By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 9, 2018 (CNS Canada) – ICE Futures canola contracts were lower Thursday morning, following yesterday’s rally. Two days of strong gains for the canola market have left it vulnerable to profit taking today. The latest United States Department of Agriculture reports are due out tomorrow. […] Read more
ICE canola down after strong rally
North American Grains/Oilseed Review: Canola continues to rise with summer heat
By Dave Sims, Commodity News Service Canada Winnipeg, August 8 (CNS Canada) – Canola contracts on the ICE Futures platform continued their upward momentum Wednesday, taking strength from follow-through buying and hot temperatures in Western Canada. The current heat wave has raised concerns about canola yields, particularly in southwest Saskatchewan and southern Alberta. “The heat […] Read more
ICE canola rises with follow-through buying
By Dave Sims, Commodity News Service Canada WINNIPEG, August 8 (CNS) – Canola contracts on the ICE Futures platform were stronger in follow-through buying on Wednesday. Hot temperatures in Western Canada underpinned the futures as farmers in Saskatchewan and Alberta worry about yields. Gains in Chicago Board of Trade soybeans helped prop up values and […] Read more
ICE canola continues to climb higher
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 8, 2018 (CNS Canada) – ICE Futures canola contracts continued their rally Wednesday morning. Chicago Board of Trade soybean, soyoil and meal contracts were also all up, as traders positioned themselves ahead of Friday’s United States Department of Agriculture reports, despite the latest trade war […] Read more
North American Grains/Oilseed Review – Canola prices jump with heat wave
By Dave Sims, Commodity News Service Canada Winnipeg, August 7 (CNS Canada) – Canola contracts on the ICE futures platform posted large gains on Tuesday, following gains in Chicago Board of Trade soyoil and benefiting from a weaker Canadian dollar. The market was underpinned by a heat wave in Western Canada this week, which is […] Read more
ICE canola strengthens with soyoil and Prairie heat wave
By Dave Sims, Commodity News Service Canada WINNIPEG, August 7 (CNS) – Canola contracts on the ICE Futures platform were sharply higher at midday Tuesday, taking strength from gains in Chicago Board of Trade soyoil. Advances in CBOT soybeans and weakness in the Canadian dollar were also supportive. Speculative buying was a feature of the […] Read more
ICE canola up sharply after holiday Monday
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Aug. 7, 2018 (CNS Canada) – ICE Futures canola contracts were higher Tuesday morning, playing catch up to American markets which were open on Monday. Chicago Board of Trade soybean, soyoil and meal contracts were also all up. Reduced yield potentials from Monday’s United States Department […] Read more
North American Grains/Oilseed Review: Canola dips ahead of long weekend
By Dave Sims, Commodity News Service Canada Winnipeg, August 3 (CNS Canada) – Canola contracts on the ICE Futures platform suffered modest losses to end the week, as traders prepared for next week’s USDA supply and demand report. There are ideas soybean stocks could rise in the report, which would be bearish for canola and […] Read more
ICE canola softens as traders look ahead to USDA report
By Dave Sims, Commodity News Service Canada WINNIPEG, August 3 (CNS) – Canola contracts on the ICE Futures platform were slightly lower in choppy trading at midday Friday. The market was tracking losses in soybeans and feeling some uncertainty about next week’s USDA supply and demand report. There are ideas the report will show higher […] Read more
ICE canola weakens early Friday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Aug. 3 (CNS Canada) – ICE Futures canola contracts were mostly lower Friday morning, taking some direction from Chicago Board of Trade soybeans amid ongoing trade tensions between the United States and China. Relatively favourable North American crop conditions and the looming harvest added to the softer […] Read more