By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG (CNS Canada) – ICE Futures canola contracts were posting small losses Monday morning, although activity was thin and choppy. Losses in Chicago Board of Trade soyoil and other international vegetable oil markets accounted for some of the spillover selling pressure. However, soybeans were firmer in Chicago, while […] Read more
ICE canola down slightly Monday morning
North American Grain/Oilseed Review: Canola ends with small gains
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 1 (CNS Canada) – ICE Futures canola contracts settled with small gains on Friday, as end-of-the-week positioning helped the market move higher for the first time in five days. Optimism over improving trade relations between the United States and China gave the soybean market in Chicago […] Read more
ICE canola midday: Canola futures marking time
By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 1 (CNS Canada) – At midday Friday the ICE canola futures and marking time to figure out where they want to go, said a Winnipeg-based trader. He said bids went up overnight and fell hard earlier Friday morning, only to pick back up by midday. Volumes […] Read more
ICE canola rises with soybeans early Friday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 1 (CNS Canada) – ICE Futures canola contracts were stronger Friday morning, as a rally in Chicago Board of Trade soybeans provided spillover support. Soybeans were up amid increasing optimism over trade relations between the United States and China. U.S. President Donald Trump told reporters that […] Read more
North American Grain/Oilseed Review: Canola backs away from early gains to end lower
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 31 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, after trading to both sides of unchanged in choppy activity. Canola posted gains in early activity, but that early speculative buying interest ran into chart resistance when the March contract touched the 50-day moving […] Read more
ICE canola narrowly mixed in choppy midday trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 31 (CNS Canada) – ICE Futures canola contracts were holding onto small gains at midday Thursday, although activity was thin and choppy as participants squared positions on the last trading day of the month. The March contract posted larger gains earlier in the day, but neared […] Read more
ICE canola up in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 31, 2019 (CNS Canada) – ICE Futures canola contracts are stronger in Thursday morning trade. Chicago Board of Trade soybean and meal contracts are up, while soyoil contracts are down. There is slight optimism for United States, China relations after U.S. President Donald Trump tweeted […] Read more
North American Grain/Oilseed Review: Canola weakens as C$ rises
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 30 (CNS Canada) – ICE Futures canola contracts were weaker on Wednesday, although activity was choppy as traders await fresh trade news. “Everyone is marking time,” said a trader, noting that participants were keeping a close eye on trade negotiations between the United States and China […] Read more
ICE canola midday: Canola futures quiet at midday
By Glen Hallick, Commodity News Service Canada WINNIPEG, Jan. 30 (CNS Canada) – The canola market is trading both sides of unchanged with nothing major moving it, according to a Winnipeg-based trader. He said the Canadian dollar, which is slightly higher Wednesday morning, “is keeping canola pretty subdued and locked in place for the moment.” […] Read more
ICE canola bouncing around in trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 30, 2019 (CNS Canada) – ICE Futures canola contracts are trading both sides of unchanged in morning trade. Chicago Board of Trade soybean, oil and meal contracts are all slightly stronger or unchanged. The technical bias in canola has turned to the downside and selling […] Read more