By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 24 (CNS Canada) – ICE Futures canola contracts were down sharply on Wednesday, finishing just above major chart support as good harvest weather and bearish technical signals weighed on values. Sunny and dry weather across much of Western Canada should allow farmers to make good harvest […] Read more
North American Grain/Oilseed Review: Canola drops sharply
ICE canola hits one-month lows
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 24 (CNS Canada) – ICE Futures canola contracts were weaker at midday Wednesday, hitting their lowest levels in a month as a number of bearish influences weighed on values. “Everything is working against canola,” said a Winnipeg-based broker. Improved harvest weather in Alberta and Saskatchewan should […] Read more
ICE canola down again in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 24, 2018 (CNS Canada) – ICE Futures canola contracts were weaker in morning trade, continuing with their downward trend. Chicago Board of Trade soybeans, oil and meal contracts were all down also. While the harvest has resumed across Western Canada and progress has been made […] Read more
North American Grain/Oilseed Review: Harvest pressure weighs on canola
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 23 (CNS Canada) – ICE Futures canola contracts were lower on Tuesday, as seasonal harvest pressure and bearish technical signals weighed on prices. Sunny and dry conditions across most of Western Canada were allowing farmers to make good harvest progress, with the resulting hedge pressure finding […] Read more
ICE canola continues lower with advancing harvest
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 23 (CNS Canada) – ICE Futures canola contracts were weaker at midday Tuesday, as seasonal harvest pressure and losses in Chicago Board of Trade soyoil weighed on values. Sunny and dry conditions across most of Western Canada this week should allow farmers to make good harvest […] Read more
ICE canola down in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 23, 2018 (CNS Canada) – ICE Futures canola contracts were weaker in morning trade. Chicago Board of Trade soybeans, oil and meal contracts were all down also. There are reports of quality deterioration for the soybean crop as the harvest has resumed in the United […] Read more
North American Grain/Oilseed Review: Canola drops with better weather
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 22 (CNS Canada) – ICE Futures canola contracts were weaker on Monday, as better Prairie weather weighed on values. Warm and dry conditions over the weekend should have allowed the harvest to advance, with the harvest window expected to remain open in many areas over the […] Read more
ICE canola weakens with harvest pressure
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 22 (CNS Canada) – ICE Futures canola contracts were weaker at midday Monday, although activity was thin and choppy as investors were busy rolling their positions out of the nearby November contract before it expires. Good harvest weather across Western Canada over the weekend weighed on […] Read more
ICE canola down to start off week
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 22, 2018 (CNS Canada) – ICE Futures canola contracts were weaker in morning trade, continuing in the seesaw pattern from last week. Chicago Board of Trade soybeans and meal contracts were stronger, while soyoil contracts were weaker. Farmers across Western Canada were able to make […] Read more
Canola regains Thursday’s losses
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Oct. 19 (CNS) – The ICE Futures canola platform were stronger at market close following yesterday’s drop, as the market finished the week in its see-saw pattern. However, unlike the rest of the week the canola market was able to regain its losses from the previous day, […] Read more