By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 12 (CNS Canada) – ICE Futures canola contracts were stronger on Tuesday, taking some direction from gains in Chicago Board of Trade soybeans and soyoil. After dropping sharply on Monday, canola was looking overdone to the downside and due for a corrective bounce, according to participants. […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 12 (CNS Canada) – ICE Futures canola contracts were holding within a narrow range at midday Tuesday, with a slight bias to the upside as the market saw a modest correction after Monday’s declines. “There’s not enough big fundamental news in canola by itself to really […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 12 (CNS Canada) – ICE Futures canola contracts were posting small gains Tuesday morning, seeing a modest correction after dropping sharply on Monday. Early strength in Chicago soybeans and soyoil provided some spillover support for canola. However, large supplies in the commercial pipeline and a lack […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 11 (CNS Canada) – ICE Futures canola contracts were weaker on Monday, as losses in Chicago soyoil and other world vegetable oil markets weighed on prices. Chart-based speculative selling contributed to the declines, as prices fell to their lowest levels in three weeks. Large commercial supplies […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 11 (CNS Canada) – ICE Futures canola contracts were down at midday Monday, hitting fresh three-week lows as losses in Chicago Board of Trade soyoil futures spilled over to weigh on values. Soyoil hit its highest levels in eight months on Friday, but ran into resistance […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 11 (CNS Canada) – ICE Futures canola contracts were mostly weaker Monday morning, testing the lower edge of their nearby trading range. Losses in Chicago Board of Trade soyoil futures accounted for some spillover selling pressure in the canola market. Large canola supplies, a lack of […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 8 (CNS Canada) – ICE Futures canola contracts were mixed at Friday’s close, with losses in the front months and gains in the new crop contracts. Bearish technical signals weighed on prices early in the day. Large old crop supplies, concerns over declining Chinese demand and […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – ICE Futures canola contracts were down at midday Friday, falling to their lowest levels in three weeks as speculators were on the sell side ahead of a number of reports out of the United States. The U.S. Department of Agriculture releases its […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 8 (CNS Canada) – ICE Futures canola contracts were down Friday morning, falling to the lower edge of their nearby trading range. Losses in Chicago Board of Trade soyoil futures and a firmer tone in the Canadian dollar contributed to the early selling pressure in canola. […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 7 (CNS Canada) – ICE Futures canola contracts saw some wide price swings on Thursday before settling within a dollar of either side of unchanged. Weakness in the Canadian dollar was a major supportive influence, as the currency fell by another half of a cent relative […] Read more