By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 22, 2019 (CNS Canada) – ICE Futures canola contracts are stronger Tuesday morning, following the lead of soyoil. Chicago Board of Trade soybean and meal contracts are weaker, while soyoil is stronger. United States markets were closed yesterday for Martin Luther King Jr. Day. The […] Read more
ICE canola up with soyoil
North American Grain/Oilseed Review: Canola down in thin holiday trade
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 21 (CNS Canada) – ICE Futures canola contracts were weaker on Monday, although activity was thin and choppy with markets in the United States closed for the Martin Luther King, Jr. holiday. Speculators were noted sellers, adjusting positions in the absence of any fresh direction from […] Read more
ICE canola choppy at midday
By Glen Hallick, Commodity News Service Canada WINNIPEG, Jan. 21 (CNS Canada) – There’s not a lot of action with ICE Futures canola contracts midday Monday as markets in the United States are closed for the Martin Luther King Jr. holiday. “Barring some dominant factor there isn’t much in the news right now impacting anything,” […] Read more
ICE canola up while U.S. markets closed
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 21, 2019 (CNS Canada) – ICE Futures canola contracts are mostly stronger Monday morning. United States markets are closed today for Martin Luther King Jr. Day, so trading could be choppy and quieter for the canola market. Soybean and corn markets did finish Friday stronger, […] Read more
North American Grains and Oilseeds Review: Canola up despite China concerns
By Ashley Robinson, Commodity News Service Canada Winnipeg, Jan. 18 (CNS Canada) – The ICE Futures canola contacts finished the day stronger, despite continuing concerns about China. There is ongoing concern from traders that China/Canada relations are affecting canola exports, with China lowering purchases. The latest Canadian Grain Commission data this morning showed canola exports […] Read more
ICE canola up but lagging soy
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Jan. 18, 2018 (CNS Canada) – ICE Futures canola contracts were stronger at midday Friday, finding support from the soy complex. “We are getting a little strength from the U.S. side which is pulling canola up, but only reluctantly unfortunately,” said a Winnipeg-based trader. The trader suspects […] Read more
ICE canola holds firm Friday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 18 (CNS Canada) – ICE Futures canola contracts were holding onto small gains in the most active months Friday morning, although activity was thin and choppy. After recovering off of major chart support the previous two sessions, the nearby technical bias has shifted back to the […] Read more
North American Grains and Oilseeds Review: Canola up as dollar down
By Ashley Robinson, Commodity News Service Canada Winnipeg, Jan. 17 (CNS Canada) – The ICE Futures canola contacts finished the day stronger, finding support from a weaker Canadian dollar. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all stronger. Soyoil contracts were up sharply, which was supportive for canola contracts. There is […] Read more
ICE canola climbing higher with soy
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Jan. 17, 2018 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday, supported by a weaker Canadian dollar. Chicago Board of Trade soybean, oil and meal contracts are all stronger finding support from news out of Brazil that little rain continues to fall there. […] Read more
ICE canola continues higher early Thursday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 17 (CNS Canada) – ICE Futures canola contracts were stronger Thursday morning, seeing some follow-through speculative buying interest after Wednesday’s correction off of major chart support. Gains in Chicago Board of Trade soybeans, a weaker tone in the Canadian dollar, and a lack of significant farmer […] Read more