […]


North American Grain/Oilseed Review: Canola Drops To One-Month Lows — April 23, 2014

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By Phil Franz-Warkentin and Terryn Shiells, Commodity News Service Canada April 23, 2014 Winnipeg – ICE Futures Canada canola contracts settled lower on Wednesday, as bearish technical signals and the resulting speculative selling sent prices to their lowest levels in a month. The large losses posted earlier this week did some damage from a chart […]


ICE Canola Down With Fund Selling — April 23, 2014

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By Phil Franz-Warkentin, Commodity News Service Canada April 23, 2014 Winnipeg – Canola contracts on the ICE Futures Canada platform were weaker 10:51 CDT Wednesday, with chart-based selling a feature as prices moved below nearby support. After posting large losses earlier this week the technical bias has shifted lower for canola, according to a broker. […]


ICE canola breaks below psychological support — April 23, 2014

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By Terryn Shiells, Commodity News Service Canada Winnipeg, April 23 – Canola contracts on the ICE Futures Canada platform were weaker Wednesday morning, undermined by chart-based selling after the market broke below psychological support, analysts said. Expectations that farmers will plant about one million more acres of canola this spring compared to last year weighed […]


North American Grain/Oilseed Review: Canola drops sharply — April 22, 2014

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By Phil Franz-Warkentin and Terryn Shiells, Commodity News Service Canada April 22, 2014 Winnipeg – ICE Futures Canada canola contracts settled with large declines on Tuesday, seeing some follow-through selling after Monday’s turn lower. Declines in the CBOT soy complex spilled over to weigh on canola, accounting for some of the weakness in the Canadian […]


ICE Canola Down With Spec Selling/Farmer Hedges — April 22, 2014

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By Phil Franz-Warkentin, Commodity News Service Canada April 22, 2014 Winnipeg – Canola contracts on the ICE Futures Canada platform were down at 10:49 CDT Tuesday, retreating from overnight advances as declines in the CBOT soy complex spilled over to weigh on prices. Speculators were noted sellers, as canola prices moved below nearby support, according […]


ICE canola correcting higher — April 22, 2014

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By Terryn Shiells, Commodity News Service Canada Winnipeg, April 22 – Canola contracts on the ICE Futures Canada platform were slightly higher Tuesday morning, as the market was correcting following Monday’s losses, analysts said. Spillover support also came from the advances seen in outside oilseeds, including Chicago soybeans and soyoil futures. Continued talk that canola […]


North American Grain/Oilseed Review: Canola Down With Soybeans — April 21, 2014

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By Phil Franz-Warkentin and Terryn Shiells, Commodity News Service Canada April 21, 2014 Winnipeg – ICE Futures Canada canola contracts settled lower on Monday, posting large losses as declines in the CBOT soy complex spilled over to weigh on prices. Soybeans, corn, and wheat were all down in the US on Monday, and the broad-based […]