By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 11 (CNS Canada) – ICE Futures canola contracts were weaker at midday Tuesday, taking some direction from the Chicago Board of Trade soy complex. The ongoing trade dispute between China and the United States accounted for some of the weakness in soybeans. The U.S. Department of […] Read more
ICE canola weakens with soybeans
Canola down ahead of latest USDA report
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sept 11, 2018 (CNS Canada) – ICE Futures canola contracts were lower Tuesday morning. Chicago Board of Trade soybeans, meal and oil contracts were mostly lower. The United States Department of Agriculture crop production report will be released tomorrow. Traders expect the average yield estimate for […] Read more
North American Grains/Oilseed Review – Canola ticks higher ahead of report
By Dave Sims, Commodity News Service Canada Winnipeg, Sept. 10 (CNS Canada) – The ICE Futures canola platform recorded minor gains on Monday, as a pending report by the United States Department of Agriculture kept a note of caution in the air. On Wednesday the USDA will release its production estimates and there are ideas […] Read more
Canola inches higher in technical trading
By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 10 (CNS) – Canola contracts on the ICE Futures platform were slightly higher in technical buying at midday Monday. Traders had also begun to take positions ahead of Wednesday’s USDA production report. Cold weather has set in to parts of Alberta, raising concerns about potential frost […] Read more
Canola trading both sides of unchanged
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Sept 10, 2018 (CNS Canada) – ICE Futures canola contracts were mostly lower Monday morning, except for the November contract which was slightly higher. Chicago Board of Trade soybeans contracts were higher, while soyoil and meal contracts were both slightly lower. Northeast China was hit by […] Read more
North American Grain/Oilseed Review: Canola lower to end week
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sep. 7 (CNS Canada) – ICE Futures canola contracts were lower on Friday, as speculative positioning weighed on values to end the week. The market held steady within a rather narrow trading range over the past week between, trading between C$495 and C$499 per tonne in the […] Read more
ICE canola weakens, but still rangebound
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 7 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, although the market remains stuck in a rather flat trading pattern just below nearby resistance. The November contract has held within a tight four dollar range between C$495 and C$499 per tonne over […] Read more
ICE canola dips with soyoil
By Dave Sims, Commodity News Service Canada WINNIPEG, September 7 (CNS) – Contracts on the ICE Futures canola platform were lower Friday morning, weighed down by losses in Chicago Board of Trade soyoil. The technical bias appears pointed lower. Harvest pressure and ideas the soybean crop in the United States could be record large, pressured […] Read more
North American Grain/Oilseed Review: Canola higher after choppy day
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sep. 6 (CNS Canada) – ICE Futures canola contracts ended higher on Thursday, after a choppy day that saw the market trade to both sides of unchanged. Continued weakness in the Canadian dollar, which has lost about one cent relative to its United States counterpart over the […] Read more
ICE canola edges down at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 6 (CNS Canada) – ICE Futures canola contracts were posting small losses at midday Thursday, although activity was relatively thin and choppy. “We’re stalled out here just under 500 dollars,” said a Winnipeg based trader. He said yield reports were generally coming in a bit better […] Read more