By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 16, 2018 (CNS Canada) – ICE Futures canola contracts were weaker at midday Tuesday, taking back Monday’s gains. “Harvest weather looks to be improving. Combines are starting to roll again or started rolling yesterday I guess in parts of Alberta. In parts of Saskatchewan there […] Read more
ICE canola down following Monday’s gains
ICE canola lower with soybeans, better weather
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 16 (CNS Canada) – ICE Futures canola contracts were weaker Tuesday morning, seeing a modest correction after Monday’s gains. Losses in Chicago Board of Trade soybeans put some spillover pressure on canola. Early strength in the Canadian dollar also weighed on values. Improving harvest weather across […] Read more
Canola up as soybean market soars
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Oct. 15 (CNS) – The ICE Futures canola platform closed higher, finding spillover support from the rallying soybean market. Chicago Board of Trade soybeans, oil and meal contracts were all stronger. There are reports that two ships filled with United States soybeans departed for China last week, […] Read more
ICE canola up with soy complex
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 15, 2018 (CNS Canada) – ICE Futures canola contracts were stronger at midday, taking support from rising soybean contracts. “Just generally firm across the oilseed complex in the U.S. that’s pulling canola up here,” said a Winnipeg-based analyst. However, improving weather conditions across Western Canada […] Read more
ICE canola strengthens Monday morning
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 15 (CNS Canada) – ICE Futures canola contracts were posting small gains Monday morning, taking some direction from Chicago Board of Trade soybeans. Ongoing concerns over harvest delays in parts of Western Canada, due to persistent cool and wet conditions, added to the firmer tone as […] Read more
Grain/Oilseed Review: Canola lower in front months, lags soybeans
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 12 (CNS Canada) – ICE Futures canola contracts were mixed at Friday’s close, although the bias was lower in the most active nearby contracts. Gains in Chicago Board of Trade soybeans and soyoil provided spillover support throughout the day, but canola failed to see much traction […] Read more
ICE canola narrowly mixed at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 12 (CNS Canada) – ICE Futures canola contracts were narrowly mixed at midday Friday, with positioning ahead of the weekend a feature. Gains in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, but the Canadian oilseed was lagging to the upside. […] Read more
ICE canola up with soy
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 12, 2018 (CNS Canada) – ICE Futures canola contracts were stronger in morning trade, taking strength from the soybean market. Chicago Board of Trade soybeans and oil contracts are higher, while soymeal contracts are mixed, with most lower. Wet and snowy weather has delayed harvests […] Read more
North American Grain/Oilseed Review: Canola settles near unchanged
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 11 (CNS Canada) – ICE Futures canola contracts finished near unchanged on Thursday, as bearish technical signals and improving harvest weather was countered by spillover support from advances in Chicago Board of Trade soybeans. While cool and wet conditions continue to cause concerns across Western Canada, […] Read more
ICE canola weaker ahead of USDA report
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 11 (CNS Canada) – ICE Futures canola contracts were weaker at midday Thursday, although activity was choppy as traders awaited the United States Department of Agriculture’s latest production and stocks data. The USDA report will be out at 11:00 CDT, with most market participants expecting to […] Read more