By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 16, 2018 (CNS Canada) – ICE Futures canola contracts were down at midday Friday, as trade optimism had started to sour. Chicago Board of Trade soybean and soyoil contracts were weaker, while meal contracts were stronger. According to a Winnipeg-based trader the canola market is […] Read more
ICE canola market down with trade uncertainty
ICE canola weaker Friday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 16 (CNS Canada) – ICE Futures canola contracts were weaker Friday morning, as bearish technical signals continued to weigh on values. Overnight losses in Chicago Board of Trade soyoil futures contributed to the softer tone in canola, although soybeans were edging higher in early activity. The […] Read more
North American Grain and Oilseed Review: Canola finishes day in choppy trade
By Ashley Robinson, Commodity News Service Canada Winnipeg, Nov. 15 (CNS Canada) – The ICE Futures canola platform finished the day mixed, with contracts bouncing around both sides of unchanged in the last 10 minutes of trade. Chicago Board of Trade (CBOT) soybean contracts finished the day mostly higher, soyoil contracts were stronger and meal […] Read more
ICE canola market up at midday with soybeans
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 15, 2018 (CNS Canada) – ICE Futures canola contracts were up at midday, following the lead of soybean futures. Chicago Board of Trade soybean contracts are stroger on reports of progress with United States and China trade talks. However, canola is pretty “lifeless” with the […] Read more
ICE canola correcting higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 15 (CNS Canada) – ICE Futures canola contracts were stronger Thursday morning, seeing a modest correction after Wednesday’s drop to 15-month lows. Early gains in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola amid increased optimism over trade talks between the […] Read more
North American Grain/Oilseed Review: Canola hits fresh 15-month lows
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 14 (CNS Canada) – ICE Futures canola contracts were mostly lower on Wednesday, with the most active months hitting their weakest levels since August 2017 as speculative selling weighed on values. Some of the activity tied to spreading against Chicago Board of Trade soybeans, which were […] Read more
ICE canola weakens below nearby support
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 14 (CNS Canada) – ICE Futures canola contracts were weaker at midday Wednesday, with spreading against Chicago Board of Trade soybeans behind some of the selling pressure. While soybeans were higher at midday, soyoil was holding steady. Some speculators were likely adjusting positions by selling canola […] Read more
ICE canola turns lower Wednesday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 14 (CNS Canada) – ICE Futures canola contracts traded to both sides of unchanged in choppy overnight activity, but were turning lower Wednesday morning as speculative selling weighed on values. Bearish technical signals and ample supplies in the commercial pipeline accounted for some of the weakness, […] Read more
North American Grain/Oilseed Review: Canola down with soyoil
By Ashley Robinson, Commodity News Service Canada Winnipeg, Nov. 13 (CNS Canada) – The ICE Futures canola platform were weaker at market close, following the lead of Chicago soyoil contracts. The January contract has been finding some support around the C$480 mark, however it hasn’t been able to rally as weak soyoil contracts have it […] Read more
ICE canola market mixed at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 13, 2018 (CNS Canada) – ICE Futures canola contracts were trading both sides of unchanged at midday Monday. According to a Winnipeg based trader the January canola market is finding some support at the C$480 per tonne mark. However, it has been drifting slightly lower […] Read more