By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 21 (CNS Canada) – ICE Futures canola contracts were stronger on Thursday, as speculative short-covering and spillover from the advances in the Chicago Board of Trade soy complex provided support. Improving trade sentiment between the United States and China, underpinned the soy market and that buying […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday, as gains in the Chicago Board of Trade helped trigger a corrective bounce in the Canadian oilseed. Improving trade sentiment between the United States and China, as the two countries were reportedly moving […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – ICE Futures canola contracts were up Thursday morning as traders were looking to cover their short positions. This comes the day before the United States Department of Agriculture (USDA) releases its export report. Canola futures Thursday morning gained about C$3 to C$4 […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 20 (CNS Canada) – ICE Futures canola contracts continued their downward slide on Wednesday, hitting fresh contract lows for the second-straight session. Speculators were noted sellers as bearish technical signals kept the bias pointed lower. Strength in the Canadian dollar, a lack of significant end user […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were mixed at midday Wednesday, with losses in the front months and a firmer tone in the more deferred positions as the old/new crop spreads saw some adjustment. Losses in Chicago Board of Trade soybeans put some spillover […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were down Wednesday morning following Tuesday’s sell-off. Canola futures were losing about C$2 per tonne, with the March contract down to C$470.80 per tonne. The United States stocks markets were again sluggish; starting Wednesday morning on cautious optimism […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 19 (CNS Canada) – At midday Tuesday the ICE canola futures were a mixed bag, with the bias towards the downside according to a Winnipeg-based trader. The soybean complex on the Chicago Board of Trade was slightly lower, which was supportive. As was the Australian canola […] Read more

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 16 (CNS Canada) – ICE Futures canola contracts were slightly stronger Tuesday morning following Monday’s holiday. After being down in overnight trading, canola futures were making small gains, with the March contract above C$476 per tonne. The markets were somewhat sluggish Tuesday morning as the initial […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 15 (CNS Canada) – ICE Futures canola contracts were weaker on Friday, finishing right above major chart support as speculators added to their net short positions. The nearby March contract settled at C$475.80, which was right above major support around C$475.00 per tonne. Large supplies and […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 15 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, nearing major chart support in the process. Speculative selling was a feature, as fund traders added to short positions and end users were content to buy on a scale-down basis. The front-month March […] Read more