By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 26, 2018 (CNS Canada) – ICE Futures canola contracts were weaker at midday Monday, following the lead of United States soyoil futures. Chicago Board of Trade soybean, meal and oil contracts were all weaker. Soybean contracts are down significantly with the January contract falling 19 […] Read more
ICE canola market drops with soy complex
ICE canola weakens Monday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 26 (CNS Canada) – ICE Futures canola contracts were weaker Monday morning, taking some direction from Chicago Board of Trade soybeans and soyoil. Bearish technical signals, a firm tone in the Canadian dollar, and ample supplies in the commercial pipeline all contributed to the early selling […] Read more
North American Grain/Oilseed Review: Canola settles narrowly mixed
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 23 (CNS Canada) – ICE Futures canola contracts were narrowly mixed at Friday’s close, after posting losses for most of the session. Bearish technical signals, ample supplies in the commercial pipeline, losses in crude oil and spillover from the declines in Chicago Board of Trade soybeans […] Read more
ICE canola lower at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 23 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, seeing some follow-through selling after Thursday’s declines as speculators added to their net short positions. Losses in crude oil contributed to the weaker tone in canola, according to a trader. Signs of softening […] Read more
ICE canola down as U.S. markets reopen
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 23, 2018 (CNS Canada) – ICE Futures canola contracts are weaker Friday morning trade. Chicago Board of Trade soybean and oil contracts are slightly weaker, while meal contracts are stronger. CBOT contracts have a short trading day with no overnight trade having happened due to […] Read more
North American Grain/Oilseed Review: Canola weakens with U.S. markets closed
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 22 (CNS Canada) – ICE Futures canola contracts were weaker on Wednesday, although activity was thin and choppy as many traders kept to the sidelines with the Chicago Board of Trade closed for Thanksgiving. Speculative selling was a feature in the lightly traded market, as the […] Read more
ICE canola weakens in thin holiday trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 22 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday in thin and choppy activity, as the United States grain and oilseed markets were closed for Thanksgiving. After moving off of major lows the previous two sessions, speculators were back on the sell […] Read more
ICE canola weaker as American markets closed
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 22, 2018 (CNS Canada) – ICE Futures canola contracts are trading slightly weaker Thursday morning. The Chicago Board of Trade soybean market is closed today for American Thanksgiving. Not much is expected to sway the canola market today due to the American markets being closed. […] Read more
North American Grain/Oilseed review: Canola up ahead of U.S. Thanksgiving
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 21 (CNS Canada) – ICE Futures canola contracts were stronger on Wednesday, as spillover from a rally in Chicago Board of Trade soyoil provided support. Speculative short-covering contributed to the gains, as traders squared positions ahead of the Thanksgiving holiday in the United States. Markets in […] Read more
ICE canola strengthens with soyoil
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 21 (CNS Canada) – ICE Futures canola contracts were stronger at midday Wednesday, taking some direction from Chicago Board of Trade soyoil. Speculative short-covering contributed to the gains, as traders were squaring positions ahead of the United States Thanksgiving holiday. U.S. markets will be closed Thursday, […] Read more