By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 5, 2018 (CNS Canada) – ICE Futures canola contracts were weaker at midday, as traders positioned themselves ahead of the long weekend. “I wasn’t too surprised to see canola leak a little early here. Maybe some long liquidation, maybe some extra hedges to make sure […] Read more
ICE canola down awaiting harvest progress report
ICE canola correcting lower ahead of long weekend
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 5 (CNS Canada) – ICE Futures canola contracts were weaker Friday morning, as losses in Chicago Board of Trade soyoil weighed on values. Chart-based selling contributed to the declines, as Thursday’s activity was bearish from a technical standpoint, according to traders. However, cool and wet conditions […] Read more
North American Grains/Oilseed Review: Canola finishes day mixed
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Oct. 4 (CNS) – The ICE Futures canola platform closed mixed, jumping around in trade near the close. Earlier in the day the November contract had cracked the $500 mark, hitting its highest level in six weeks. The Canadian dollar is weaker again today, which was supportive […] Read more
ICE canola higher at midday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 4, 2018 (CNS Canada) – ICE Futures canola contracts were stronger at midday. Chicago Board of Trade soybean and meal contracts were both higher, while soyoil contracts were mixed with most lower. Wet weather in the United States Midwest has been supportive for soybean contracts […] Read more
ICE canola hits six-week highs
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 4 (CNS Canada) – ICE Futures canola contracts were stronger Thursday morning, rising above C$500 per tonne in the nearby November contract for the first time since late August. Cool and wet conditions across much of Western Canada, including snow in many areas, continue to cause […] Read more
North American Grains/Oilseed Review: Canola finishes the day higher
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Oct. 3 (CNS) – The ICE Futures canola platform closed mostly stronger, taking support from rising soyoil prices. Chicago Board of Trade soybeans and meal contracts were lower, while soyoil contracts were higher. The Canadian dollar was weaker which was supportive for the canola market. However canola […] Read more
ICE canola up with soyoil
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 3, 2018 (CNS Canada) – ICE Futures canola contracts were mostly stronger at midday, taking support from soyoil. Chicago Board of Trade soybean and meal contracts were weaker, while soyoil contracts were on the rise. One Winnipeg-based trader said the gains the canola market is […] Read more
ICE canola up as snow falls
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 3 (CNS Canada) – ICE Futures canola contracts were stronger Wednesday morning, as snow in Alberta highlighted concerns over harvest delays in parts of the Prairies. Chart-based speculative buying, as Tuesday’s bounce was supportive from a technical standpoint, contributed to the early gains. A weaker tone […] Read more
North American Grains/Oilseed Review: Canola climbs back higher after losses
By Ashley Robinson, Commodity News Service Canada WINNIPEG, Oct. 2 (CNS) – The ICE Futures canola platform finished the day stronger, taking back all of us yesterday’s losses. Chicago Board of Trade soybeans and oil contracts were stronger. Meal contracts jumped around in value during the day, but finished the trading session higher. Slow harvest […] Read more
ICE canola up after Monday downfall
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Oct. 2, 2018 (CNS Canada) – ICE Futures canola contracts were stronger at midday, continuing to recover following Monday’s losses. Chicago Board of Trade soybean and oil contracts were on the rise also, which was supportive for the canola market. Soymeal contracts however were weaker. Wet […] Read more