By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 27 (CNS Canada) – ICE Futures canola contracts were down slightly in early trading on Wednesday morning, as the technical bias continues to remain on the downside. Although there are reports that canola may be due for a bounce following yesterday’s losses. Canola futures for this […] Read more
ICE canola futures open Wednesday on the downside
North American Grain/Oilseed Review: Canola continues downward slide
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 26 (CNS Canada) – ICE Futures canola contracts were weaker on Tuesday, continuing their downward slide to fresh lows. Losses in the Chicago Board of Trade soy complex, large Canadian canola supplies and bearish technical signals all weighed on values, according to participants. Speculators were noted […] Read more
Canola drops to fresh lows at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 26 (CNS Canada) – ICE Futures canola contracts were down sharply at midday Tuesday, hitting fresh contract lows for the second-straight session. “At the moment, canola really doesn’t have any friends,” said a trader. He said losses in Chicago Board of Trade soyoil, large Canadian canola […] Read more
ICE canola futures open Tuesday with small losses
By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 26 (CNS Canada) – ICE Futures canola contracts were down slightly in early trading on Tuesday morning, as the technical bias continues to remain on the downside. Canola futures for this morning slid by C$1 per tonne, with the May contract at C$476.70 per tonne. The […] Read more
North American Grain/Oilseed Review: Canola drops to fresh contract lows
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 25 (CNS Canada) – ICE Futures canola contracts were down sharply on Monday, hitting fresh lows in the process as speculators added to their net short positions and some stops were hit on the way down. Large Canadian canola supplies, losses in Chicago Board of Trade […] Read more
Canola weakens in choppy trade at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 25 (CNS Canada) – ICE Futures canola contracts were posting small losses at midday Monday in choppy activity. Declines in Chicago Board of Trade soyoil futures and a firmer tone in the Canadian dollar put some pressure on values, according to a trader. Large Canadian canola […] Read more
ICE canola futures steady to start the week
By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 25 (CNS Canada) – ICE Futures canola contracts were trading either side of steady Monday morning, influenced by progress made in the United States/China trade dispute and tempered by soft export demand for Canadian canola. Canola futures for this morning were mostly up by less than […] Read more
North American Grain/Oilseed Review: Poor demand and large supplies weigh on canola
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 22 (CNS Canada) – ICE Futures canola contracts were mostly lower on Friday, as bearish technical signals and a lack of end user buying interest weighed on values ahead of the weekend. Strength in the Canadian dollar, which moved above 76 U.S. cents, contributed to the […] Read more
Canola weakens at midday Friday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, seeing a modest correction after Thursday’s late rally. Strength in the Canadian dollar and soft export demand contributed to the weakness in canola, according to a trader. “The whole board is just grinding […] Read more
ICE canola futures heading downward in morning trade
By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker Friday morning, with the technical bias towards the downside. Canola futures for this morning lost about C$2 per tonne, with the May contract slipping to C$480.50 per tonne. Almost a month after the 35-day shutdown of […] Read more