By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 27, 2018 (CNS Canada) – ICE Futures canola contracts were lower Monday morning, as crop tour results and trade news weighed on the market. Chicago Board of Trade soybeans, soyoil and meal contracts were all down too. The ProFarmer crop tour last week has been […] Read more
ICE canola down to start the week
North American Grains/Oilseed Review – Canola chops around in miniscule volumes
By Dave Sims, Commodity News Service Canada Winnipeg, August 24 (CNS Canada) – The ICE Futures canola market ended slightly higher in choppy trading Friday, as traders squared positions before the weekend. Volumes were extremely low as many traders were waiting for next Friday’s Statistics Canada acreage estimates to come out. With the impending harvest […] Read more
ICE canola corrects higher in thin-volume trade
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 24 (CNS) – Canola contracts on the ICE Futures platform were slightly higher at midday Friday, tracking gains in soybeans and soyoil amid thin volumes. The market was undergoing a bit of a correction after suffering losses over the past few days. Demand for Canadian supplies […] Read more
ICE canola up amid thin volumes
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 24, 2018 (CNS Canada) – ICE Futures canola contracts were higher Friday morning, however trade volumes were very low. Chicago Board of Trade soybeans, soyoil and meal contracts were all on the rise too. The Malaysian palm oil and European rapeseed markets were also higher. […] Read more
North American Grains/Oilseed Review – Canola settles below major support level
By Dave Sims, Commodity News Service Canada Winnipeg, August 23 (CNS Canada) – A persistent slump in the value of soybeans weighed down ICE Futures canola contracts Thursday, sending them below the psychologically-important C$500 per tonne mark. As well, rains this week in the American Midwest are expected to be favourable for late soybean development, […] Read more
ICE canola dips amid uncertainty over true size of crop
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 23 (CNS) – Canola contracts on the ICE Futures platform were lower at midday Thursday, breaking below the key C$500 per tonne mark. Weakness in the Chicago Board of Trade soy complex added to the downside while harvest pressure was also a factor. There continues to […] Read more
ICE canola breaks below $500 in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 23, 2018 (CNS Canada) – ICE Futures canola contracts were lower Thursday morning, as harvest progress continues across the Prairies. Chicago Board of Trade soybeans, soyoil and meal contracts, along with European rapeseed and palm oil, were all down too. Soybeans are under pressure as […] Read more
North American Grains/Oilseed Review – Canola tracks soy complex lower
By Dave Sims, Commodity News Service Canada Winnipeg, August 22 (CNS Canada) – Canola contracts on the ICE Futures Canada platform chalked up losses in Wednesday, following a downturn in the Chicago Board of Trade soy complex. Slight gains in the value of the Canadian dollar, relative to its American counterpart, were bearish for futures. […] Read more
ICE canola softens with farmer selling
By Dave Sims, Commodity News Service Canada WINNIPEG, Aug. 22 (CNS) – Canola contracts on the ICE Futures platform were lower at midday Wednesday, dragged down by losses in the Chicago Board of Trade soy complex. The Canadian dollar was slightly higher, which also weighed on futures. Reports from the ProFarmer crop tour indicate soybean […] Read more
ICE canola down in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 22, 2018 (CNS Canada) – ICE Futures canola contracts were lower Wednesday morning. Chicago Board of Trade soybeans, soyoil and meal contracts were all down too. Palm oil is steady, while the European rapeseed market is also down. It is unlikely that Chinese soybean tariffs […] Read more