By Dave Sims, Commodity News Service Canada Winnipeg, August 30 (CNS Canada) – The ICE Futures canola platform finished higher on Thursday due to weakness in the Canadian currency. The Canadian dollar was over a third of a cent lower compared to its American counterpart, which made canola more attractive to foreign buyers. Gains in […] Read more
Canola rises ahead of production report
ICE canola firms with influence of CDN dollar
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 30 (CNS) – Canola contracts on the ICE Futures platform were slightly higher at midday Thursday, as weakness in the Canadian dollar made canola more attractive to international buyers. The market also benefited from slight gains in soybeans and European rapeseed futures. Ideas the market was […] Read more
Trade optimism lifts canola market
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 30, 2018 (CNS Canada) – ICE Futures canola contracts were stronger Thursday morning, amidst trade optimism. Chicago Board of Trade soybeans and meal contracts were all lower, while soyoil contracts were trading both sides of unchanged. Malaysian palm oil contracts were higher, which was lending […] Read more
North American Grains/Oilseed Review – Canola rises with spec buying
By Dave Sims, Commodity News Service Canada Winnipeg, August 28 (CNS Canada) – The ICE Futures canola market ended higher on Wednesday, taking strength from advances in soybeans and some speculative buying. The market was bouncing around in choppy trading for much of the morning as harvest pressure is beginning to ramp up. On Friday, […] Read more
ICE canola chops around unchanged in technical trade
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 29 (CNS) – Canola contracts on the ICE Futures platform were close to unchanged at midday Wednesday, as gains in soybeans were offset by harvest pressure. The market was bouncing around in technical trade. The front-month November contract temporarily broke above the key C$490 per tonne […] Read more
ICE canola up in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 29, 2018 (CNS Canada) – ICE Futures canola contracts were stronger Wednesday morning, as they corrected after several days of weakness. Chicago Board of Trade soybeans and meal contracts were all higher, while soyoil contracts were lower. The cold temperatures across the Prairies continued overnight […] Read more
North American Grains/Oilseed Review – Canola softens with soybeans
By Dave Sims, Commodity News Service Canada Winnipeg, August 28 (CNS Canada) – The ICE Futures canola market ended weaker on Tuesday, as strength in the Canadian dollar and a slumping soybean market pointed the way downward. Harvest is getting underway in parts of Western Canada, although rain is keeping some combines off the field. […] Read more
ICE canola continues to fall with soybeans
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 28 (CNS) – Canola contracts on the ICE Futures platform were lower at midday Tuesday, tracking losses in the Chicago Board of Trade soy complex. The Canadian dollar was over a quarter of a cent higher, relative to its American counterpart, which made canola less attractive […] Read more
ICE canola down in weak trade volume
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 28, 2018 (CNS Canada) – ICE Futures canola contracts were lower Tuesday morning in thin trade. Chicago Board of Trade soybeans and meal contracts were all lower, while soyoil contracts were higher. Despite the latest trade news between the United States and Mexico, soybean markets […] Read more
North American Grains/Oilseed Review – Canola drops with uncertain canola yield
By Dave Sims, Commodity News Service Canada Winnipeg, August 27 (CNS Canada) – The ICE Futures canola market ended lower to start the week, weighed down by a bearish mix of currency issues and weakness in soybeans. Uncertainty over canola yields in Western Canada suppressed investor appetite. Crush margins remain low and cooler weather conditions […] Read more