By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 13 (CNS Canada) – ICE Futures canola contracts were posting small losses Tuesday morning, as traders returned to the market after a long weekend. The ICE canola market was closed on Monday for Remembrance Day, while the Chicago Board of Trade soy complex traded its normal […] Read more
ICE canola weakens early Tuesday
ICE canola weakens ahead of long weekend
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 9 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, as ample supplies in the commercial pipeline, bearish technical signals, and spillover from declines in Chicago Board of Trade soyoil all weighed on values. “The trend is your friend… and canola has no […] Read more
ICE canola down in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 9, 2018 (CNS Canada) – ICE Futures canola contracts were slightly weaker Friday morning. Chicago Board of Trade soybeans and oil contracts were also down, while soymeal contracts were up. Soybean contracts dropped Thursday after the United States Department of Agriculture reduced its export outlook, […] Read more
North American Grain/Oilseed Review: Canola ends with small losses
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 8 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, although the market finished well off its session lows as traders reacted to activity in the Chicago Board of Trade soy market. Updated supply/demand numbers from the United States Department of Agriculture were bearish […] Read more
ICE canola weakens ahead of USDA
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 8 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, although activity was thin and choppy as participants await the release of the United States Department of Agriculture’s latest supply/demand estimates. Expectations that the USDA report at 11:00 CST will be bearish for […] Read more
ICE canola down ahead of USDA reports
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 8, 2018 (CNS Canada) – ICE Futures canola contracts were weaker Thursday morning. Chicago Board of Trade soybeans and meal contracts are stronger, while soyoil contracts are weaker. Commodity markets are expected to be quiet this morning ahead of the latest United States Department of […] Read more
North American Grain/Oilseed Review: Canola corrects higher
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 7 (CNS Canada) – ICE Futures canola contracts strengthened on Thursday, as the market recovered off of major chart support. Speculators covering short positions and end users taking advantage of bargain prices accounted for some of the buying interest in canola, according to participants. A slowdown […] Read more
ICE canola correcting higher
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Nov. 7 (CNS Canada) – ICE Futures canola contracts were posting small gains at midday Wednesday, as the market saw some consolidation following recent declines. The January canola contract hit a session low of C$480 per tonne on Tuesday before recovering as speculators and end-users returned to […] Read more
ICE canola mixed awaiting USDA reports
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Nov. 7, 2018 (CNS Canada) – ICE Futures canola contracts were mixed, with most contracts slightly higher. Chicago Board of Trade soybeans and meal contracts are lower while soyoil contracts are higher. Trading could be choppy today ahead of tomorrow’s United States Department of Agriculture reports. […] Read more
North American Grain/Oilseed Review: Canola weakens, but well off session lows
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Nov. 6 (CNS Canada) – ICE Futures canola contracts posted small losses on Tuesday, but finished well off their lows for the session as support held to the downside. Bearish technical signals sent the most active January contract to a session low of C$480 per tonne in […] Read more