By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 11 (CNS Canada) – ICE Futures canola contracts were stronger at midday Friday, seeing a correction after Thursday’s declines. Follow-through selling was lacking on Friday, after canola fell to trade right above major support on Thursday. Gains in Chicago Board of Trade soybeans and soyoil contributed […] Read more
ICE canola corrects higher at midday
ICE canola regaining lost ground
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 11, 2019 (CNS Canada) – ICE Futures canola contracts were stronger Friday morning, trying to recover from some of Thursday’s losses. Farmer deliveries were down this week, according to the latest data from the Canadian Grain Commission. For the week ending Jan. 6, 230,600 tonnes […] Read more
North American Grain/Oilseed Review: Canola drops sharply with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 10 (CNS Canada) – ICE Futures canola contracts were down sharply on Thursday, finishing right above major support as losses in the Chicago Board of Trade soy complex spilled over to weigh on values. The most active March contract settled right above the psychological C$480 per […] Read more
ICE canola down sharply midday Thursday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 10 (CNS Canada) – ICE Futures canola contracts were lower in sympathy with the Chicago Board of Trade soy complex at midday Thursday. Bearish chart signals contributed to the losses in canola, as prices neared their contract lows. Concerns over Chinese demand and a lack of […] Read more
ICE canola down with soy
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Jan. 10, 2019 (CNS Canada) – ICE Futures canola contracts were weaker Thursday morning, following the lead of the soy complex. Chicago Board of Trade soybean, oil and meal contracts were all lower. Traders are waiting for concrete proof of Chinese purchases. China released its statement […] Read more
North American Grains and Oilseeds Review: China news lifts soy market
By Ashley Robinson, Commodity News Service Canada Winnipeg, Jan. 9 (CNS Canada) – The ICE Futures canola contacts closed slightly weaker Wednesday, as contracts continued to lag on the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were all stronger. The soy complex found support from positive news out of the […] Read more
ICE canola weaker at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Jan. 9, 2018 (CNS Canada) – ICE Futures canola contracts were mostly weaker at midday Wednesday, despite a weaker Canadian dollar and stronger soy complex. “We’re kind of probably in the winter January doldrums and we’re going to be there for the next little while,” said a […] Read more
ICE canola weakens early Wednesday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 9 (CNS Canada) – ICE Futures canola contracts were slightly lower Wednesday morning in thin and choppy activity. Continued strength in the Canadian dollar accounted for some of the relative weakness in canola, as the currency has rallied sharply over the past week. The Bank of […] Read more
North American Grain/Oilseed Review: Canola mixed after choppy day
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Jan. 8 (CNS Canada) – ICE Futures canola contracts settled mixed on Tuesday, with gains in the most active contracts as early selling pressure subsided by the close. Losses in the Chicago Board of Trade soy complex accounted some spillover selling pressure throughout the day in canola, […] Read more
ICE canola mostly lower in thin trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Jan. 8 (CNS Canada) – ICE Futures canola contracts were mostly lower in thin trade at midday Tuesday, as weakness in the Chicago Board of Trade soy complex weighed on values. “We’re getting a negative from the U.S. that’s dragging us down,” said a canola trader. The […] Read more