Archives

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

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 13 (CNS Canada) – ICE Futures canola contracts were down for the fifth-straight session on Friday, hitting their weakest levels since October as bearish technical signals and spillover from the weaker Chicago Board of Trade soy complex weighed on values. Relatively favourable crop conditions across much […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 13 (CNS Canada) – ICE Futures canola contracts were weaker on Friday, hitting their lowest levels in nine months as bearish technical signals kept speculators adding to their net short positions. “Canola feels fairly heavy,” said a trader on the well-established downtrend. Losses in Chicago Board […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 12 (CNS) – Canola contracts on the ICE Futures Canada platform were parked in neutral Thursday morning, as participants waited for the release of the USDA’s monthly supply and demand estimates. Oilseed markets in general are looking oversold but no one wants to make any major […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 12 (CNS Canada) – ICE Futures canola contracts were weaker on Thursday, as bearish chart signals and ideas that the commodity remains expensive compared to other oilseeds weighed on prices. Relatively favourable Prairie crop conditions added to the softer tone, despite lingering concerns over excessive dryness […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 12 (CNS Canada) – ICE Futures canola contracts were holding near unchanged at midday Thursday, seeing some consolidation after dropping sharply earlier in the week. The United States Department of Agriculture releases its latest monthly supply/demand report at 11:00 CDT, and any surprises in the data […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 12 (CNS) – Canola contracts on the ICE Futures Canada platform were parked in neutral Thursday morning, as participants waited for the release of the USDA’s monthly supply and demand estimates. Oilseed markets in general are looking oversold but no one wants to make any major […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 11 (CNS Canada) – ICE Futures canola contracts were down sharply on Wednesday, as heightened world trade tensions had speculators firmly on the sell side of the market. The ongoing trade war between the United States and China saw the U.S. announce it was considering placing […] Read more

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, July 11 (CNS Canada) – ICE Futures canola contracts were weaker at midday Wednesday, as mounting world trade concerns weighed on values. The United States announced it was considering placing 10 per cent tariffs on an additional US$200 billion worth of Chinese goods, with China set to […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 11 (CNS) – Canola contracts on the ICE Futures Canada platform dropped Wednesday morning, crashing below the psychologically-important C$500 per tonne mark. Speculators were adding to their net short position in the market, accounting for some of this morning’s bearishness, according to a report. Traders were […] Read more