By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 6 (CNS) – Contracts on the ICE Futures canola platform were slightly lower in technical trading Thursday morning. Canola stocks in Canada were pegged at 2.4 million tonnes, as of July 31, in a report released this morning by Statistics Canada. The number was close to […] Read more
ICE canola dips with technicals
North American Grain/Oilseed Review: Canola ends near unchanged
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sep. 5 (CNS Canada) – ICE Futures canola contracts settled within 50 cents of unchanged in the most active months on Wednesday, lacking any clear direction throughout the lightly-traded session. Temperatures dipped below freezing in parts of Alberta and Saskatchewan overnight. While the anecdotal reports were not […] Read more
ICE canola narrowly mixed at midday Wednesday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 5 (CNS Canada) – ICE Futures canola contracts were holding near unchanged at midday Wednesday, as frost worries in parts of the Prairies were countered by the bearish influence of the Chicago Board of Trade soybean market. Overnight temperatures dipped below the freezing mark across areas […] Read more
ICE canola chopping around unchanged
By Dave Sims, Commodity News Service Canada WINNIPEG, Sept. 5 (CNS) – Contracts on the ICE Futures canola platform were barely higher in technical trading Wednesday. Recent weakness in the value of the Canadian dollar lent support to prices. Yields look extremely mixed at this point, with heat damage reported in the southern Prairies, while […] Read more
North American Grain/Oilseed Review: Canola settles with small gains
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Sep. 4 (CNS Canada) – ICE Futures canola contracts settled with small gains on Tuesday, as weather concerns in parts of the Prairies and weakness in the Canadian dollar provided support. The Canadian dollar lost roughly half a cent relative to its United States counterpart, which helped […] Read more
ICE canola rises as Canadian dollar falls
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Sep. 4 (CNS Canada) – ICE Futures canola contracts were stronger at midday Tuesday, as weakness in the Canadian dollar and gains in the Chicago Board of Trade soy complex provided support. The Canadian currency was down sharply relative to its United States counterpart, which helped crush […] Read more
ICE canola rises with currency issues
By Dave Sims, Commodity News Service Canada WINNIPEG, September 4 (CNS) – Contracts on the ICE Futures canola platform were mostly higher Tuesday morning, propped up by weakness in the Canadian currency. Gains in soyoil were bullish for the market. Recent rains have delayed harvest in parts of Western Canada. Friday’s crop production report from […] Read more
North American Grains/Oilseed Review – Canola ekes out small gains
By Dave Sims, Commodity News Service Canada Winnipeg, August 31 (CNS Canada) – The ICE Futures canola platform ended slightly stronger on Friday, propped up by a Statistics Canada report calling for a smaller-than-expected canola crop this year. This morning, the agency pegged canola production in 2018/19 at 19.2 million tonnes, which was below what […] Read more
ICE canola rises with currency issues and supportive crop forecast
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 31 (CNS) – Canola contracts on the ICE Futures platform were higher at midday Friday, bolstered by a light estimate for canola production and downward movement in the Canadian currency. The Canadian dollar was roughly half a cent lower, compared to its American counterpart, which made […] Read more
Stats Can report pushes canola higher
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 31, 2018 (CNS Canada) – ICE Futures canola contracts were stronger Friday morning, after a bullish production report from Statistics Canada was released. The production of principal field crops report from Statistics Canada, released earlier this morning, pegged canola production for this year at 19.2 […] Read more