(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Thursday’s session mixed with canola setting fresh contract highs for the fifth session in a row prompted by bullish technical signals, brokers said. Canola saw an active trade with intermonth spreading accounting for the bulk of the volume as commercials and commodity funds continued to […] Read more
WCE close: Canola hits new highs for fifth session
WCE close: Canola soars to new highs on technicals
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Wednesday’s session higher with canola surging to fresh contract highs for the fourth day in a row on bullish technical signals, brokers said. Canola noted a heavy trade with much of the volume comprised of intermonth spreading as commercials and commodity funds rolled positions forward, […] Read more
WCE close: Canola hits 12-year highs, funds buy
(RNI) — Winnipeg Commodity Exchange (WCE) grain and oilseed futures closed Tuesday’s session mostly higher with canola hitting its highest level since 1994 on bullish technical signals, brokers said. Canola saw a very heavy trade with intermonth spreading accounting for a majority of the volume as commodity funds and commercials were noted rolling their positions […] Read more
WCE grain/oilseed review: canola mixed, old crop up on slow farmer selling
Winnipeg Commodity Exchange (WCE) grain and oilseed futures closed Monday’s session mixed with the old crop higher lifted by the sluggish pace to farmer selling, brokers said. New crop canola was lower. Monday was the first day of the extended trading hours for the WCE as it opened at 8:00 PM CT Sunday evening and […] Read more
WCE close: StatsCan report supports canola
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Thursday’s session narrowly mixed, with canola mainly higher as the market drew support from a bullish Statistics Canada crop report which offset weakness in Chicago Board of Trade (CBOT) soy complex futures, brokers said. Canola saw a moderate trade as intermonth spreading accounted for much […] Read more
WCE close: Canola rallies with CBOT soybeans
(RNI) — Winnipeg Commodity Exchange (WCE) grain and oilseed futures closed Wednesday’s session mainly higher, with canola advancing in step with gains in Chicago Board of Trade (CBOT) soybean futures, brokers said. Canola saw an active trade with intermonth spreading accounting for the bulk of the volume as commodity funds rolled their January long positions […] Read more
WCE close: Canola boosted by falling dollar
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Tuesday’s session mostly higher with solid gains in canola in the wake of the steep decline in the Canadian dollar, brokers said. Canola saw an active trade with much of the volume comprised of intermonth spreading, mainly by commercials. There was some small positioning ahead […] Read more
WCE close: Canola down on weak CBOT soyoil
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Monday’s session mainly lower with canola down modestly on the weak tone in Chicago Board of Trade soyoil futures, brokers said. Canola saw a moderate trade with intermonth spreading augmenting the activity. Index funds were felt to have completed their roll of January futures into […] Read more
WCE close: Canola up as dollar plunges
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Thursday’s session mainly higher, as canola was supported by the steep decline in the Canadian dollar against the U.S. greenback, brokers said. Canola saw an active trade, with index funds rolling their January futures contracts into March accounting for the bulk of the volume. Fund […] Read more
WCE close: Canola falls on weak CBOT soyoil
(RNI) — Winnipeg Commodity Exchange grain and oilseed futures closed Wednesday’s session mixed with canola lower on the weak tone in Chicago Board of Trade (CBOT) soyoil futures, brokers said. Canola saw an active trade, with intermonth spreading augmenting the trading volume. Commercials were positioning themselves ahead of the index fund roll of their January […] Read more