By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 26 (CNS Canada) – ICE Futures canola contracts were stronger on Thursday, as speculative short-covering underpinned the futures. An overnight rally in Chicago Board of Trade soybeans was also supportive, although soybeans ended the day near unchanged. Weather concerns in parts of Western Canada contributed to […] Read more
North American Grain/Oilseed Review: Canola up with spec short-covering
ICE canola strengthens, awaiting crop news
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 26 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday, as overnight gains in Chicago Board of Trade soybeans provided spillover support. While soybeans backed away from their earlier highs, canola remained reasonably supported with persistent production concerns in parts of the Prairies […] Read more
ICE canola up with soybeans
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 26, 2018 (CNS Canada) – ICE Futures Canada canola contracts were higher Thursday morning, following the lead of Chicago Board of Trade (CBOT) soybeans. CBOT soyoil and meal contracts were higher. European rapeseed was also up. In an announcement Wednesday, United States President Donald Trump […] Read more
Global Markets: NAFTA must remain three-way deal: Canada, Mexico
By Commodity News Service Canada July 26 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Investigators say there is no evidence that the Islamic State terrorist group had any connection to the shooting in Toronto, despite the group’s claim. The weekend shooting killed two people […] Read more
North American Grain/Oilseed Review: Wheat rallies
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 25 (CNS Canada) – ICE Futures canola contracts settled with small losses on Wednesday, after trading to both sides of unchanged in choppy activity. While gains in the Chicago soy complex provided some spillover support, canola was pressured by a firmer tone in the Canadian dollar. […] Read more
ICE canola holding firm in thin midday trade
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 25 (CNS Canada) – ICE Futures canola contracts were holding onto small gains at midday Wednesday, recovering from overnight losses in thin and choppy activity. Persistent weather concerns in some dry areas of Western Canada provided underlying support, while the nearby technical signals are also pointed […] Read more
ICE canola down in morning trade
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 25, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower Wednesday morning Chicago Board of Trade soybeans and meal contracts were all higher, while soy meal contracts were down. Palm oil is also lower, while the European rapeseed market is higher. Spotty […] Read more
North American Grain/Oilseed Review: Canola rises with soybeans
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 24 (CNS Canada) – ICE Futures canola contracts were stronger on Tuesday, finding some spillover support from a rally in Chicago Board of Trade soybeans and soyoil. The gains in the Chicago market were said to be tied to reports that the White House was set […] Read more
ICE canola strengthens with soybeans at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 24 (CNS Canada) – ICE Futures canola contracts were stronger at midday Tuesday, taking some direction from gains in Chicago Board of Trade soybeans. While international trade uncertainty remains a factor in the background of the soybean market, a trader said those concerns had subsided somewhat […] Read more
ICE canola up after Trump’s latest tweet
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 24, 2018 (CNS Canada) – ICE Futures Canada canola contracts were slightly higher Tuesday morning, following the latest tariff targeting tweet from United States President Donald Trump. Chicago Board of Trade soybeans and meal contracts were down, while soyoil contracts were higher. Trump tweeted Tuesday […] Read more