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 midday: Canola futures quiet at midday
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
North American Grain/Oilseed Review: Canola ends down in choppy trade
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 29 (CNS Canada) – ICE Futures canola contracts were weaker on Tuesday, although activity was thin and choppy as participants await some fresh direction. Losses in Chicago soybeans and soyoil accounted for some of the spillover selling pressure in canola, with bearish technical signals and poor […] Read more
ICE canola midday: very little to move futures
By Glen Hallick, Commodity News Service Canada WINNIPEG, Jan. 29 (CNS Canada) – ICE canola futures were slightly weaker midday Tuesday as there was little news to push the markets either way, according to a Winnipeg-based trader. “It’s down a buck. All of the grains and oilseeds are lower,” he said. Also there wasn’t much […] Read more
ICE canola down with soy
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 29, 2019 (CNS Canada) – ICE Futures canola contracts are weaker in Tuesday morning trade, following the lead of the soy complex. Chicago Board of Trade soybean, oil and meal contracts are all weaker. There is concern about mounting tensions between the United States and […] Read more
North American Grain/Oilseed Review: Canola weakens with soybeans, poor export demand
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 28 (CNS Canada) – ICE Futures canola contracts were weaker on Monday, taking some direction from Chicago Board of Trade soybeans. Soft export demand contributed to the declines, as canola exports fall farther behind the year-ago pace. Concerns over slowing Chinese demand, amid Canada’s ongoing diplomatic […] Read more
ICE canola weaker at midday with outside influences
By Glen Hallick, Commodity News Service Canada WINNIPEG, Jan. 28 (CNS Canada) – ICE canola futures were weaker at midday Monday, as soft export demand and losses in the Chicago Board of Trade soybeans weight in on values. Canola bids won’t be making any big moves themselves, rather they are being pushed around by outside […] Read more
ICE canola down to start off week
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 28, 2019 (CNS Canada) – ICE Futures canola contracts are mostly slightly weaker. Chicago Board of Trade soybean, oil and meal contracts are all weaker. Friday’s announcement from United States President Donald Trump that the government would be temporarily re-opening is having little effect on […] Read more
North American Grain/Oilseed Review: Canola higher in front months
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 25 (CNS Canada) – ICE Futures canola contracts were mixed on Friday, with gains in the front months and losses in the new crop positions as the market reacted to activity in the outside currency and vegetable oil markets. Sharp gains in Chicago Board of Trade […] Read more
ICE canola: conflicting influences keep market steady
By Glen Hallick, Commodity News Service Canada WINNIPEG, Jan. 25 (CNS Canada) – Canola bids were holding relatively steady at midday Friday, lacking any clear direction. “It’s having a hard time to figure out where to go I think,” said a Winnipeg-based trader. One factor on canola bids was the Canadian dollar, which had climbed […] Read more