Archives

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

By Dave Sims, Commodity News Service Canada WINNIPEG, July 18 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Wednesday, as concerns over dryness in the Western Prairies underpinned the futures. Strong gains in U.S. soyoil were bullish for the market. Recent weakness in the Canadian dollar lent support to […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 18 (CNS Canada) – ICE Futures canola contracts were stronger Wednesday morning, as gains in Chicago soyoil and weakness in the Canadian dollar provided support. Dryness concerns in parts of Western Canada added to the firmer tone, with hot temperatures cutting into yield prospects as the […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, July 17 (CNS Canada) – Canola contracts on the ICE Futures Canada ended stronger on Tuesday, following gains in U.S. soybeans and soyoil. Dryness continues to be an issue in parts of the Prairies while the U.S. Midwest is also heating up. “I think there’s some bottom […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 17 (CNS) – Canola contracts on the ICE Futures Canada platform were higher at midday Tuesday, taking strength from gains in the U.S. soy complex and weakness in the Canadian dollar. Recent hot weather has dried out some regions of the Western Prairies, which was supportive […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 17 (CNS Canada) – ICE Futures canola contracts were holding onto small gains Tuesday morning, as chart-based buying helped the market continue to correct off of the nearby lows hit last week. Gains in Chicago Board of trade soybeans and early weakness in the Canadian dollar […] Read more

By Dave Sims, Commodity News Service Canada Winnipeg, July 16 (CNS Canada) – Canola contracts on the ICE Futures Canada platform posted modest gains to start the week, following advances in U.S. soybeans. Hot weather across Western Canada continues to stress dry regions in Saskatchewan and Alberta. Technical buying was a feature of the day. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 16 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly stronger at midday Monday, tracking gains in U.S. soybeans. The market was correcting itself after Friday’s losses. Dryness in parts of the Western Prairies were bullish for the futures. However, speculators have largely […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 16 (CNS Canada) – ICE Futures canola contracts traded to both sides of unchanged overnight, although the bias was turning higher Monday morning as the oversold market recovered off of the 10-month lows hit last week. Early gains in Chicago Board of Trade soybeans provided additional […] Read more