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 […]


ICE Canola Drops Lower With US Markets — April 21, 2014

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By Phil Franz-Warkentin, Commodity News Service Canada April 21, 2014 Winnipeg – Canola contracts on the ICE Futures Canada platform were sharply weaker at 10:44 CDT Monday, taking some direction from the selloff seen in the US grains and oilseeds. Wheat futures led to the downside in the US, pulling the other grains and oilseeds […]


ICE canola down with Chicago soy complex — April 21, 2014

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By Terryn Shiells, Commodity News Service Canada Winnipeg, April 21 – Canola contracts on the ICE Futures Canada platform were weaker Monday morning, following the losses seen in the Chicago soy complex, analysts said. Some chart-based selling, as well as expectations of large 2013/14 (Aug/Jul) carryout stocks of Canadian canola also undermined the futures. A […]


North American grain/oilseeds review: canola down with soyoil — April 17, 2014

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By Terryn Shiells and Dave Sims, Commodity News Service Canada Winnipeg, April 17 – ICE Futures Canada canola contracts closed weaker, following the declines seen in Chicago soyoil futures on Thursday. A recent pickup in farmer hedging was also bearish, as was the upswing in the value of the Canadian dollar, analysts said. Profit taking […]