By Dave Sims, Commodity News Service Canada WINNIPEG, July 3 (CNS) – Canola contracts on the ICE Futures Canada platform were lower at midday Friday, tracking weakness in the Chicago Board of Trade soy complex. The canola market was still catching up to losses in CBOT soy suffered yesterday, when Canadian markets were closed for […] Read more
ICE canola lagging soy to the downside
ICE canola down after holiday weekend
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, July 3, 2018 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower Tuesday morning, after being closed Monday. Canola was playing catch up to Chicago Board of Trade soybeans, which suffered losses Monday. The canola market was closed for the Canada Day holiday, while […] Read more
North American Grain/Oilseed Review: Markets watch acreage reports
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 29 (CNS Canada) – ICE Futures Canada canola contracts were mostly lower on Friday, as strength in the Canadian dollar and confirmation of large planted area weighed on values. In a report out this morning, Statistics Canada pegged canola seedings at 22.7 million acres, which was […] Read more
ICE canola down slightly following StatsCan
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 29 (CNS Canada) – ICE Futures Canada canola contracts were posting small losses at midday Friday, showing little reaction to Statistics Canada’s acreage estimates out in the morning. The government agency pegged canola seedings at 22.7 million acres, which was well above the earlier estimate of […] Read more
ICE canola down slightly awaiting USDA reports
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 29, 2018 (CNS Canada) – ICE Futures Canada canola contracts were lower Friday morning, following the release of Statistics Canada’s updated acreage numbers. Trading will be choppy throughout the morning until the United States Department of Agriculture (USDA) acreage and stocks reports are released at […] Read more
North American Grain/Oilseed Review: Canola down as traders exit front month
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 28 (CNS Canada) – ICE Futures Canada canola contracts were weaker on Thursday, with the largest losses in the old crop July contract as participants bailed out of the front month. July canola started the day trading at a premium of about C$11 to November, but […] Read more
ICE canola firm at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 28 (CNS Canada) – ICE Futures Canada canola contracts were mostly higher at midday Thursday, with weather concerns in parts of the Prairies providing support. Ideas that trade tensions between the United States and China had led to an increase in Chinese demand for Canadian canola […] Read more
ICE canola quiet ahead of acreage reports
By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, June 28, 2018 (CNS Canada) – ICE Futures Canada canola contracts were quietly mixed Thursday morning, ahead of Friday’s acreage reports. Chicago Board of Trade soybeans, soyoil and meal were all lower. With both soyoil and meal trading in a narrow range. Traders will be positioning […] Read more
North American Grain/Oilseed Review: Canola corrects higher
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, June 27 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, correcting from recent losses as supportive technical signals and solid end user demand provided support. Prairie weather concerns added to the firmer tone, with heat and dryness causing crop stress in some areas. […] Read more
ICE canola strengthens with soyoil at midday
By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, June 27 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Wednesday, as Prairie weather concerns provided some support. Heat and dryness is reportedly causing stress to canola crops in parts of Western Canada, although forecasts are calling for much needed rain in some […] Read more