Archives

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 23 (CNS Canada) – ICE Futures canola contracts were weaker on Monday, with chart-based speculative selling a feature as Friday’s turn lower was seen as bearish from a technical standpoint. Losses in Chicago Board of Trade soyoil, expectations for large canola ending stocks and recent strength […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 23 (CNS Canada) – ICE Futures canola contracts were weaker at midday Monday, retreating from earlier gains in thin and choppy activity. Losses in Chicago Board of Trade soyoil put some spillover pressure on canola. Relatively favourable North American crop conditions, expectations for large canola ending […] Read more

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 23, 2018 (CNS Canada) – ICE Futures Canada canola contracts were higher Monday morning, following the lead of Chicago Board of Trade (CBOT) soybeans. CBOT soymeal was also higher, while oil was lower. One of the largest soybean importers and crushers in China, Sunrise, has […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 20 (CNS Canada) – ICE Futures canola contracts were weaker on Friday, as a rally in the Canadian dollar triggered profit-taking to end the week after four straight sessions of gains. Expectations for large ending stocks and ideas that exports may not live up to earlier […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 20 (CNS Canada) – ICE Futures canola contracts were posting small losses at midday Friday, although activity was thin and choppy as traders squared positions ahead of the weekend. While supportive chart signals and a lack of farmer selling provided some underlying support, “the Canadian dollar […] Read more

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 20, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mixed Friday morning, jumping around in morning trade. Chicago Board of Trade soybeans, soyoil and meal contracts were all down. However soybeans and meal contracts were higher earlier in the morning. United States export […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 19 (CNS Canada) – ICE Futures canola contracts were stronger on Thursday, as the oversold market found support from concerns over hot and dry growing conditions in parts of Western Canada. In addition to the weather concerns, canola was also underpinned by weakness in the Canadian […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 19 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday, as hot Prairie weather and the weaker Canadian dollar provided support. Conditions remain hot and dry in many key canola growing regions of Western Canada, helping keep some weather premiums in the market, […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 19 (CNS Canada) – ICE Futures canola contracts were stronger Thursday morning, as weakness in the Canadian dollar provided support. The currency was down by half a cent relative to its United States counterpart, which boosts crush margins and makes exports more attractive to international buyers. […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, July 18 (CNS Canada) – Canola contracts on the ICE Futures Canada finished higher on Wednesday, taking strength from advances in soyoil and dryness problems in Western Canada. Gains in U.S. soybeans and recent weakness in the Canadian dollar also pointed the way higher. Some funds were […] Read more